Eyes On The Prize

Alfred Nobel's descendant, Peter Nobel on the prize that most of us mistakenly believe is called 'The Nobel Prize for Economics', but should in fact be known by its proper title of 'The Bank of Sweden Prize in Economic Science in Memory of Alfred Nobel':

"Two thirds of these prizes in economics have gone to US economists, particularly of the Chicago School - to people speculating in stock markets and options. These have nothing to do with Alfred Nobel's goal of improving the human condition and our survival - indeed they are the exact opposite."

From an excellent post at the At Any Street Corner blog on the steps taken to legitimise (a particular school of) economics as science.