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Bastiat's Bastions

What is seen and what is unseen.


Nobel Prize

As I have told my classes often, it is worth noting that there is no Nobel Prize in Marketing, Management or Accounting.

Check out the press release from the Nobel folks.

–CT

One Response to “Nobel Prize”

  1. Amanda Walker Says:

    I think that, for the most part, these categories are grouped together in that if you are selling a product, you need to manage the way operations are conducted, account for all things sold, weigh the marginal benefits to marginal costs, and introduce the product into a market of buyers and sellers. I think that because they are all intertwined, the “Nobel folks” picked a subject that best covered all of them to avoid overlapping in subject awards. (Another example of how this could occur is that a biography is a biography, but if the person is dead, could also be considered history.) – Amanda