When the “Nobel Prize for Economics” gets announced, and people cry out that well-actually it’s the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel and it’s not part of Alfred Nobel’s original endowment, it is because this joker has won it, so how valuable could it possibly be? On the other hand, the most recent award went to the genuinely brilliant Claudia Goldin — here is a good pre-award interview — and the other Nobel prizes also went to some real ding-dongs. Things are never so clear-cut.