Economics

Nobel Winner Vows ‘Zero Tolerance’ for Lazy, Untested Economics

  • Paul Romer doubles down on 2016 paper blasting his profession
  • NYU professor shares prize with Yale’s William Nordhaus
Nordhaus, Romer Win 2018 Nobel Prize in Economic Sciences
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Paul Romer, who shares this year’s Nobel Prize in economics, vows to keep calling out his colleagues for lazy thinking that lacks intellectual honesty.

“If I think it might be wrong, it is my job to say it is wrong,” the New York University professor told reporters Monday after learning he’d been honored by the Royal Swedish Academy of Sciences together with Yale’s William Nordhaus. “We have to preserve a culture where that’s OK.”