The economics Nobel prize is not even a “real” Nobel prize. No kidding, look it up.
I know. Believe me, I have had my issues with the field of economics. But, who else should our elected officials seek guidance from on economic issues? The only alternative seems to be choosing some heterodox economic ideology and forming policies based on those unproven theories. Do we know if those theories, when put into practice, will make people’s lives better or worse? Is it ethical to make the American people guinea pigs in an experiment to find out? I don’t think so.