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Erik Angner

@erikangner.com

9.4K followers 6.9K following 3.3K posts

Professor of Practical Philosophy, Stockholm University & Institute for Futures Studies. He/Him. Author of How Economics Can Save the World 🛟 a.co/d/0AZASJz Web: https://linktr.ee/erikangner Opinions &c. my own. Agent: JP Marshall #Econsky #Philsky

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Erik Angner @erikangner.com · Oct 21

Have I mentioned my book!? It tries to inspire action by arguing we already sort-of know what needs to be done about the world's biggest problems – and have a pretty good idea of what a solution looks like. Also, economics is not what you think! www.amazon.com/How-Economic...

Book Cover: How Economics Can Save the World, by Erik Angner, with endorsements by Jay Battacharya and Klaus Schwab

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Erik Angner @erikangner.com · 19h

lol

Erik Angner @erikangner.com · 19h

"Låga födelsetal oroar politiker världen över. Men lösningen är inte mer traditionella könsroller, visar ekonomipristagaren Claudia Goldins forskning. Tvärtom – länder där män tar större ansvar i hemmet har också fler barn." | Ny krönika i EFN Finansmagasinet efn.se/vagen-till-s... via @efn.se

Vägen till sovrummet går genom köket

Fler barn föds där männen tar större ansvar

efn.se

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Erik Angner @erikangner.com · 1d

Titta på alla dessa kloka människor om Ekonomipriset | EFN Nobelanalys: efn.se/play/efn-nob...

EFN Nobelanalys: Ekonomipriset

EFN Nobelanalys: Ekonomipriset| Håll dig uppdaterad med aktuella ekonominyheter – gratis.

efn.se

Erik Angner @erikangner.com · 1d

The summation is a short pop-science description put together by a third party. I hope nobody judges the actual science based on it.

Erik Angner @erikangner.com · 1d

Soon on an electronic device near you: a panel of gregarious economists and economics-adjacent folks discussing today’s Nobel announcement 📺

Erik Angner @erikangner.com · 1d

Haha, nej jag förstår det

Erik Angner @erikangner.com · 1d

Det var väl länge sen vi gjorde det?

Erik Angner @erikangner.com · 1d

Du känner honom? Så roligt!

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Erik Angner @erikangner.com · 1d

I’m sure you’re right. But it could also reflect the composition of the Prize Committee, right?

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Erik Angner @erikangner.com · 1d

Seems to me they’re using ”prescriptive knowledge” more in the sense of know-how.

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Reposted by Erik Angner

Per Engzell @pengzell.bsky.social · 1d

Turns out history does help you understand the present

Erik Angner @erikangner.com · 1d

That's like four economics awards in a row with a substantial economic-history component, right? That strikes me as a remarkable shift. www.nobelprize.org/prizes/lists...

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Erik Angner @erikangner.com · 1d

I hope philosophers of science will chime in on the Prize Committee's discussion about kinds of knowledge, and its dissemination, as drivers of innovation and competition: www.nobelprize.org/uploads/2025... #PhilSci #NobelPrize

Useful knowledge
So – what creates this sustained economic growth? This year’s laureates used different methods to
answer this question. Through his research in economic history, Joel Mokyr has demonstrated that
a continual flow of useful knowledge is necessary. This useful knowledge has two parts: the first is
what Mokyr refers to as propositional knowledge, a systematic description of regularities in the natural
world that demonstrate why something works; the second is prescriptive knowledge, such as practical
instructions, drawings or recipes that describe what is necessary for something to work.
Mokyr shows that prior to the Industrial Revolution, technological innovation was primarily based on
prescriptive knowledge. People knew that something worked, but not why. Propositional knowledge, such
as in mathematics and natural philosophy, was developed without reference to prescriptive knowledge,
which made it difficult, even impossible, to build upon existing knowledge. Attempted innovations were
often haphazard or had approaches that someone with adequate propositional knowledge would have
understood were futile – such as building a perpetual motion machine or using alchemy to make gold.

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Erik Angner @erikangner.com · 1d

So I was wrong again. Weird, given economists' remarkable track record of making true and correct predictions about the external world, huh!? #NobelPrize

Erik Angner @erikangner.com · 1d

My actual prediction is Anne O. Krueger: sais.jhu.edu/users/akruege4 As far as I'm able to tell, she ticks all the boxes. She's an extremely accomplished academic, and has served as Chief Economist of the World Bank. /8

Anne O. Krueger

Anne Krueger is a Senior Fellow at the School of Advanced International Studies, Johns Hopkins University, and the Herald L. and Caroline Ritch Emeritus Professor of Sciences and Humanities in the Eco...

sais.jhu.edu

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Erik Angner @erikangner.com · 1d

That's like four economics awards in a row with a substantial economic-history component, right? That strikes me as a remarkable shift. www.nobelprize.org/prizes/lists...

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Erik Angner @erikangner.com · 1d

Press release: www.nobelprize.org/prizes/econo... #NobelPrize

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 was awarded “for having explained innovation-driven economic growth” with one half to Joel Mokyr “for having identified ...

www.nobelprize.org

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Erik Angner @erikangner.com · 1d

BREAKING: The 2025 Nobel Prize for Economics* goes to Mokyr, Aghion and Howitt!

#NobelPrize #NobelPrize2025 #EconSky

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Erik Angner @erikangner.com · 1d

Blocked and reported: bsky.app/profile/erik...

Erik Angner @erikangner.com · 1d

So that's my prediction. /fin

* "Actually it's not a real Nobel" = immediate block.

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Erik Angner @erikangner.com · 1d

Watch the Economics Nobel announcement live here, starting in 25 minutes: www.nobelprize.org

The official website of the Nobel Prize - NobelPrize.org

The Nobel Prize rewards science, humanism and peace efforts. This is one of the central concepts in the will of Alfred Nobel, and it also permeates the outreach activities that have been developed for...

www.nobelprize.org

Erik Angner @erikangner.com · 1d

Why??

Erik Angner @erikangner.com · 1d

Better graph:

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Erik Angner @erikangner.com · 1d

A recent OECD report covers some of the reasons for concern: doi.org/10.1787/648d....

OECD Integrity Review of Sweden

Sweden has long been perceived as one of the least corrupt countries in the world. However, amid growing concerns about the power and influence of organised crime groups, the country is working to add...

doi.org

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Erik Angner @erikangner.com · 1d

Sweden remains the #2 most innovative country in the world, in spite of rising concerns about organized crime and extensive rent-seeking: www.economist.com/graphic-deta...

Graph showing Switzerland at #1, Sweden at #2 and the US at #3

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Erik Angner @erikangner.com · 1d

So that's my prediction. /fin

* "Actually it's not a real Nobel" = immediate block.

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Erik Angner @erikangner.com · 1d

In brief, Krueger works on a topic that's absolutely central to the discipline of economics and that has huge explanatory power. Her work is original, innovative, and influential. She's enormously respected within and outside of the profession. Giving the Nobel to her is a bit of a no-brainer. /12

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Erik Angner @erikangner.com · 1d

The concept remains highly relevant, not the least under the current US administration, where corporations have to compete to purchase exceptions from tariffs and whatnot. In the Swedish context, it explains, e.g., the failure of the charter-school system. /11 efn.se/lappa-och-la... (in Swedish)

”Lappa och laga” räddar inte friskolesystemet

Hela systemet bygger på en tankevurpa

efn.se

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