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Take the Nobel Name off Economics Prize, Say Relatives

By: Thompson, Jonathan | The Independent (London, England), December 2, 2001 | Article details

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Take the Nobel Name off Economics Prize, Say Relatives


Thompson, Jonathan, The Independent (London, England)


It is a name synonymous with peace. But with the centenary celebrations of the Nobel prizes beginning this week, a dispute has broken out between the custodians of Alfred Nobel's estate and members of his family.

Peter Nobel, the great-grandson of Alfred's brother Ludwig, along with three of his cousins, have questioned the legitimacy of the economics prize and demanded that the Nobel name be dropped from the award. They claim it was "never in Alfred Nobel's will and is not in the spirit of his prizes". Their stance has angered the Nobel Foundation, which administers the prizes, and threatens to overshadow the festivities.

The economics award has always been …

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