Alfred Nobel never endowed a prize for mathematics. Legend has it his mistress left him for a mathematician. I doubt it is true. But if it is, mathematicians got even with the Nobel Prize for Economic Science. I like the term “hard sciences.” The sciences of biology, chemistry, and physics require work that can be reproduced from the practitioners. There are two messages we hear about the American economy. The first is it is the world’s strongest. The second is... Read more