Nobel Prize for Economics

I await the Nobel Prize for Economics most after literature and peace. The remaining interest me as much as Pluto interests anyone in Solar System- but more out of ignorance not borne of irrelevance or irreverence. (How the paneer will I understand what are two-dimensional quasi-crystals, for example, object of this year's Chemistry winner? My Chemistry cousin in London will decode it far better ...and hopefully also win a Nobel one day). But back to it, Economics may be a dismal science and the pecking order of Nobel Prize for Economics also keeps it last for announcement. Btw, the Economics award is the only one instituted by the Swedish Central Bank but handed out as part of the "Nobels". As a student of Economics, I am thrilled to note this years' winners: Prof. Thomas J Sargent (Columbia university) and Prof. Christopher A Sims. (New York) for their work in cause and effect theory of macroeconomics using VAR models and forecasting. Although it is funnily lamented that the economists have predicted nine of the last six recessions - the drivel is used to forecast. Michael Spence, Paul Krugman and Amartya Sen are the last of the Economics winners I think should be seriously read as they make lot of sense. But from whatever I could google, these guys' works looks promising and should be top-of-the-tree reading in months to come. Maybe a new book from Columbia University. Congratulations! Long Live Economics - for anything to do with money or lack of it.