I think I would trust a Nobel laureate on their topic of expertise, as indicated by their Nobel prize.
The problem seems to be that they are asked - and often answer - questions on topics unrelated to that topic, in the belief they're just, y'know, really smart.
I think the economics prize must be the worst banana skin for the recipients - popular economics science books like Freakonomics have cemented in the public's (and journalists'), minds, that economics has applicability to a number of different parts of life. And it does! However that does not mean they have any authority to speak on anything outside of their published work.