Monday, October 13, 2008

Way to go, Paul!

By Carl

A Nobel Prize in Economics?

STOCKHOLM, Sweden — The American economist Paul R. Krugman won the Nobel economics prize on Monday for his analysis of trade patterns and location of economic activity.

Mr. Krugman, 55, a professor at Princeton University in New Jersey and a columnist for The New York Times, formulated a new theory to answer questions about free trade, the Royal Swedish Academy of Sciences said.

“What are the effects of free trade and globalization? What are the driving forces behind worldwide urbanization? Paul Krugman has formulated a new theory to answer these questions,” the academy said in its citation.

“He has thereby integrated the previously disparate research fields of international trade and economic geography,” it said.

Gee... I can't imagine how the right wing is flopping about, gasping for air on that announcement. Go congratulate him.

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posted by Carl at 8:53 AM

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5 Comments:

  • Obviously the prize committee are liberal American hating, terrorist funding and probably gay.

    But how many Republican zealots actually read Krugman? I think most just read pre-digested opinions.

    By Blogger Capt. Fogg, at 9:10 AM  

  • Gee, I thought Sarah Palin or Phil Gramm, who called Americans "a nation of whiners," might have won. Actually, Paul Krugman is one of the people I have always greatly admired. A well-deserved honor.

    By Blogger Bob's Blog, at 9:15 AM  

  • Nobel Prize in 2008.

    By Anonymous Anonymous, at 9:52 AM  

  • Krugman has done some great work in the field of economics. It is important to seperate his economic work, most during the early Clinton administration, from his opinion writing in the NY Times, which often has little to do with economics.

    By Anonymous Anonymous, at 12:24 PM  

  • Why is it important? Seems to me that smart people have smart opinions. Not always, but often enough to suggest that if you disagree, you may be wrong.

    By Blogger Capt. Fogg, at 1:41 PM  

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