Economist Krugman wins Nobel Prize


This video from the USA says about itself:

On Monday we sat down (virtually) with the New York Times oped page’s Paul Krugman to talk about his new book, The Conscience of a Liberal, what it’s like being ‘radicalized’ by the Bush administration and what he thinks the “big stand up and cheer moment” of the 2008 campaign has been so far.

From Wikipedia:

[United States economist Paul] Krugman was awarded the Nobel Prize in economics for his pioneering work on the New Trade Theory. …

Krugman is generally considered a political liberal or progressive, and is an ardent critic of the George W. Bush administration and its foreign and domestic policy. Unlike many economic pundits, he is also regarded as an important scholarly contributor by his peers. He has written over 200 scholarly papers and 20 books—some academic, and some written for the layperson.

Krugman seems to be better choice as Nobel Prize winner than this year’s peace prize winner, Ahtisaari. Also certainly better than arch Rightist economist Milton Friedman: Friedman’s heirs should be made to return the prize money, to be spent for the victims of the present economic crisis caused by Friedmanite economic policies.

Krugman: “I had no idea that the MIT economics visiting committee tried to force [Paul] Samuelson to call off the publication of his 1948 textbook, on the grounds that Keynesian economics was too left-wing”: here.

2009: I was amazed to find that Elinor Ostrom, a 76-year-old professor, had won the Nobel Prize for economics: here.

2 thoughts on “Economist Krugman wins Nobel Prize

  1. Pingback: Ruining Dutch economy to ruin Greek economy, Blairite confesses | Dear Kitty. Some blog

  2. Pingback: Economist Krugman criticizes British Conservatives and ‘Conservative lite’ Labour | Dear Kitty. Some blog

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