This is going to upset a lot of people… Paul Krugman wins the Nobel Prize for Economics. I can’t wait for the loopy-right to complain that even when the Nobel committee awards prizes to Americans they only give them to Americans who hate America. Or something like that.
UPDATE: Tyler Cowen, as you might expect, has much, much more. I should also say that whatever anyone thinks abotu Krugman’s politics, pretty much everyone I know who knows a lot about economics considers him a serious, hugely influential figure. So the award is not, or should not, be that controversial. Still, don’t expect that argument to convince everyone…
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