Monday, October 13, 2008

Krugman Wins Nobel


Princeton economist and New York Times columnist Paul Krugman has been awarded the Nobel Prize in Economics.

Krugman, routinely castigated by America's rightwing, is a self-described liberal. He has used his column and books to repeatedly show how his country was on a path to the meltdown that has consumed it today.

In "The Great Unraveling" Krugman assembled a selection of his columns going back to the arrival of George w. Bush in Washington that depicted the madness that has been Republican economic and social policy in the 21st Century.

4 comments:

travis fast said...

you do realize that Krugman was part of the neoliberal consensus and part of the state failure school?

The Mound of Sound said...
This comment has been removed by the author.
The Mound of Sound said...

I'm not familiar with your "state failure" concept, Travis, but I have followed Krugman and have found his opinions coherent and, with time, borne out.
Now if you have a critique of the guy that you want us (layfolk) to understand, please spell it out.

Anonymous said...

A bit too young to give him the award? There are a lot of more senior economists who have not been tapped.