Monday, October 13, 2008

Krugman wins Nobel

Just in case you have been in a cave or something!!

5 comments:

Peter Carney said...

Doesn't your cave have broadband access?

Kevin Denny said...

Yes but it also has Sky Sports.Get a life.

Michael Daly said...

Seemes like mixed reactions, on Forbes opinions anyway:

Arvind Panagariya: Trade economists can doubly rejoice in this award. It has not only brought wider recognition to what is perhaps the most important developments in international trade in the last three decades, it has also opened the door of the prize wider to the field where another giant, my colleague Jagdish Bhagwati, awaits recognition of his path-breaking work.

Peter J. Boettke: Today I would say is a sad day for economics, not a day to be celebrated.. the awarding of the Nobel Prize to Krugman today sends a mixed signal about the relative importance of economic science and scholarship as opposed to political and economic punditry.

Liam Delaney said...

id say the first person is more representative than the second. Very few people tipped Krugman in advance but in hindsight he is an obvious choice.

David Hoopes said...

I doubt he'd have gotten it without his NYT ranting. The fact that no one was thinking he deserved before the fact is a pretty good indicator of how much he deserved it. Bhagwati would have been a better choice (or Fama or Barro).