Monday, October 13, 2008

The Nobel Prize for Economics


Hurrah for Paul Krugman! While this award was, ostensibly for his academic work in international trade, comparative advantage and economies of scale, really, it was his daily indictment of the Bush Administration for eight years and his courage in calling them on the carpet for their hubris and deception that was recognized today. Not many people display this kind of public bravery and intelligence.