Sorry, Krugman is no longer a "clear thinking" man. He has become a socialist which clouds a persons thought process with their bleeding heart slanted conclusions. He made economic sense at one time; he has now drank the kool aide. Krugman could be a poster child for some people do not get wiser with age.
As far as a Nobel prize...I think most now see how worthless and political it has become. The "peace prize" alone has been relegated to a joke with Arafat, Obama, and now the United Nations receiving it for doing nothing, other than espousing intention through rhetoric.
When I saw Arafat proclaim his "jihad" against innocent Israelis get the peace prize after not getting some 2-3% of his demands at the Camp David accords, that told me all I needed to know about the Nobel committee. Unlike many, I have not forgotten the almost daily bombings of buses, weddings, cafes, clubs/restaurants that killed and maimed so many decent people until Israel built their wall.
It makes me wonder if the hard sciences awards are as politicized.
I don’t think so.
The peace prize is done by a country so sovietized that it can be seen as a test run for Obama, and the committee is leftwing loony-toons, ideologues and political-science hacks heavy on the antisemitism.
In the real world, there are actual criteria.