Skip to comments.Columnist Paul Krugman wins Nobel economics prize (You Have To Be Kidding Me?!?)
Posted on 10/13/2008 9:23:02 AM PDT by My Favorite Headache
Columnist Paul Krugman wins Nobel economics prize
STOCKHOLM, Sweden - Paul Krugman, the Princeton University scholar and New York Times columnist, won the Nobel prize in economics Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.
Krugman has been a harsh critic of the Bush administration and the Republican Party in The New York Times, where he writes a regular column and has a blog called "Conscience of a Liberal."
He has come out forcefully against John McCain during the economic meltdown, saying the Republican candidate is "more frightening now than he was a few weeks ago" and earlier that the GOP has become "the party of stupid."
"Krugman is not only a scientist but also an opinion maker," economics prize committee member Tore Ellingsen said. He added that Krugman's analyses tend to back free trade and his research gives no "support for protectionism."
(Excerpt) Read more at news.yahoo.com ...
Proving once for all (as if there had been any doubt) that winners of the Nobel Economics Prize are smoking weed with Willie on a continuing basis.
Did Stalin or Hitler ever get a Nobel Prize, or am I thinking merely of Time Magazine’s “Man of the Year” award?
I never even realized that the Economic world even took him seriously. Just goes to show how far Bush hatred gets you.
The economics community has barely heard of this guy. He’s a lefty journalist!
He hates Bush.
That is enough.
I guess if the sport's journalist hated Bush enough, he'd deserve it.
They missed giving the prize to Karl Marx, so they’re making it up with Krugman.
Al Gore received one last year too, which pretty much tells you that the Nobel bar has been lowered to Lilliputian levels. Political correctness long ago replaced scholarship and innovation as the intellectual gold standard.
Every year it must get more difficult for them to top the previous year for shocking and outrageous stupidity.
Whatever tiny sliver of credibility and prestige the Nobel Prize still had left
has just been utterly and completely destroyed forever. Paul Krugman, a
demonstrably dishonest bug-eyed fool, won the Economics prize.
What a bunch of dumbasses. The elites have a bunch of sweet tasting but bad for you cottoncandy swirling around in their brains, and they call it deep thinking.
I heard this news item on the radio just a few minutes before seeing this post. I have to say that I laughed out loud. It vividly displays the intellectual void that is the Nobel committee these days.
Clearly the dementia suffered by the Nobel Peace Prize committee members has spread to other areas of the organization.
Hate to rain on the mirth, but Paul Krugman as an economist is an excellent economist. The problem is that he sold his soul to be a journalist for the NY Times. As a editorialist, he is a hack. As an economist, however, he is first rate.
Nonsense. His most idiotic screeds are related to how the birth of George W. Bush has resulted in a massive depression. If there is a bit of economic sense left in that carcass, the fanatical, Bush hating, emotion driven part keeps it well under wraps. Check out his take on the current troubles. All Bush and lack or regulation. Moronic ranting of a seventh grader, not a first rate economist.
No, pay attention to his actual economic work, not his columns. As an economist he is first rate. His work on international trade, for which he won the award, is very influentially in the field of international economics.
His political columns are not the same level, but that is irrelevant.
The “Nobleft Prize”.
You are going on his newspaper columns, which are idiotic enough. The Nobel Prize Committee evaluates what he has published in peer reviewed journals, which is very different. If you want to accuse Krugman of being schizophrenic, fine. Paul Krugman the populist columnist may be a nut case. Paul Krugman the professional economist is first rate, however.
What a joke!!
The Nobel in Economics joins the peace and literature prizes as the most corrupt and politicized awards!!!
What a shame! - Where does one get recognition for pure excellence nowdays?
The Nobel Prize makes a good door stop......
Nobel Prizes are awards made by the left fot the left....They are totally irrelevant!
Poor Alfred is clawing at the inside of his coffin.
Interestingly, it's nothing but a bunch of blank web pages.
So in which venue does he abandon his principles? His NYT columns are not worthy of such high regard in the academic community. He has to be shoveling it with both hands somewhere. Or is it that he is dumbing down to sell newspapers, trying to anyway.
These global lefties have lost their friggin minds.
This is like the part of the Bible that says the truth has fallen in the public square, everything is corrupt.
It’s no wonder out world is melting down.
Paul Krugman Wins Nobel Prize in Economics
Posted on 10/13/2008 4:38:28 AM PDT by Kozman
His great crime-—and it is a great one-—is damaging the integrity of the scientist with hateful political opinionizing. Traditionally, scientific opinion was respected because of limits on the opinionating of the scientist and the scientist’s wisdom not to venture into realms outside his professional area of study to editorialize and divorce himself from objectivity. Krugman wallows in public opinions that are not grounded in sound economic theory or evidence. It is emotion—not the currency of a good scientist. All scientist’s motives are made less respected when such an individual is held up as the greatest of scientists. His scientific legacy will be colored by such activities.
Everybody being familiar with his academic works and career can’t question this decision. We need such longsighted economic analysts on our side!!!
He is not rewarded for his contribution to the slimes but his scientific work on economics! Please keep that in mind!
Krugman - Economics
Chomsky - Linguistics
Both are out of their minds when it comes to politics.
But yet none of that was why he was awarded the Nobel. Back to the issue at hand, his work on international trade. That work is well done and deserving of the award.
One thing I have to say is leftists stick together. They only hire other leftists, they give only other leftists money, and only award prizes to other leftists.
Conservatives should take a lesson from them. Just look at how they only hire leftists in academia. I recommend watching all 10 parts and then buying the DVD.
Yeah, he is a terrible wannabe jorunalist and a lefty political hack ...
HOWEVER, before his time on the editorial pages of the NYT he held a well earned, well deserved reputation as a quite brilliant economist, his serious, academic economic writing and quantatitive analysis on international exchange rate mechanism and emerging market economic growth pattern are first rate.
People have been expecting he will one day win the Nobel for economics since his days as a member of President Reagan's Council of Economic Advisers (yup, really) and as a professor at MIT in the 80's.
I don't read the economic academic literature but does Krugman actually publish anything other then political rants? Does he have an academic publishing record?
Am I to believe his contributions to the field are on par with James Buchanon, Hayek, Nash to name a few?
A there been any other political commentators to get the prize in it's history?
More like crack cocaine.
No. This is like Al Gore getting the Nobel prize. Its all political now. They just keep hyping and lauding each other. Every professor of economics publishes papers. That's how you get the be a life-tenured Lefty. His stuff is middling at best.
The Nobel Prize has become a Marxist circle jerk.
“His work on international trade, for which he won the award, is very influentially in the field of international economics.”
Obviously, nobody has read his stuff because the international markets haven’t been doing too well lately.
I think Gore got the Peace prize which is actually handed out by a Norwegian committee. It ha always been “political”.
We’ve known for eons this thing is a joke. So, let’s not worry about it.
We need to start one for conservatives!
But not as poetic.
I've read most of his assorted treatises, including the one the Nobel committee alleges is 'prizeworthy'. They are uniformly quasi-Marxist, and Krugboy is virtually the ultimate 'economist' advocate of state intervention in EVERY area of a nation's economy.
Who ya kiddin', Andy? Certainly not me, m'friend.
Looks like Nobel Prizes come in Cracker Jack boxes now.
Norway hands out the laughable ‘’Peace’’ prize. The other Nobels are all — if I’m not mistaken — handed out by the Swedish committee.
Since the explanation all has to do with the phenomenon of the effect of increasing returns to scale on trade, I am not sure what you think is Marxist about it.
“Gore, Krugman, Arafat...”
don’t forget Jimmy Carter