Quote:
Krugman Wins Nobel Prize for Economics
Pretty good for a "hack" huh ?
Care to guess who he endorses ?
Krugman nails McCain -- Again
"So McCain, who now poses as the scourge of Wall Street, was praising financial deregulation like 10 seconds ago — and promising that if we marketize health care, it will perform as well as the financial industry! "
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Actually, neither Krugman's views nor his new Nobel surprise me much. Krugman makes the common mistake of confusing the conditions that created subprime mortgages with the free market; and outside of the "hard" sciences of chemistry, physics, and mathematics, the Nobel laureate choices have been notably erratic - some enduring, others best forgotten. (We could say the same of Pulitzers, but that's another story...)
Time will tell.
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