[OPE] Paul Krugman wins Nobel

From: Gerald Levy <jerry_levy@verizon.net>
Date: Mon Oct 13 2008 - 08:53:40 EDT

Even by Nobel standards, the rationale for awarding the Prize
to Krugman is particularly weak: there is a heterodox literature
on economies of scale and international trade and economic
geography that goes at least as far back as the early 1980s.
That literature wasn't a rationalization for "free trade", though -
and _that_ was specifically cited by the Academy in its statement
awarding the Prize to Krugman. Perhaps it' a sign of the times that
this year's awared was given to someone with the "Conscience
of a Liberal" (ewe; yuck).


In solidarity, Jerry

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Received on Mon Oct 13 08:58:50 2008

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