Paul Krugman Awarded Nobel Prize For Economics

Posted by kdawson on Tuesday October 14, 2008 @09:35AM from the too-smart-fr-government dept.

zogger writes in his journal, "The guy who put together the concept of geographical location combined with cheap transportation leading to 'like trades with like' and the rise of superindustrial trading blocs has won the Nobel economics science prize. He's a bigtime critic of a lot of this administration's policies, and is unabashedly an FDR-economy styled fella. Here is his blog at the NYTimes." Reader yoyoq adds that Krugman's career choice was inspired by reading Asimov's Foundation series at a young age.

1 of 425 comments (clear)

Min score:

Reason:

Sort:

Re:Deserved by SirLanse · 2008-10-14 10:12 · Score: 0, Offtopic

He needs to read the forgotten man
http://www.amazon.com/Forgotten-Man-History-Great-Depression/dp/0066211700/ref=tag_tdp_sv_edpp_pop_t
It details how FDR made a minor recession into the Great Depression.
Socialism has FAILED everywhere it has been tried.
Capitalism is not perfect, but then again humans are not perfect.
Stop giving MY MONEY to other people!
Taking less money is not the same as giving money.
Tax breaks are not welfare.