Marxist Liberal Paul Krugman wins Nobel Memorial Prize

Oh Lovely.  

First they enable Al “I must save the planet!” Gore. Now they enable Mr. “9/11 was our own fault” Paul Krugman. Seems those Nobel people will give those awards to just anyone anymore.

Via the NYT’s Economix:

Paul Krugman, a professor at Princeton University and an Op-Ed columnist for The New York Times, was awarded the Nobel Memorial Prize in Economic Science on Monday.

“It’s been an extremely weird day, but weird in a positive way,” Mr. Krugman said in an interview on his way to a meeting for the Group of Thirty, an international body from the public and private sectors that discusses international economics.

Mr. Krugman received the award for his work on international trade and economic geography. In particular, the prize committee lauded his work for “having shown the effects of economies of scale on trade patterns and on the location of economic activity.” He has developed models that explain observed patterns of trade between countries, as well as what goods are produced where and why. Traditional trade theory assumes that countries are different and will exchange different kinds of goods with each other; Mr. Krugman’s theories have explained why worldwide trade is dominated by a few countries that are similar to each other, and why some countries might import the same kinds of goods that it exports.

Yeah, so, he’s a good economist. Big deal. I’m sure there are some good Conservative Economists out there. But you do not see Nobel lining up and give them awards, do you? No.

As far as I am concerned the Nobel people are just enabling the Marxist Liberal doctrines being taught by the man in his column every week. 

Others Althouse and Pajamas Media and more via Memeorandum

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