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Comments on: 2008 Economics Nobel Prize: Paul Krugman http://www.tvhe.co.nz/2008/10/14/2008-economics-nobel-prize-paul-krugman/ The Visible Hand in Economics Wed, 15 Oct 2008 07:14:30 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Miguel Sanchez http://www.tvhe.co.nz/2008/10/14/2008-economics-nobel-prize-paul-krugman/#comment-2821 Wed, 15 Oct 2008 07:14:30 +0000 http://tvhe.wordpress.com/?p=1545#comment-2821 This sounds about right:
http://www.borowitzreport.com/article.aspx?ID=6950

]]> By: Matt Nolan http://www.tvhe.co.nz/2008/10/14/2008-economics-nobel-prize-paul-krugman/#comment-2820 Tue, 14 Oct 2008 19:09:30 +0000 http://tvhe.wordpress.com/?p=1545#comment-2820 “although he did win a Nobel, he was pontificating about something that wasn’t actually in his field ”

That is one of the things that gets to me with Stiglitz as well, the man is a genius – but he is commenting on a field he didn’t study in, and telling the public completely misleading things about how economists actually do economics. When I went to his talk in Wellington I nearly walked out I was so disappointed.

]]> By: Stephen http://www.tvhe.co.nz/2008/10/14/2008-economics-nobel-prize-paul-krugman/#comment-2819 Tue, 14 Oct 2008 09:03:13 +0000 http://tvhe.wordpress.com/?p=1545#comment-2819 I suspected, but had no idea Stiglitz was that er, ‘nutty’. My first clue was in a column my Don Brash that knocked down a fair bit of what Stiglitz said about something or other, which apparently wasn’t that hard because although he did win a Nobel, he was pontificating about something that wasn’t actually in his field . Hmm.

]]> By: Matt Nolan http://www.tvhe.co.nz/2008/10/14/2008-economics-nobel-prize-paul-krugman/#comment-2818 Mon, 13 Oct 2008 23:35:10 +0000 http://tvhe.wordpress.com/?p=1545#comment-2818 Hi Kimble,

I still find his rhetoric less irritating that Stiglitz – that guy drives me nutty with his constant misrepresentations of economic theory.

Also, I get less irritated when I separate the “economist” and the “policy maker” dimensions of these people. As economists they are both brilliant – however, moving to policy making involves making value judgments, something I don’t necessarily have to think they they are in the best position to make 🙂

]]> By: Kimble http://www.tvhe.co.nz/2008/10/14/2008-economics-nobel-prize-paul-krugman/#comment-2817 Mon, 13 Oct 2008 22:49:27 +0000 http://tvhe.wordpress.com/?p=1545#comment-2817 No surprise that this is how he is being introduced:
http://business.smh.com.au/business/bush-critic-krugman-wins-nobel-prize-20081014-501g.html

Implication:
Bush critic wins Nobel prize, proves Bush, the Republicans, and the Right in general to be wrong on everything

I think he does deserve the prize, but cringe that the partisan loon-baggery he engages in now just received a big boost in credibility.

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