Wandering Thoughts

October 15, 2008

Worthwhile Long Island Economist

Filed under: Ramblings and Musings — terence @ 7:12 pm

Did you feel the jolt yesterday? That would have been the implosion of a certain portion of the political spectrum on learning that Long Island born economist Paul Krugman had won the (not quite) Nobel Prize for economics.

These days much of Krugman’s fame stems from his critique of the Bush administration (waged mostly through the his New York Times column). The Nobel, of course, wasn’t awarded for this but rather his work on New Trade Theory and Economic Geography.

Me personally, as a non-economist, I’ve got the most enjoyment out of another aspect of Krugman’s career: his vox pop writings explaining economics to the everyman (and woman). Have a look round his unofficial archive for some or read the Age of Diminished Expectations.

I also got a whole heap of enjoyment from this bit of satire in the Huffington Post (hat tip: mister Krugman himself).


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