Pundits are decrying the Nobel committee's selection for economics this year as just another jab at the current US administration. They are selling short on Mr Krugman and one would think by now, in light of the current economic meltdown, that short-sellers would be silenced. While Mr Krugman is unapologetically harsh when it comes to Bush, he should be recognised for his true talent: making economics comprehensible to noodniks like myself. His weekly op-ed column has been of immeasurable help during these tumultuous times, and I wouldn't understand half of what's gone down were it not for his concise, plain-spoken breakdowns of US capitalism.
Tuesday, October 14, 2008
Bravo Paul Krugman
Pundits are decrying the Nobel committee's selection for economics this year as just another jab at the current US administration. They are selling short on Mr Krugman and one would think by now, in light of the current economic meltdown, that short-sellers would be silenced. While Mr Krugman is unapologetically harsh when it comes to Bush, he should be recognised for his true talent: making economics comprehensible to noodniks like myself. His weekly op-ed column has been of immeasurable help during these tumultuous times, and I wouldn't understand half of what's gone down were it not for his concise, plain-spoken breakdowns of US capitalism.
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