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Liberal wins Nobel price in Economics


gbear

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I know there is a rush to say liberals aren't good with money. How many times has tax & spend been used to show how poorly we understand economics. Heck, economics was a bastion of conservatism at many colleges and Universities. Now we have a liberal winning a nobel prize in Econ. What is the world coming to?

Above writteen with tongue firmly in cheek.:cool:

Congratulations Paul Krugman. Please make the term "liberal" not a derogitory term. I've enjoyed your articles in the NYtimes for years.:)

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He's a pretty Clintonian liberal on the free trade bit. I always liked him for showing a social liberal need not be an idiot on how an economy works. I don't always agree with him, but his thought process is usually consistant and coherent. I'd take him and George Will for my econ guru fantasy team.

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I know there is a rush to say liberals aren't good with money. How many times has tax & spend been used to show how poorly we understand economics. Heck, economics was a bastion of conservatism at many colleges and Universities. Now we have a liberal winning a nobel prize in Econ. What is the world coming to?

Above writteen with tongue firmly in cheek.:cool:

Congratulations Paul Krugman. Please make the term "liberal" not a derogitory term. I've enjoyed your articles in the NYtimes for years.:)

I actually think neither political philosophy has monopolies on piety, competence, or corruption.

I think change is good for the country when one party get's too comfortable and out of touch...

Every now and then you have to swap out the crooks.

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Semantics lovers, by the way, will point out that technically, this is not a Nobel prize, as Nobel did not feel economics was a real science (insert your own joke here), and so did not include it as a category. It was only added much later by the Swedish central bank, which now runs the show.

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