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Politics : Formerly About Advanced Micro Devices
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dave rose
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To: puborectalis who wrote (795326)7/16/2014 5:57:10 PM
From: Joe Btfsplk3 Recommendations   of 1577937
 
Nobel 2008 was awarded to Paul Krugman "for his analysis of trade patterns and location of economic activity"
That boob made some legitimate observations about changes in trade patterns that had occurred since Ricardo. As near as I know he didn't explain why. His work there was probably worth light applause. Most of his blabber since has been worse than worthless.

As to Nobel prizes, the nominating committee is largely made up of people who confuse their hopes and intuitions with subjective reality.
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