Paul Krugman wins Nobel

Bush/GOPer critic Paul Krugman won the Nobel prize for economic sciences. The prize is usually awarded to two or more people. His award is considered a rare lone single nod in the field of economics. Paul Krugman is an economics professor at Princeton University as well as a columnist for the New York Times. His commentary is well known and places the entire blame for our economic meltdown squarely on the administration’s penchant for deregulation. Here’s a quote from the an economic prize committee member:

“What are the effects of free trade and globalization? What are the driving forces behind worldwide urbanization? Paul Krugman has formulated a new theory to answer these questions,” the academy said in its citation.

“He has thereby integrated the previously disparate research fields of international trade and economic geography,” it said.

Congratulations Dr Krugman.