"Alfred Nobel is rolling over in his grave with his eponymous award being given to such a charlatan as Krugman."
No he's not. Nobel never created a prize for economics. The prize was created in, I believe, the late 40s early 50s by a bank in order to convey the image that economics is a science on the level of physics.
No he's not. Nobel never created a prize for economics. The prize was created in, I believe, the late 40s early 50s by a bank in order to convey the image that economics is a science on the level of physics.