Paul Krugman Wins Nobel

Two initial provisos:
1. I know the Nobel Prize for Economics isn't really a Nobel Prize.
2. I've never taken a class in economics.

That said, I think it's great news that Paul Krugman has won the Nobel Prize in economics today.

I never knew much about Krugman or his work, except for the fact that he writes for the Times and teaches at Princeton, until I got one of his books, The Great Unraveling, which recounts some of the economic failures of the Bush Administration, many of which were not, it must be noted, mistakes at all, but simply designed to benefit the wealthy supporters of whom Bush is a client.

I strongly recommend The Great Unraveling and The Conscience of a Liberal, as well as his regular Times column and blog.

The wingers don't really see it, but Paul Krugman actually has plenty of real academic credentials and is the author of one of the most commonly used basic economics textbooks. This award, recognizing not his polemical work but his technical economic work, should provide further support for the legitimacy of his work.