It was announced today that Paul Krugman, the leftist columnist for the New York Times, has won the Nobel Prize for economics. This is almost as much a howler as Gore winning the Peace price last year. Donald Luskin at National Review has a good suggestion:
Whatever the [Nobel] committee was thinking, the only remaining question is what the living Paul Krugman will do with his $1.4 million prize. Will he pay taxes on it at the low rates established in 2003 by George W. Bush, a president and a policy that Krugman has worked so assiduously to discredit? Or will he voluntarily pay at the higher rates he advocates?
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