Tuesday, October 14, 2008

Nobel Prize for economics

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?

No comments: