Krugman’s Nobel; Krugman’s WPA
By Tom Teicholz at 15 October, 2008, 10:09 am
For some time now, I’ve been telling my friends how much I follow and respect Paul Krugman’s column in The New York Times. Although many complain that he is too left, I felt he was not political — he was just right – I mean correct.
Yesterday Krugman was awarded the Nobel Prize in Economics. Of course, he did not receive it for his columns but rather for work he did in the late 1970’s and 1980s on matters having to do with the flow of goods and trade between countries.
Today Krugman said he continued to be worred about the economy and insisted that more would be needed to stimulate the economy (as opposed to help staunch the blood on Wall St.). He suggested we might need a new version of the WPA — Where do I sign up?
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