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Paul Krugman Wins Nobel Prize In Economics

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Mon Oct 13, 2008 at 04:44:03 AM PDT

And the NY Times must be kvelling. The just-announced story:

The American economist Paul Krugman won the 2008 Nobel prize for economics for bringing together analysis of trade patterns and where economic activity takes place, the prize committee said on Monday.

You can read more Krugman here.

Al Gore? Paul Krugman? Perhaps our long national nightmare really is coming to an end.

Update [2008-10-13 7:53:11 by DemFromCT]:

Daily Kos book review of The Conscience of a Liberal.

Krugman's political realization in recent years that liberal policies need a progressive movement, and his embrace of organized labor and the netroots as pillars of a progressive movement are a good part of his politicla phlosophy.

What makes progressive institutions in to a movement isn't money; It's self-perception.  Many Americans with more or less liberal beliefs now consider themselves members of a common movement, with the shared goals of limiting inequality and defending democratic principles.  The movement reserves it's greatest scorn for Democrats who won't make a stand against the right, who give in on Social Security privatization or escalation in Iraq.

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