Comments on: Krugman wins Economics Nobel http://larvatusprodeo.net/2008/10/14/krugman-wins-economics-nobel/ Life, Culture and Politics from BrisVegas Tue, 14 Feb 2012 05:08:26 +0000 hourly 1 http://wordpress.org/?v=3.3 By: derrida derider http://larvatusprodeo.net/2008/10/14/krugman-wins-economics-nobel/#comment-210963 derrida derider Wed, 15 Oct 2008 00:00:05 +0000 http://larvatusprodeo.net/2008/10/14/krugman-wins-economics-nobel/#comment-210963 The "Indian born economist" was Jagdish Bhagwati - someone who (along with Avinash Dixit) should probably have shared the Nobel with Krugman for their work on trade theory. I heard this anecdote some years ago from a student of Bhagwati's. The “Indian born economist” was Jagdish Bhagwati – someone who (along with Avinash Dixit) should probably have shared the Nobel with Krugman for their work on trade theory. I heard this anecdote some years ago from a student of Bhagwati’s.

]]> By: Richard Green http://larvatusprodeo.net/2008/10/14/krugman-wins-economics-nobel/#comment-210962 Richard Green Tue, 14 Oct 2008 06:59:28 +0000 http://larvatusprodeo.net/2008/10/14/krugman-wins-economics-nobel/#comment-210962 On that note, it may be interesting to many people that he, especially in Peddling Prosperity (which is good if you want one account of the relationship between the policy recommendations that come out of the academic sphere compared to the public/lobbying sphere), claims to be speaking for a majority of his profession. He seems particularly irritated that a certain set of policies came to be seen as the consensus of the disclipline (by both left and right), so I don't think he'd appreciate the notion that he's "rethinking" the logic. On that note, it may be interesting to many people that he, especially in Peddling Prosperity (which is good if you want one account of the relationship between the policy recommendations that come out of the academic sphere compared to the public/lobbying sphere), claims to be speaking for a majority of his profession.
He seems particularly irritated that a certain set of policies came to be seen as the consensus of the disclipline (by both left and right), so I don’t think he’d appreciate the notion that he’s “rethinking” the logic.

]]> By: john tons http://larvatusprodeo.net/2008/10/14/krugman-wins-economics-nobel/#comment-210961 john tons Tue, 14 Oct 2008 00:10:04 +0000 http://larvatusprodeo.net/2008/10/14/krugman-wins-economics-nobel/#comment-210961 At least it is encouraging that the nobel has gone to someone who is prepared to rethink the logic of an unfettered market economy. His collection of essays The Great Unravelling is well worth a read by anyone with an interest in the factors that precipitated the current economic crisis. (Stiglitz also has a good article on this a recent edition of Vanity Fair) At least it is encouraging that the nobel has gone to someone who is prepared to rethink the logic of an unfettered market economy. His collection of essays The Great Unravelling is well worth a read by anyone with an interest in the factors that precipitated the current economic crisis. (Stiglitz also has a good article on this a recent edition of Vanity Fair)

]]> By: Richard Green http://larvatusprodeo.net/2008/10/14/krugman-wins-economics-nobel/#comment-210960 Richard Green Mon, 13 Oct 2008 23:59:03 +0000 http://larvatusprodeo.net/2008/10/14/krugman-wins-economics-nobel/#comment-210960 For the location of economic activity? For New Economic Geography? Whilst I appreciated the need for reintegration of formalism into geography, I really think the way it was done by Krugman et al and the tone he took whilst doing so did far more harm than good. Still, I guess it's hard when you want to give an award for a career in the popular sphere using the words of research in the academic sphere. For the location of economic activity? For New Economic Geography?

Whilst I appreciated the need for reintegration of formalism into geography, I really think the way it was done by Krugman et al and the tone he took whilst doing so did far more harm than good.

Still, I guess it’s hard when you want to give an award for a career in the popular sphere using the words of research in the academic sphere.

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