3 ms·
Here is a summary of Krugman's work leading to the Nobel Prize with all the references for you to follow up on. If you don't have journal access, email me with
by rms 17y ago
Here is a summary of Krugman's work leading to the Nobel Prize with all the references for you to follow up on. If you don't have journal access, email me with a link to the paywall site and I can send you the articles you want.
http://www.economics.ox.ac.uk/Research/wp/pdf/paper423.pdf http://www.economics.ox.ac.uk/Research/wp/pdf/paper423.pdf
Basically, you have to separate his work as an economist from his politics or make a general distinction between quantitative and literary economics. Quantitative economics involves functions and calculus. Literary economics involves English words. I respect Krugman's intuitions even if his predictions are often wrong. It's hard to predict the future, even for a noted economist.
- anamax 17y ago> Basically, you have to separate his work as an economist from his politics or make a general distinction between quantitative and literary economics. And we think that the Nobel folks made that separation and didn't do it to "kick Bush in the leg" (to quote a committee member's comment in a previous year about a given award).... > I respect Krugman's intuitions even if his predictions are often wrong. It's hard to predict the future, even for a noted economist. The point of science is to predict the future....