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Re:Paul Krugman wins economics Nobel prize by chaostheory on Monday October 13, 2008 @11:12AM (#331068)
1) He didn't win a Nobel prize; it's actually the Sveriges Riksbank Prize http://en.wikipedia.org/wiki/Nobel_Prize_in_Economics#Relati...

2) As someone who advocated the flawed (and now admittedly failed) bailout scam, I'd have to question this

Re:Paul Krugman wins economics Nobel prize by marvin on Monday October 13, 2008 @11:18AM (#331079)
We don't know whether the bailout plan has failed yet. Calling it a scam is certainly premature.
Re:Paul Krugman wins economics Nobel prize by chaostheory on Monday October 13, 2008 @11:25AM (#331089)
Not really. I call it a scam because it's not limited to just 700 billion. It's an unlimited raid on the treasury, and even the modified plan still doesn't have enough transparency. It gives the executive branch even more power.

To me this is just politics, since the prize was awarded by one of the central banks to someone strongly advocating their policies...

Re:Paul Krugman wins economics Nobel prize by mynameishere on Monday October 13, 2008 @11:47AM (#331133)
If it works, it's still a scam.
Re:Paul Krugman wins economics Nobel prize by jshen on Monday October 13, 2008 @02:12PM (#331302)
i have no idea what you're talking about. He's been highly critical of the plan from the outset. I've seen post after post criticizing it and only one or two which basically said, "this isn't perfect, but we need to act now, and this can get through the senate so it's the best we've got".
Re:Paul Krugman wins economics Nobel prize by smhinsey on Monday October 13, 2008 @01:52PM (#331281)
To be fair, his support of the bailout was basically along the lines of "this isn't great, but we have to do something."
Re:Paul Krugman wins economics Nobel prize by josefresco on Monday October 13, 2008 @12:09PM (#331158)
I get my financial advice from "midnight code monkeys".
Re:Paul Krugman wins economics Nobel prize by zandorg on Monday October 13, 2008 @11:25AM (#331090)
Also, there is no Maths Nobel. The closest thing is Economics, which is what John Nash won.
Re:Paul Krugman wins economics Nobel prize by echair on Monday October 13, 2008 @11:29AM (#331097)
The closest thing is the Fields medal.
Re:Paul Krugman wins economics Nobel prize by zandorg on Monday October 13, 2008 @12:41PM (#331188)
I meant the closest Nobel to a Maths Nobel is Economics. I didn't mean another award entirely.
Re:Paul Krugman wins economics Nobel prize by nostrademons on Monday October 13, 2008 @12:18PM (#331165)
Fields is structured differently than the Nobel prizes though - only once every 4 years, and only to mathematicians [edit: not] over 40.
Re:Paul Krugman wins economics Nobel prize by shankys on Monday October 13, 2008 @12:28PM (#331177)
I think you meant "not over 40".