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Re:Paul Krugman wins economics Nobel prize by ajross on Monday October 13, 2008 @07:55PM (#331735)
Again, you seem to be conflating the Nobel peace prize (awarded in Norway by one committee on the basis of inherently political criteria that you may or may not find "myopic") with the Nobel prize in Economics* , a prize given by a completely separate committee in Sweden on the basis of technical criteria that have been more or less uniformly judged uncontroversial, objective and non-political. While I'm sure there has been the occasional argument about who deserves it more, I'm not aware of anyone anywhere who's made the argument that the economics prize is a "little myopic", nor do I know who might be spreading that "word" either.

Basically: you are making a baldly partisan, political argument where none is appropriate. If you admit to not knowing enough to decide for yourself, the proper judge is not "history", but the experts on the committee who do know this stuff quite well.

* Strictly, not true. The economics prize wasn't endowed by Alfred Nobel, but added more recently using funds from the original trust. Or something to that effect.

Re:Paul Krugman wins economics Nobel prize by DanielBMarkham on Monday October 13, 2008 @08:02PM (#331742)
How can a comment about a committee in Sweden be partisan? Are they running for some kind of office here? There's nothing partisan here. I'm not recommending a party, and heck, I like the Swedes.

Look -- I'm ignorant. I've admitted as much. Why not have a reasonable conversation about it instead of all the hand-waving and yelling?

As far as I'm concerned, I was making a blanket statement about Noble prizes in soft sciences and the humanities. It's a generalization. Probably wrong. Guess what? I still get to make it, and I still think it's funny. If you'd like to discuss it reasonably, I'm game.

I'm happy with waiting 20 or 30 years and seeing how Krugman's research does. Are you? Or do we have to settle this now for once and all?

Last I checked, economics is a field with a lot of opinions. How can you be so certain Krugman has such great ideas? Geesh. We're still debating Keynes and Smith, you have to admit there is some room for opinion here, right?

Re:Paul Krugman wins economics Nobel prize by talboito on Tuesday October 14, 2008 @02:23AM (#332006)
"I'm happy with waiting 20 or 30 years and seeing how Krugman's research does. Are you? Or do we have to settle this now for once and all?"

The awards committee cited papers Krugman'd written in 1979, 1981 and 1991 as the basis for their decision.

You can be certain Krugman had such great ideas because his work has been widely cited by other Economists and has been recognized through awards such as the Nobel.

That we're still debating Keynes and Smith only further indicates the far reaching impact of their work.

Re:Paul Krugman wins economics Nobel prize by DanielBMarkham on Tuesday October 14, 2008 @06:47AM (#332122)
Yes I am aware how that it is typical for the committee to cite works from decades ago.

That we're still debating Keynes and Smith indicate that economics is not like physics -- it has a long way to go. We certainly didn't debate Newton for a century: it was too obvious he was correct. There is lots of room for opinion. QED