Help yourself to a Nobel Prize:
Nobel Prize-winning economist Paul Krugman said the government could borrow up to $5 trillion -- if needed -- to speed up a recovery from the recession.
Really, it looks like they hand these fucking things out to the mentally challenged for fun or something. Since they gave one to a convicted terrorist and racist dictator, they've really gone fucking downhill, haven't they? I mean, even Al Gore has one.
Daft as a fucking brush Swedish cunts.
5 comments:
They also gave one to the IPCC "for their efforts to build up and disseminate greater knowledge about man-made climate change, and to lay the foundations for the measures that are needed to counteract such change"
... what shite may I add
The "Nobel Prize for Economics" is decided by the Swedish Central Bank.
I think it's more than a subtle coincidence that an inflating central bank just gave its major prize to an idiot who says we really need central banks, to inflate our way to prosperity.
There are lots of other problems with this particular "Nobel Prize", which doesn't even really qualify as a "proper" Nobel prize.
Try here:
=> http://en.wikipedia.org/wiki/The_Sveriges_Riksbank_Prize_in_Economic_Sciences_in_Memory_of_Alfred_Nobel
Though hopefully, in awarding their prize to the idiot Paul Krugman, this year, the Swedish Central Bank will finally undermine all credibility in this gong for being a government court economist.
I have read Krugman's column and it doesn't seem exceptional to me - just bog standard Keynesianism. I have rarely read anything in it that wasn't said first by my O level economics tutor when i was at sixth form back in the very early 1980's. He was a nice enough chap aswell but he hasn't, as far as I know, been awarded a Nobel.
I guess my point is that I just don't understand why Krugman got this award if merit had anything to so with it. Hayek got his (in 1974) for the Austrian Business Cycle theory that he helped develop back in the 1920's/30's. Now that was an exceptional piece of work built on top of Austrian Capital Theory and Mises theories regarding the business cycle. Krugman's efforts just don't compare really. At least not in my opinion.
http://margaretmoranisacunt.blogspot.com/ Nothing to do with the story, just had to post it.
Post a Comment