Paul Krugman Wins Nobel Prize for Economics


Times columnist and Princeton professor Paul Krugman was awarded the Nobel Prize in economics today, for his work on international trade and economic geography. “It’s been an extremely weird day, but weird in a positive way,” he said this morning. We’re not sure what he means by “weird.” Maybe that the prize for helping the world comes with $1.4 million? Or, more likely, he just meant, “I’m an effing Nobel Prize–winning genius, and my column appears on the same page as William Kristol’s.” It is weird, when you think about it. [Economix/NYT]