Princeton Economist Wins Nobel Prize

[zanariot]

Krugman is the biggest joke ever. The Bush administration did EVERYTHING he said we should've done.

[wabwab2754]

Chinese cannot get Nobel prize. The reason is that China doesn't invest in the Nobel fund.

For instance, Japan invests about 1.5 billion yen in the Nobel fund every year.

[tjenk712]

ANOTHER MUSLIM MAKING A DIFFERENCE IN A LOST WORLD OF FAKE RELIGIONS AND FALSE GODS...CONVERT TO ALLAH NOW OR PAY!

[adsfasdkjfh]

@tjenk712 wait what?

[NotAllGoyAreStupid]

the Nobel prize was unmasked as corrupt decades ago after the notorious jew Armand Hammer bribed his way to the finals for the peace prize. The unprincipled jews constantly bribe prize judges to give them awards. Back in the 1980s the wealthy jewish husband of bad actress Pia Zadora bribed all of the judges to give her an award which later caused the show to be removed from television after the scandal broke. The Nobel long ago lost all credibility and now is even considered to be racist.

[Jackalofdeath]

@NotAllGoyAreStupid your name gives you away, spouting jews every 5 seconds negates anything you have to say, if you have a message to say, get it across , if you are trying to spout racism, take that shit somewhere else.

[NotAllGoyAreStupid]

judaism is racism. zionism is racism as the United Nations ruled in 1975. Grow a brain and discover the real racists.

[njemnu112]

@NotAllGoyAreStupid

go take risperdal

[honnenut]

A great man with great ideas. Thank you Mr Krugman for your genius.

[TheBrotherMouzone]

Goes to show what an inflated sham the Nobel Prize really is, when charlatans like Krugman receive it.

[xpxzampop]

wait this was an AP video? What's with the sucky editing?

[1peoplesun]

A prize for what ???????????

[8080256256]

The New trade theory.

[axe863]

Is it a dynamical system?

[8080256256]

What do you mean?

[axe863]

an equation that depends on the initial condition(differential equation) and is very sensitivity to small changes at a small change in time from the initial condition

[8080256256]

I haven't studied it so thoroughly, but I think it's more of a qualitative, rather then quantitative, concept.

It strives to explain why is majority of international trade taking place in similar products between countries with very similar economic conditions (when Ricardos classical theory says otherwise).

[joshgura]

wow, it IS possible to say nothing, while talking, for at least a minute and a half! this guy is frugal, I give him that.

[FerchoCamilo]

did u know in Norway we pay to see TV? it is a license called NRK License 2000kr.(300dollars) BUT!!! this is the 10th time Norwegian TV repeats TV comedy Friends re-runs and tons others, and we still have to pay for re-run shows of old USA shows and a license to watch TV that old, well, it should not exist anymore. Give us new creative TV.

[earthypig]

quezcatol: most intelligent people dislike bush -- so what's your point? give nobel prizes only to bush supporting morons...?!? :-\

[quezcatol]

Doesnt matter if you dislike him or not, you need to choose great candidates, and not based on their political views.

[quezcatol]

As a Swede its very disturbing how these prizes goes out to openly liberal people.

Al Gore didnt teach me or the rest of the world about global warming,I knew it years ago,its just a way to put the light on someone who dislike Bush again.

Very sad.

[Cockknocker99]

I agree. Very good point. You Swedes shouldn't allow liberals to win it.hahaha

[quezcatol]

thats not the point, the point is in our history books in later years will make it look like "Al Gore" informed us, which is BS.

And they choose people based on their political agenda.

[BLESSEDone333]

They gave THIS GUY a nobel prize? That's like giving Michael Jackson a key to the local orphanage. This guy has NO IDEA of WHO OR WHAT the powers behind all this are. He thinks it's BUSH?

hahahahahaha

He needs a good lesson about the truth of the Illuminati and the powers behind them

[clarkcolt45]

The american goverment doesn't know either the truth about the world. Don't pretend that you're special, cuz we are ALL IN THE SAME BOAT - both the swedish people and the americans need to unite against illuminati. The swedish people didn't give the prize - THEY DID. So, please show some respect.

[LU29UN99]

big deal. can he solve economic crisis?

[JoeyFudd]

The Nobel Prize committee has lost all credibility!! haha! First Jimmy Carter, Al Gore, now Krugman. Who's next Michael Moore! Krugman is a liberal Democrat shill journalist. Fuck him and the Marxist horse he rode in on! Bush is only guilty of giving in to Democrat policies like those of Dodd and Barney Frank on Fannie Mae. He's not the architect, he's the one who went along to get along. So Krugman blames Bush and lets Frank off the hook? Proof he didn't deserve to win.

[Zeldovich]

Don't forget that Kissinger, Rabin, and Arafat also won Nobels. It's just a popularity contest. The only thing that makes it meaningful is the money.

[etsneroj]

I think you are confusing the political nature of the peace prize with the other nobel prizes. I've studied with two Noble prize winning economists and they were libertarians. Few serious economists are partisan at all. They are scientists.

[retardchild]

Marxist? Seriously get your facts straight.

[Waranle]

MIT is the only university that received most nobel prize. So all those folkz in MIT are all liberal right? they earned nobel prize becouse they happen to be "liberal" right?

What kinda of crap is that? You want sweden to give nobel prize to bush lol? Bunch of uneducated conservative racist shitheads

[BLESSEDone333]

YES waranle - all foolish people who go to University and listen become brainwashed if they don't have the truth of God in their hearts. ALL WHO ARE STUPID AND FOLLOW LIES ARE LIBERALS.

Better wake up... the world is about to change and if you don't know God in your heart you will be just like the foolish libs making crap up to suit your lusts

[3rdWorldInvasion]

This is a charade! Liberals never fail to disgust me. Sweden is going down the deep end.

[JoeyFudd]

The premise of your question is flawed. I don't have a private definition, as you imply with "your definition," and I'm not here to be your vocabulary coach, especially for an everyday word. Do you not know how to use a dictionary? If you don't know from everyday usage, it will help you, I think.

[budweizer306]

Hi

With regards to personal definitions of words, that would defeat the purpose of language wouldn't it?

I am simply intrigued by the use of the term "liberal" as a derogatory term.

The success of the USA is to a large extent based on liberal values, especially on liberty of the individual and a limitation of power of the state over the individual. Surely those are good things?

Now that you have joined the conversation:

What then, is the definition of a liberal, as you know it?

[JoeyFudd]

Fair enough. The word "liberal" has become pejorative because of objection to liberal policies, reforms promised to be progressive, such as gun control and welfare, which have unintended consequences that show tampering with established laws and traditions is dangerous when done by tiny-minded egomaniacs like Nancy Pelosi, a good example of a self-satisfied vacuous liberal. Look at F.A. Hayek's The Road to Serfdom to learn about liberalism. Look at Reagan, by contrast, a conservative.

[ItstheJihadStupid]

This is an obvious and shameless political endorsement from liberals to fellow liberals. Liberals and their institutions are out of the closet, the Nobel Prize is 100% leftist politics. The Nobel Prize has lost credibility in my eyes.

Fuck you Krugman, and fuck you liberals!

[USAJuly4th1776]

The Nobel Prize is yet another liberal-socialist institution pushing for the leftist ideology. Krugman is a huge asshole, the Nobel Prize keeps being diminished year after year.

[PatriotMcCain]

Fuck Krugman, this douche bag is an anti-American commie.

[PatriotMcCain]

Oh and the Nobel Prize has been exposed as a far-left activist organization for a while now... Yassir Arafat getting the Nobel Peace Prize!? Why not Osama bin Laden while you're at it you Swedish cunts!? Then this other "beaut" Al Gore getting a Nobel Prize for one of the biggest frauds ever called Global Warming, a new Y2K but without an expiration date and renewed excuses for the government to tell you what to do in every single aspect of your life, what you eat, drive, travel, live, buy...

[amet1980]

Keynesian economists and neo Marxist economist

convene in this part of history.

certainly neo-marxist are not communist, nor keynesians are, but as time unveils its secret the role of a scientific driven state and central planing will increase.

of course that all depends what one defines state.

[wongkar]

The only way keynesian economics and neo-marxist "convene" is in a very supperficial manner. In essence, they are diametrically opposed,. Keynesian economics propose the state as an agent of very limited regulation and stimulation of a private activity, but unlike marxism the state is not the central core of the economy, it only plays a supporting role. The only point in common is the one many economic theories, not only these two have: that the state must play SOME role.

[amet1980]

not really.you just use semantics.

it make no difference in what model of government you apply keynesianism; they don't refer to ownership, but market dynamics.

its all depends what you assume state is.

you presumably refer to government, where as it can exceed that narrow definition.

in fact state in a more general concept of it, refines every activity either is private, social or economical one with thousands regulations: by no means there is a limited effect of government in production.

[wongkar]

The whole body of Keynes' theories are written with the underlaying assumption that the government is not a body that should own the complete means of production, but instead that it should be an agent of intervention in the market place, not only by stimulation but also limited ownership and regulatory measures. Those two are very distinct notions not "semantics". Please rephrase whatever else you tried to write, the rest of the paragraph is incomprehensible.

[josejloayza]

QUE APRENDIMOS DE ESTA CRISIS:

Que la economía del mundo se rige no por el trabajo honesto sino por la cantidad de dólares fabricados abruptamente sin sustento alguno.

Que habemos demasiados seres humanos y tenemos que establecernos controles de natalidad urgentes.

Que otra CRISIS puede volver a ocurrir ya que no se creó ningún mecanismo de control hacia los BANCOS.

Que el interés por prestamos hipotecarios debe ser de tipo FIJO y nunca variable.

Que el FMI está equivocado.

[neotoy]

The Nobel prize is becoming just like the Oscars..

[OfficialConspirator]

Notice the Woodrow "make the world safe for democracy though millitary intervention" Wilson banner behind him?

THE SAME POLICY OF GEORGE "FLAMING LIBERAL" W. BUSH.

Humanity is doomed.

[sniper6081]

Wow a former Enron financial advisor won the prize. Fuck balls.