Krugman’s ‘Nobel’ Prize

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Vulgar Keynesian Paul Krugman of the NY Times and Princeton has been awarded the ‘Nobel’ prize in economics, as Bill Anderson notes. Unlike all the real Nobel prizes, which were established and funded by Alfred Nobel, the economics prize was established and funded by the Swedish central bank. With the sole and shining exception of F.A Hayek, who was forced to share his prize with a Swedish communist, every other Nobel econ winner has been a shill for central banking. This year especially, the central bankers wanted a loyal propagandist for endless currency depreciation.

9:06 am on October 13, 2008