Economist (and favorite economy geek of this blog) Paul Krugman has won the Nobel Prize in Economics. Although Krugman is well know for his Times column, and beloved at least by me for his Bush-critical perspective, his Nobel Prize was awarded for his academic work.
It is, however, notable that the Nobel committee recognized Krugman's status as an "opinion maker" in awarding the prize. By the way, the Nobel is now worth about $1.4 mil. Couldn't've happenned to a better economist.
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