STOCKHOLM (Reuters) - U.S. economist Paul Krugman, a well-known critic of the Bush administration for policies that he argues led to the current financial crisis, won the 2008 Nobel prize for economics on Monday.
The committee said the award was for Krugman's work that helps explain why some countries dominate international trade.
A prominent economist who writes columns for the New York Times, Krugman has long featured among the favorites to win a Nobel. He is a professor of economics and international affairs at Princeton University in the United States.
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While Krugman is a wealth of economic thought, and his win comes within a catagory of the Nobel that doesn't lend itself so much to "blatant partisanship", he is most certainly not a favorite of the Fox"News" crowd.
Here's an infamous exchange between Krugman and O'Reilly:
More info on that exchange here.
Many conservative commentators, reporters, and writers despise Krugman not for his economic knowledge, but for his stance against George W. Bush.
In this aspect, Krugman is often put on the defensive and doesn't come off as well as he would if they actually discussed topics of merit.
So, be on the lookout for O'Reilly, Hannity, and probably Neil Cavuto to be hammering away at Krugman and the Nobel committee for the next few days
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