Like a lot of people, I was surprised by the choice of Paul Krugman for the Nobel Prize in economics, but upon further reflections I agree with Tyler Cowen and Will Wilkinson that the award is well-deserved even if the timing is unfortunate. Krugman’s now-decade-old column in defense of free trade is my all-time favorite Krugman writing and among my favorite examples of popular writing on economics by any author. Recently Krugman’s columns have gotten a little too partisan and strident for my taste, but contra my esteemed co-blogger, Krugman is indisputably a first-rate economist who has done important theoretical work. There’s just no comparison to generic left-wing pundits.
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