Tuesday, October 14, 2008

Paul Krugman & Nobel Prize : Money For Free

"What goes around comes around".

And so the example set by wasteful governments of spending money foolishly over the years has trickled down into the private sector. Take the recent example of The Royal Swedish Academy of Sciences. They administer the Nobel Prize every year. This year the Nobel Prize for Economics and its $1.4 million cash prize was awarded to Paul Krugman of Princeton University and he is also a N.Y.T. columnist.

Mr.Krugman's acclaimed thesis dealt with the reasons why people like to choose from a diversity of products . And also what determines where a manufacturing plant should be built. Krugman wrote thousands of pages since this 1979 brainstorm was posited by him.

Pardon me Paul, but wouldn't this rhetorical question about a desire for choice be more to the point, " Why does the chicken cross the road ? ". And concerning the optimum location of manufacturing plants, you should just recall what Bonnie and Clyde said why they robbed [went to ] banks. " Because that's where the money is !".

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