October 13, 2008 10:24AM

Congratulations Paul Krugman

Today, the Royal Swedish Academy of Sciences awarded Princeton University economist and New York Times columnist Paul Krugman the Nobel Memorial Prize in Economic Sciences “for his analysis of trade patterns and location of economic activity.” 

I recently debated Krugman on whether it’s a good idea for government to guarantee universal health insurance coverage. But today I have nothing but congratulations for him.