Imports make us rich: SF blogger wins Nobel
2008-Oct-13, Monday 18:24This is cool. Noted Science Fiction fan and blogger Paul Krugman has won the Nobel Memorial Prize for economics for studying:
the effects of free trade and globalization & the driving forces behind worldwide urbanizationor, in other words, making it fairly clear that imports make us rich, and exports are the boring shite we do to pay for them, something that's fairly well known to anyone that understands Ricardo. Shame that most journalists and politicians don't.