I’m not a fan of Economics. Economists, as a rule, have too much of a tendency to adopt ideas from other fields and then claim them as innovations without acknowledging the borrowing (see James Surowiecki’s work for one of the most egregious examples). Yes, this is sour grapes, as much of the borrowing in recent years has come from Sociology, and I am a sociologist.

But in spite of my bias against economists, I am happy to see that Paul Krugman won the Nobel price for economics. Krugman is so often right that it’s hard to not be a fan.