Paul Krugman attacked professional macroeconomists (previously). John Cochrane, an economist at the University of Chicago, returns the favor, arguing that Krugman deeply misrepresents current economic ideas because he's abandoned economics as a "quest for understanding" in favor of trying to be the "Rush Limbaugh of the Left."
posted by shivohum on Sep 28, 2009 - 77 comments

Friedman under attack More than 100 faculty at the University of Chicago, where Milton Friedman won the 1976 Nobel Prize in economics, are trying to stop the university from putting Mr. Friedman's name on a $200-million (U.S.) research centre. The opponents argue that the Milton Friedman Institute would compromise the academic integrity of the university and serve as a monument to Mr. Friedman's world outlook, which they say has largely been discredited. [more inside]
posted by KokuRyu on Oct 21, 2008 - 31 comments

"...For his analysis of trade patterns and location of economic activity," the 2008 Nobel Prize in economics has been awarded to New York Times columnist Paul Krugman.
posted by XQUZYPHYR on Oct 13, 2008 - 94 comments

Where no economist had gone before . Paul Krugman posts a type-written paper on interstellar trade which he wrote as "an oppressed assistant professor" in the '70s. I do not propose to develop a theory which is universally valid, but it may at least have some galactic relevance. [pdf link]
posted by grobstein on Mar 11, 2008 - 25 comments