Congratulations, Paul!

If you read me regularly, you know I like Paul Krugman.

He's just won the Nobel Prize in Economics.

The Royal Swedish Academy of Sciences citation says, in part,:

"What are the effects of free trade and globalization? What are the driving forces behind worldwide urbanization? Paul Krugman has formulated a new theory to answer these questions. He has thereby integrated the previously disparate research fields of international trade and economic geography."

Here's a link to his latest column, on Britain's response to the crisis.