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A friend notes the following gem in Gregory Mankiw’s blog:


From the Associated Press (with some light editing):

Pfuffnick’s Nobel Economics Prize triumph hailed by many

LONDON — The surprise choice of first-year grad student Quintus Pfuffnick for the Nobel Prize in Economics drew praise from much of the world Friday even as many pointed out the youthful economist has not yet published anything in scholarly journals.

The new PhD candidate was hailed for his willingness to tackle difficult problems, his commitment to improving the economic system, and his goal of bringing efficiency and equality into harmony.

Professor Paul Krugman of Princeton, who won the prize in 2008, said Pfuffnick’s award shows great things are expected from him in the coming years.

“In a way, it’s an award coming near the beginning of the first year in grad school of a relatively young economist that anticipates an even greater contribution towards making our economy a better place for all,” he said. “It is an award that speaks to the promise of Mr Pfuffnick’s message of hope.”

He said the prize is a “wonderful recognition of Pfuffnick’s essay in his grad school application.”

I don’t see why folks are upset about Obama getting the Peace Prize. That means there’s hope for the rest of us. I hereby promise to reconcile waves, particles, electromagnetic and gravitational forces, as well as General Relativity and Quantum Theory. There. I’ve said it. Can I have my Nobel Prize for Physics now, please?

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