[WayneS]

...Nobel-Prize-winning economist Paul Krugman pointed out that this anti-smog rule would actually create clean energy jobs: "It would have forced firms to spend on upgrading or replacing equipment, helping to boost demand. Yes, it would have cost money—but that's the point!"

The primary conclusion which can be drawn from this is: The Nobel committee on economics is peopled with idiots.

[DeFault User]

The primary conclusion which can be drawn from this is: The Nobel committee on economics is peopled with idiots.

Or it's actually the Nobel Comedy Award, rewarding Paul Krugman for such brilliant gems as "I know, we can borrow our way out of debt!"

[Tublecane]

“Yes, it would have cost money—but that’s the point!”

He’s right. Economics has always been about spending money to, um, for the sake of spending money. Wait, is that right?