As an Economist, Krugman is highly respected. Its a shame that he is hyper-partisan, however, as it often seems to intrude even into his economic opinions.
Being ‘highly respected’ economist and being a socialist are contradictory by nature. Just further proof that these awards have nothing to do with their intended subjects and everything to do with politics.
I’m sorry but Krugman isn’t even highly respected in the Princeton Econ department, he also doesn’t get invited to NYU Stern and Columbia Dept of Econ anymore because he made a complete joke of himself repeatedly to the point where major alum were telling the schools to never waste their time again by inviting him to symposiums.
He hasn’t written a pure economics paper in over a decade... so what was he awarded for?