The Media Market

Yes, Edmund Phelps got this years Nobel Prize in Economics. For a macroeconomist, he is a pretty reasonable guy. And his research is probably the one part of macro that can be enjoyed by Milton Friedman's microeconomic followers. All-in-all - a very good choice, I guess. Although the Swedes still don't get it. The first, and only, question to the committee during the press conference, was when we will see a female laureate in Economics. Aaaaaah... it's great when science really doesn't worry people who weigh in on this subject. Political correctness is apparently the only political issue of the day in Sweden. Every day.

Well, Anne Krueger is certainly a hot candidate for the prize. Then again - she wouldn't be considered a female by the feminists anyways.