Krugman wins Nobel

NY Times columnist Paul Krugman won the Nobel economic prize today.

In his honor, here is an excerpt from his column on September 14, 2001:

"Ghastly as it may seem to say this, the terror attack—like the original 'day of infamy' which brought an end to the Great Depression—could even do some economic good. [...] the driving force behind the economic slowdown has been a plunge in business investment. Now, all of a sudden, we need some new office buildings."