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Wednesday, October 14, 2020

NOBEL PRIZE ECONOMICS AUCTIONS KRUGMAN

 I have avoided, so far, even looking at what he might have said about this.

I did not want to lose my cookies!

I don't see that Krugman has said much.

The interesting thing, to me, is that these guys apparently have virtually no actual experience of auctions of any kind whatsoever in the real world. See comments in this Jewish article:

https://www.ynetnews.com/article/ry2HtA11wP

Speaking to reporters in Stockholm by phone after learning of his win, Wilson struggled to think of an auction he himself had participated in. But then added: “My wife points out to me that we bought ski boots on eBay. I guess that was an auction.”

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