Nobel Prize For Centre-Left Economist Hailed

13 october 2008
Welcoming the Nobel economics prize for Paul Krugman, MP Denis MacShane said:
"Paul Krugman is the closest America has to a European social democratic thinker in the tradition of Roosevelt New Deal economics. It is closing time for the long run of the rich-should-get-richer and the poor should be poorer lines we first heard from Margaret Thatcher and which reach their apotheosis under George W. Bush."