Well, of course! American Economists winning the Nobel Prize amid a crashing economy makes perfect sense.
…about as much sense as it made to give it to Al Gore for making up “theories” about climate change in 2007.
…about as much sense as it made to give the same award to Barack Obama for, er, uh, being Barack Obama in 2009.
Perhaps it has something to do with the odd years?
Correction: It’s not the Nobel Peace Prize, it the Nobel Prize in Economics.
Look a little closer; these guys have challenged Keynesian Economic Theory, the foundation of Obama’s policies.