No it doesn't. Those idlots giving out Nobel Prizes also gave Obama a Nobel prize for doing absolutely nothing. Krugman is a giant piece of human garbage, who has been wrong about everything. A Nobel prize isn't a shield against criticism for being stupid, and Krugman is a giant MOR-ON. The only guy dumber than him, other than you Robo Ignoramus, is Robert Reich. How dumb of you to invoke Reich, it speaks so poorly of your opinions.