Paul Krugman*
July 1978
*Assistant Professor, Yale University. This research was supported by a grant from the Committee to Re-Elect William Proxmire.
*Assistant Professor, Yale University. This research was supported by a grant from the Committee to Re-Elect William Proxmire.
Willian Proxmire was a Senator from Wisconsin who was strongly opposed to government spending on basic research. He gave out "Golden Fleece" awards for studies that he thought were absurd. Unfortunately, it is very easy to make meaningful research sound ridiculous: bread mold as a cure for STDs? Pencil dust computers?
https://www.nytimes.com/column/paul-krugman
And winner of the 2008 Nobel Prize in economics.
(Somewhat embarrassed to admit this is how I learned of Paul Krugman)