I suddenly realized the remarkable extent to which the methodology of economics creates blind spots. We just don't see what we can't formalize. And the biggest blind spot of all has involved increasing returns.
That's Krugman from an essay on how he works. Here is a taste of his dark side. I also know many people who will agree that George W. Bush, apart from all his other failings, also managed to make the world a much more boring place via his effect on Krugman.
Reading The Accidental Theoristat a tender age was a revelation for me, and it started a chain reaction that changed my life in a way no other book has. Paul Krugman, thank you; and the most heartfelt congratulations!