Nobel Prize day

Whoops!  Usually today I'm supposed to stay home and cover the winner of the economics Nobel Prize.  But I'm on a plane home from Paris as the prize is announced and I am not landing for many hours.

Alex may well provide coverage of his own, but in the meantime please leave your discussion and analysis here in the comments.

I remember last year when one reporter at a prominent newspaper said to me: "If it's Lars Hansen you *are* going to explain to us what he did in plain English, right?"  Well…if Lars is going to win it, here's hoping that this is the year.