I’ll let the economists handle the commentary on today’s Nobel prize in economics. A guy who deserves one, but still doesn’t have it, is Gordon Tullock, a free-market maverick. Three years ago, I wrote about him for NR:

Tullock’s fondness for controversy is backed up by a daring intellect that cuts across disciplines and has shaped free-market thinking for more than a generation. “Gordon is one of the most original-minded persons in the world,” says Milton Friedman, who took home the Nobel in 1976. “I always thought it was a mistake not to let him have a prize.”