Paul Krugman wins Economics Nobel

Paul Krugman wins Economics Nobel

Paul Krugman wins Economics Nobel

Professor of Economics at the Princeton University and New York Times columnist Paul Krugman won the Nobel Prize for Economics for his analysis of how Economies of Scale can affect trade patterns and the location of economic activity.

Krugman is the winner of 10 million kronor or US$1.4 million Award. The Royal Swedish Academy of Sciences chose Krugman for formulating a new theory to answer questions about free trade.

Incidentally, Krugman is a fierce critic of the economic policies being followed by the US administration led by President George Bush.

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One Response to “Paul Krugman wins Economics Nobel”

  1. Charles Pierce says:

    I was interested to find this blog. 20 years ago I had a book published on different economic concepts to point the way to a sustainable world economy. Someone who liked the book recently contacted me to suggest that I update and re-publish it as a blog. She set up the blog, and the book is now complete on the blog in a series of postings. Here is the link:

    http://www.economicsforaroundearth.com

    With all good wishes,
    Charles Pierce