« Be It Resolved: Shares are Derivatives | Main | Relief Rally in Pictures »

Latest Stories

• Moonstruck 01/10/09
• Reconsidering the Short-Selling Ban
• Reading 01/10/09
• There's Unemployment, and Then There's Unemployment
• Foreclosure Fraud Scheme Invokes "Land Patents"

October 13, 2008

Congratulations to Paul Krugman

Huge congratulations to Princeton economist -- and part-time NY Times columnist -- Paul Krugman for winning the Nobel in Economics today.

Mr. Krugman was the lone winner of the 10 million kronor ($1.4 million) award and the latest in a string of American researchers to be honored. The Royal Swedish Academy of Sciences praised Mr. Krugman for formulating a new theory to answer questions about free trade.

"What are the effects of free trade and globalization? What are the driving forces behind worldwide urbanization? Paul Krugman has formulated a new theory to answer these questions," the academy said in its citation. "He has thereby integrated the previously disparate research fields of international trade and economic geography," it said.

More here.

Sphere It   |   Digg it   |   Bookmark it   |   Stumble it   |   Facebook it