Paul Krugman Wins Nobel Prize for Economics

We’ve read Krugman for many years, and although we’ve never met him in person, are still happy for his public recognition.

The American economist Paul R. Krugman won the Nobel economics prize on Monday for his analysis of trade patterns and location of economic activity.

Mr. Krugman, 55, a professor at Princeton University in New Jersey and a columnist for The New York Times, formulated a new theory to answer questions about free trade, the Royal Swedish Academy of Sciences said.

“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.

Mr. Krugman was the lone of winner of the 10 million kronor ($1.4 million) award, the latest in a string of American researchers to be honored.

[From Krugman Wins Nobel Prize for Economics – NYTimes.com]

Kudos. You can leave congrats on his blog, if you are so inclined¹ and he’s interviewed by Catherine Rampell of the New York Times economics blog here

and appropriate of nothing, but since I wanted to see what it looks like, electoral college info-porn:

Footnotes:

1. I didn’t, but you might [↩]