Paul Krugman

Paul Robin Krugman (born February 28, 1953) is an American economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times. In 2008, Krugman won the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. According to the prize Committee, the prize was given for Krugman's work explaining the patterns of international trade and the geographic concentration of wealth, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. Krugman is known in academia for his work on international economics (including trade theory, economic geography, and international finance), liquidity traps, and currency crises. Krugman is ranked among the most influential academic thinkers in the US. As of 2008[update], Krugman has written 20 books and has published over 200 scholarly articles in professional journals and edited volumes. He has also written more than 750 columns on economic and political issues for The New York Times, Fortune and Slate. As a commentator, Krugman has written on a wide range of economic issues including income distribution, taxation, macroeconomics and international economics. Krugman considers himself a liberal, calling one of his books and his New York Times blog The Conscience of a Liberal. His popular commentary has attracted considerable comment, both positive and negative. Continue Reading »

The Return of Depression Economics and the Crisis of 2008
The Age of Diminished Expectations: U.S. Economic Policy in the 1990s

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