Monday, October 13, 2008

Paul Krugman Wins Nobel Prize For Economics

I've been following Paul Krugman's column and blog in the New York Times lately, trying to make sense of the financial meltdown. He has often been the lone sane voice speaking out in a crowd of tinkle-down economists. Congratulations to him on his Nobel Prize for Economics.

From Editor and Publisher:

Krugman Wins Nobel Prize for Economics

By E&P Staff Published: October 13, 2008 7:45 AM ET

STOCKHOLM He's been hailed of late for being basically right in his months and years of warning about a coming financial crisis. Now New York Times columnist -- and Princeton professor -- Paul Krugman has just been awarded the Nobel Prize for Economics.

A favorite whipping boy for conservatives, he's been getting more and more time on TV lately as a political/economic commentator.

Krugman, 55, won the Nobel economics prize on Monday for his analysis of trade patterns and location of economic activity. He formulated a new theory to answer questions about free trade, the Royal Swedish Academy of Sciences said.

No comments: