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Paul Robin Krugman (/ ˈ k r ʊ ɡ m ə n / ⓘ KRUUG-mən; born February 28, 1953) is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York and a columnist for The New York Times.
- The Great Unraveling
The Great Unraveling: Losing Our Way in the New Century is a...
- Saltwater Economist
In economics, the freshwater school (or sometimes sweetwater...
- The Great Unraveling
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008. Born: 28 February 1953, New York, NY, USA. Affiliation at the time of the award: Princeton University, Princeton, NJ, USA. Prize motivation: “for his analysis of trade patterns and location of economic activity”. Prize share: 1/1.
- Education and Early Career
- Nobel Prize For New Model of International Trade
- New Trade Theory
- New Economic Geography
- Finance and Macroeconomics
- Media Influencer and Political Commentator
- The Bottom Line
Born in 1953 to a middle-class family in Albany, N.Y., Krugman earned a B.A. in Economics (summa cum laude) from Yale University in 1974 and a Ph.D. in Economics from the Massachusetts Institute of Technology (MIT) in 1977. At MIT, his advisor for his thesis, Essays on Flexible Exchange Rates, was Rudiger (Rudi) Dornbusch, a German economist who pl...
When Krugman received the 2008 Nobel Prize for “his research on international trade and economic geography,” the Nobel Committee cited his early work that “introduced an entirely new theory of international trade.” The Nobel announcement continued: “By having shown the effects of economies of scale on trade patterns and on the location of economic ...
In the late 1970s, at the beginning of his tenure at Yale, Krugman was still considering which direction to take in his research. During a conversation with Rudi Dornbusch, his former Ph.D. advisor at MIT, he started to construct New Trade Theory (NTT) as an alternative to older theories that explain international trade patterns as based on compara...
In the decade after the 1979 publication of his research on New Trade Theory, Krugman began to expand his original model to predict not only what goods are produced where but also why labor and capital tend to concentrate in certain countries and regions and not in others. In "Increasing Returns and Economic Geography", published in the Journal of ...
Since the 2008-2009 financial crisis and the Great Recession, the research Krugman has done throughout his career on international currency crises, exchange rate instability, and the transition of financial shocks has been highly influential. For example, as a graduate student at MIT, Krugman built a model for the foreign exchange marketand publish...
Throughout his career, one of Krugman’s most significant accomplishments has been his ability to write and speak about economics in clear, accessible language designed to reach a wide audience. Despite his impressive academic pedigree, he excels at communicating complex ideas without using “equations, illegible diagrams, and economic jargon that on...
The 2008 Nobel Prize Committee cited Krugman's early work that “introduced an entirely new theory of international trade (and economic geography}" and gave "rise to an extensive reorientation of the research on these issues." The trigger for Krugman’s New Trade Theory was his insight that there are critical factors that determine international patt...
Paul Robin Krugman (born February 28, 1953) is an American economist and 2008 winner of the Nobel Prize in Economics. Early life. Krugman was born in Albany, New York. [1] He was awarded B.A. in economics from Yale University in 1974. He earned a Ph.D. from the Massachusetts Institute of Technology (MIT) in 1977. Career.
Oct 13, 2008 · Princeton economist Paul Krugman, acclaimed in his field for insights into international trade patterns that overturned longheld theories about the global economy before he rose to popular distinction as a media columnist and commentator, has been awarded the 2008 Nobel Prize in economics.
Paul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University. Mr. Krugman received...
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Telephone interview with Paul Krugman recorded immediately after the announcement of the 2008 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, 13 October 2008. The interviewer is Adam Smith, Editor-in-Chief of Nobelprize.org.
