STOCKHOLM, Oct. 13 (Xinhua) -- U.S. economist Paul Krugman Monday won the 2008 Nobel Prize in Economics "for his analysis of trade patterns and location of economic activity."
Krugman was born on February 28, 1953, in Long Island, New Yorkstate, the United States.
He earned a Ph.D. at the Massachusetts Institute of Technology (MIT) in 1997 and has been professor of economics and international affairs at Princeton University since 2000.
He has also taught at Yale University, the London School of Economics, Stanford, and MIT.
Krugman, 55, is well known in academia for his work in trade theory and his textbook explanations of currency crises and New Trade Theory.
"Paul Krugman has formulated a new theory to answer a series of questions, such as what the effects of free trade and globalization are and what the driving forces behind worldwide urbanization are," the Royal Swedish Academy of Sciences said in a statement.
Krugman's work has thereby integrated the previously disparate research fields of international trade and economic geography, the statement said.
He is an ardent critic of the administration of U.S. President George W. Bush and its domestic and foreign policies.
He has also written 20 books and more than 200 papers in professional journals.
Editor: An
Source:http://news.xinhuanet.com/english/2008-10/13/content_10189415.htm
Krugman was born on February 28, 1953, in Long Island, New Yorkstate, the United States.
He earned a Ph.D. at the Massachusetts Institute of Technology (MIT) in 1997 and has been professor of economics and international affairs at Princeton University since 2000.
He has also taught at Yale University, the London School of Economics, Stanford, and MIT.
Krugman, 55, is well known in academia for his work in trade theory and his textbook explanations of currency crises and New Trade Theory.
"Paul Krugman has formulated a new theory to answer a series of questions, such as what the effects of free trade and globalization are and what the driving forces behind worldwide urbanization are," the Royal Swedish Academy of Sciences said in a statement.
Krugman's work has thereby integrated the previously disparate research fields of international trade and economic geography, the statement said.
He is an ardent critic of the administration of U.S. President George W. Bush and its domestic and foreign policies.
He has also written 20 books and more than 200 papers in professional journals.
Editor: An
Source:http://news.xinhuanet.com/english/2008-10/13/content_10189415.htm
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