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Slættaratindur 2. Juni 2007

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Paul Krugman wins the Nobel Prize in Economics.
News by NorlanderPaul Krugman, a professor at Princeton University and an Op-Ed columnist for The New York Times, was awarded the Nobel Memorial Prize in Economic Sciences on Monday.

“It’s been an extremely weird day, but weird in a positive way,” Mr. Krugman said in an interview on his way to a Washington meeting for the Group of Thirty, an international body from the public and private sectors that discusses international economics. He said he was mostly “preoccupied with the hassles” of trying to make all his scheduled meetings today and answer a constantly-ringing cell phone.

Mr. Krugman received the award for his work on international trade and economic geography. In particular, the prize committee lauded his work for “having shown the effects of economies of scale on trade patterns and on the location of economic activity.” He has developed models that explain observed patterns of trade between countries, as well as what goods are produced where and why. Traditional trade theory assumes that countries are different and will exchange different kinds of goods with each other; Mr. Krugman’s theories have explained why worldwide trade is dominated by a few countries that are similar to each other, and why some countries might import the same kinds of goods that it exports.

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Obituaries
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Grizlas
04/07/2025 09:01
RIP Mr. Blonde

Grizlas
03/07/2025 14:36
Could it be they lack those things because you know they are AI generated? smiley

Vuzman
03/07/2025 11:44
They all look... off. Incongruous, lacking personality and identity... Know what I mean?

Norlander
02/07/2025 22:27
WooHoo a new news item!

Grizlas
02/07/2025 20:29
None of them huh, Vuz? smiley

Grizlas
10/05/2025 11:14
changed thread_views from smallint to int. so now some threads which were stuck at 65535 views should work again smiley

Grizlas
01/01/2025 00:37
Takk, somuleiðis!

Norlander
31/12/2024 23:30
Gott nýggjár!

Grizlas
06/11/2024 20:17
Finally.

Norlander
05/11/2024 13:14
tta finally works again