Columnist Paul Krugman wins Nobel economics prize (AP)

Courtesy Ytop stories  Mon, 10/13/2008 - 6:47am

In this file photo dated Sept. 13, 1999, U.S.<br /><br />Economist and New York Times columnist Paul Krugman is seen during a press conference in Stockholm. Krugman won the Nobel economics prize on Monday, Oct. 13, 2008 for his analysis of trade patterns and location of economic activity.<br /><br />Krugman, born in 1953, and a professor at Princeton University in New Jersey and a frequent contributor to The New York Times, formulated a new theory to answer questions about free trade, the Royal Swedish Academy of Sciences said.<br /><br />(AP Photo/Scanpix, Fredrik Sandberg, File)AP - Princeton economist and New York Times columnist Paul Krugman won the Nobel economics prize on Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.




 

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