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“It’s a total surprise”
And indeed it was – Paul Krugman has won the Nobel Prize for Economics[1]. The citation says he got it “for his analysis of trade patterns and location of economic activity” – ie for new trade theory. Which certainly did pretty much light a bomb under the subject ...
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Paul Krugman: The Croakings of a Cassandra...
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... Daniel Davies writes: “Crooked Timber: Paul Krugman has won the Nobel Prize for Economics[1]. The citation says he got it “for his analysis of trade patterns and location of economic activity” – ie for new trade theory. Which certainly did pretty much light a bomb under the subject when he published it in the 1980s, but if this is all it’s for, it’s frankly surprising that Krugman got it all to himself; there were plenty of other people who might have felt they deserved a share. I can’t ...

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