Hooray for Dr. Krugman!

“STOCKHOLM (AFP) — US economist Paul Krugman, a prolific New York Times columnist and fierce critic of Washington’s economic policies, won the Nobel Economics Prize on Monday, the Nobel jury said.

“Krugman, 55, a Princeton University professor, has formulated a new trade analysis theory which determines the effects of free trade and globalisation, as well as the driving forces behind worldwide urbanisation, the citation said.”
US economist Paul Krugman wins Nobel Economics Prize, APF, October 13, 2008

Of course it was only a matter of time. Congratulations, Dr. Krugman!

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