SCIENCE IN THE NEWS DAILY

Paul Krugman Wins Economics Nobel

from the New York Times (Registration Required)

Paul Krugman, a professor at Princeton University and an Op-Ed columnist for The New York Times, was awarded the Nobel Memorial Prize in Economic Science 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 meeting for the Group of Thirty, an international body from the public and private sectors that discusses international economics.

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.”