Paul Krugman wins Nobel prize in economics

By MarketWatch
Last update: 7:22 a.m. EDT Oct. 13, 2008Comments: 51
NEW YORK (MarketWatch) -- The Royal Swedish Academy of Sciences announced Monday that Paul Krugman, professor of economics and international affairs at Princeton University, is the 2008 winner of The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The academy cited his work in analyzing "trade patterns and location of economic activity" and integrating "the previously disparate research fields of international trade and economic geography."
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