Another good guy wins the Nobel Prize. Congratulations, Paul. You deserve to be honored.
STOCKHOLM, Sweden (AP) — American Paul Krugman won the Nobel economics prize on Monday for his analysis of trade patterns and location of economic activity. . "What are the effects of free trade and globalization? What are the driving forces behind worldwide urbanization? Paul Krugman has formulated a new theory to answer these questions," the academy said in its citation. .
Krugman was the lone of winner of the 10 million kronor (US$1.4 million) award, the latest in a string of American researchers to be honored.
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