Krugman wins Nobel for economics
An MIT alum has won the Nobel Prize for Economics.
I first read one of Krugman's papers when studying for my General Exams. One section on my reading list was on regional variation in entrepreneurship and theories of why we see clusters of entrepreneurial firms or more innovation in some areas. The work that Krugman won the Nobel for was on international trade and economic geography. It seems a further signal of how hot international research and economic geography have become. Krugman's NY Times article is a bit strident for my tastes at times, but I'm still happy to see him win. Usually the MIT Econ dept. runs a poll (sort of like the NCAA basketball bracket) to try to predict the winner. I seem to have gotten out of the loop on that one this year.