Economists And Economic Thinkers Codexery

Paul Krugman

Nobel Prize-winning economist known for new trade theory and economic geography.

Last updated

Paul Krugman

via Wikipedia: Paul Krugman · see source

From 2000 until 2024, Krugman wrote a column for The New York Times, and in 2008 he received the Nobel Memorial Prize in Economic Sciences as the sole awardee.[1]

Key facts and history

Krugman was born on February 28, 1953, to a Russian Jewish family in Albany, New York.[2][3][4] Krugman became an assistant professor at Yale in 1977 and joined the MIT faculty in 1979.[5] A 1979 paper by Krugman on currency crises is regarded as a foundational contribution to the 'first generation' of models analyzing such crises.[6] Krugman ended his role as a New York Times columnist in December 2024 and then started a daily newsletter on Substack.[7]

What the cited sources add

A 2009 paper by Kristian Behrens and Frederic L. Robert-Nicoud states that Krugman was "beyond doubt the key player" in placing geographical analysis within the economic mainstream.[8][9] That article helped popularize the argument that East Asian growth came from high capital investment and increasing labor force participation, not new economic models.[10][11] Krugman's 1981 paper "Trade, accumulation, and uneven development" argued that countries may become 'locked into' disadvantageous trade patterns when there are economies of scale.[12][13]

References

  1. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: "About Paul Krugman", krugmanonline, 2012; "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008", nobelprize.org; Nobel Prize Committee, "The Prize in Economic Sciences 2008" (original not read by us) en.wikipedia.org
  2. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: Krugman, "Head Still Talking", The Conscience of a Liberal, May 18, 2012; Blodget, "Ladies and Gentlemen, We Have Finally Learned the Right Way to Say 'Krugman'!", Business Insider, November 22, 2014; "Paul Krugman", June 8, 2017 (original not read by us) en.wikipedia.org
  3. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: Krugman, "North of the Border", The New York Times, March 27, 2006; Encyclopedia of American Jewish History, Volume 1 edited by Stephen Harlan Norwood, Eunice G. Pollack p. 721 (original not read by us) en.wikipedia.org
  4. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: Axelrod, "Ep. 372 — Paul Krugman", March 2, 2020; Dunham, "In Search of a Man Selling Krug", Genealogywise.com, July 14, 2009; Krugman, "[L]ater waves of immigrants were mostly looking for opportunity; although my own family (coming from Belarus and Ukraine) was fleeing violence and war.", The New York Times, April 19, 2022; Krugman, "Caught my eye because I lived in Utica from age 3-8.", Twitter, May 16, 2015; Krugman, "Friday Night Music: Got To Admit It's Getting Better", The New York Times, June 26, 2015; Kitchen, "Paul Krugman, LI [Lo en.wikipedia.org
  5. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: "Krugman Curriculum Vitae" (original not read by us) en.wikipedia.org
  6. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: "Currency Crises", Web.mit.edu; Sarno, "The Economics of Exchange Rates", Cambridge University Press, 2002, p. 245–64; Craig Burnside, Martin Eichenbaum, and Sergio Rebelo (2008), "Currency crisis models" , New Palgrave Dictionary of Economics, 2nd ed.; Behrens, "Krugman's Papers in Regional Science: The 100 dollar bill on the sidewalk is gone and the 2008 Nobel Prize well-deserved", Papers in Regional Science, 2009, p. 467–89 (we also read that source) en.wikipedia.org
  7. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: Kingsbury, "Paul Krugman retires as Times columnist", The New York Times, December 6, 2024; Krugman, "My Last Column: Finding Hope in an Age of Resentment", The New York Times, December 9, 2024; Kaiser, "Paul Krugman on Leaving the New York Times", Columbia Journalism Review, January 24, 2025; Krugman, "Paul Krugman", Substack (original not read by us) en.wikipedia.org
  8. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: Behrens, "Krugman's Papers in Regional Science: The 100 dollar bill on the sidewalk is gone and the 2008 Nobel Prize well-deserved", Papers in Regional Science, 2009, p. 467–89 (we also read that source) en.wikipedia.org
  9. Kristian Behrens, "Krugman's Papers in Regional Science: The 100 dollar bill on the sidewalk is gone and the 2008 Nobel Prize well‐deserved", Papers of the Regional Science Association (2009), doi:10.1111/j.1435-5957.2009.00241.x. OpenAlex metadata CC0; paper not read. doi.org
  10. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: Krugman, "The Myth of Asia's Miracle", Foreign Affairs, December 1994, p. 62–78 (we also read that source) en.wikipedia.org
  11. Paúl Krugman, "The Myth of Asia's Miracle", Foreign Affairs (1994), doi:10.2307/20046929. OpenAlex metadata CC0; paper not read. doi.org
  12. Wikipedia, "Paul Krugman" (CC BY-SA 4.0), which cites: Krugman, "Trade, accumulation, and uneven development", Journal of Development Economics, 1981, p. 149–61; "Does globalization lead to inequality?", Nobel Perspectives; "Bold strokes: a strong economic stylist wins the Nobel" , The Economist, October 16, 2008.; Krugman, "In praise of cheap labor", Slate, March 20, 1997; (He writes on p. xxvi of his book The Great Unraveling that "I still have the angry letter Ralph Nader sent me when I criticized his attacks on globalization."); Strategic trade policy and the new international economics, P en.wikipedia.org
  13. Paúl Krugman, "Trade, accumulation, and uneven development", Journal of Development Economics (1981), doi:10.1016/0304-3878(81)90026-2. OpenAlex metadata CC0; paper not read. doi.org

Each numbered sentence above was checked against the source it cites before publication. Sentences citing Wikipedia adapt text from the English Wikipedia article Paul Krugman (contributors), used under CC BY-SA 4.0; this entry is available under the same licence. Other sources were used for facts only; no text or images are copied from them.

More in Economists And Economic Thinkers

Paul RomerPaul SamuelsonPeter DiamondPiero SraffaRaghuram RajanReinhard SeltenRichard CantillonRichard ThalerRobert F. EngleRobert FogelRobert J. ShillerRobert Solow

Related in Economists And Economic Thinkers

Paul Samuelson

Links follow this subject's own source article.

Sources

Compiled from Wikipedia and the sources listed below. Text from Wikipedia is available under CC BY-SA 4.0; this entry is adapted from it.

Spotted an error? Know more?

Reader corrections go straight into our review queue. Suggest an edit · How this site is sourced

Comments

Loading…
Open in the interactive codex →