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Paul Krugman, a Princeton University economics professor, and New York Times columnist  won the Nobel Prize in Economics for his great work on trade theory.

Paul Krugman is 55, won the prize for his analysis of trade patterns and location of economic activities. The winner selectors – Swedish Academy of Sciences (RSAS) said:  “His work explained how economies of scale influence trade and urbanization”.

Krugman known as one of the George Bush Administration’s most tenacious liberal critics. Paul Krugman is definitely among the smartest economists and one of the most congruous interesting. You can hardly find liberals like Krugman nowadays – a liberal who doesn’t shy away from that word.

Our Congratulations to Mr. Krugman. Paul You won Nobel Prize! And we all appreciate it if You would get back to work and work very hard to find a way out of the global financial meltdown. 🙂