US professor takes Nobel economics prize

American Paul Krugman won the Nobel economics prize today for his analysis of trade patterns and location of economic activity.

Mon, 13 Oct, 2008 - 13:49

American Paul Krugman won the Nobel economics prize today for his analysis of trade patterns and location of economic activity.

Krugman, 55, a professor at Princeton University in New Jersey, formulated a new theory to answer questions about free trade, the Royal Swedish Academy of Sciences said.

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Courts Heathrow Place: US Place: New Jersey Person: Paul Krugman Person: Krugman Organisation: Royal Swedish Academy of Sciences

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