Krugman getting the Nobel is a very interesting result amid current financial crisis. His contribution is explained here and here. Update: Krugman explains his own work. Edward Glaeser honors Krugman's work.
I am an Associate Professor of Economics at Winona State University, where I teach Macroeconomics, International Economics and Forecasting Methods. This blog will provide my observations and collection of news, information, articles, and videos on the issues of global economies, finance, and business.