Paul Robin Krugman American economist Date of Birth: 28.02.1953 Country: USA

1. Biography of Paul Robin Krugman
2. Contributions and Achievements
3. Early Life and Education
4. Academic Career and Affiliations

Biography of Paul Robin Krugman

Paul Robin Krugman is an American economist who was awarded the Nobel Memorial Prize in Economics in 2008 for his contributions to the new trade theory and new economic geography. He is currently a professor of economics and international affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, as well as a professor at the London School of Economics. Krugman is also a columnist for The New York Times.

Contributions and Achievements

The Nobel Prize Committee recognized Krugman's work in explaining models of international trade and the geographic concentration of wealth through the study of economies of scale, consumer preferences, and growth. He is well-known in academic circles for his research on international economics, including trade theory, economic geography, international finance, liquidity traps, and currency crises.

Krugman is ranked 15th among the most cited economists in the world according to the IDEAS/RePEc database. He has authored over 20 books and published more than 200 scientific articles in professional journals and anthologies. In addition, he has written over 750 op-eds on current economic and political issues for The New York Times.

One of Krugman's most recognized textbooks on international economics, "International Economics: Theory and Policy," co-authored with Maurice Obstfeld, has become a widely used textbook in American colleges. He also writes on political and economic topics for the general public and has spoken on a wide range of issues, from income distribution to international economics. Krugman considers himself a liberal and even titled one of his books and his blog in The New York Times "The Conscience of a Liberal."

Early Life and Education

Paul Krugman, the son of David and Anita Krugman, was born on February 28, 1953, in Albany, New York. He grew up in Nassau County, New York, and graduated from John F. Kennedy High School in Bellmore. He is currently married to Robin Wells, a yoga instructor and economist who has collaborated with him on textbooks. This is his second marriage. Krugman has also mentioned his distant relation to conservative journalist David Frum.

Krugman's interest in economics began with Isaac Asimov's "Foundation" series, in which future scientists used the fictional science of psychohistory to save civilization. As psychohistory did not exist in the way Asimov portrayed it, Krugman turned to economics, which he considered the second-best social science.

Krugman received his bachelor's degree in economics from Yale University in 1974 and earned his Ph.D. from the Massachusetts Institute of Technology (MIT) in 1977. During his time at MIT, Krugman was part of a small group of students sent to work at the Central Bank of Portugal for three months in the summer of 1976, two years after the Carnation Revolution.

Academic Career and Affiliations

From 1982 to 1983, Krugman worked in the administration of President Ronald Reagan as a member of the Council of Economic Advisers. He has taught at Yale University, MIT, the University of California, Berkeley, the London School of Economics, and Stanford University. In 2000, he became a professor at Princeton University. He is also a member of the Group of Thirty, an international economic organization.

Since 1979, Krugman has been a research associate at the National Bureau of Economic Research. Recently, he served as the president of the Eastern Economic Association.