Bank Of Baku

Nobel economics laureate announced

Nobel economics laureate announced
# 13 October 2008 14:20 (UTC +04:00)
Stockholm–APA. Princeton economist and New York Times columnist Paul Krugman won the Nobel economics prize 2008 on Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity. The Royal Swedish Academy of Sciences praised Krugman for formulating a new theory to answer questions about free trade.

US scientists won the Nobel economics prize in 2007 too.
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