Am excited even more because most of the courses I teach are either directly or indirectly about economic geography .... and Krugman was one of the first neoclassical economists to systematically talk about a "new economic geography"
In his book Geography and Trade, which is a collection of his lectures, Krugman writes,
About a year ago I more or less suddenly realized that I have spent my whole professional life as an international economist thinking and writing about economic geography, without being aware of itIt will be neat if neoclassical economics alters its course thanks to Amartya Sen, Joseph Stiglitz, and Paul Krugman. but, maybe that is asking for too much, eh!
BTW, both Sen and Krugman were solo winners .... I think that these were also political statements by the committee--Sen's came after the collapse of LTCM, for which the previous year winner provided the brains! It was the committee's way of apologizing .... Krugman's selection reflects the need to change course from the maniacal approach to freer trade and less regulations.
Hey, this is my blog, and I am entitled to my opinions!
The video here is thanks to Google--it makes available on YouTube the talk and Q/A with authors who are invited to its SF headquarters
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