One Small Step for Man: Paul Krugman, the 2008 Nobel Laureate in Economics

Bruce Elmslie

Review of Political Economy, 2010, vol. 22, issue 1, 1-17

Abstract: Paul Krugman was awarded the 2008 Nobel Prize in Economics 'for his analysis of trade patterns and location of economic activity' (http://nobelprize.org). This article assesses the importance of Krugman's contributions to both the state of our knowledge and methodology as a profession. The focus of the article is on Krugman's contributions to trade theory beginning with Krugman (1979a). This article had a major direct impact on the direction of research on international trade while also containing the seeds of his work 12 years later on economic geography.

Date: 2010
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DOI: 10.1080/09538250903391855

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