Biography
Paul Krugman is a Distinguished Professor at the City University of New York and an op-ed columnist for The New York Times. He previously taught at MIT, Stanford, and Princeton. He is the author or editor of 23 books and more than 200 professional journal articles, many of them on international trade and finance. In recognition of his work on international trade and economic geography, Krugman received the John Bates Clark Award from the American Economic Association in 1991 and the Nobel Memorial Prize in Economic Sciences in 2008.
World Leaders Messages
Nobel Laureate Economist, Distinguished Professor
All of this globalization reflects this world of very open trade that we created. If it ceases to be open trade, then it goes away. If we go back to something like the 40 percent of tariff, the world trade volume will also decline by two-thirds, which will bring us back us to the 1950s level.
