Basic Information About Paul Krugman
|Category||Business › Wall Street|
|Professions||Economist, Author, Commentator, Journalist, Professor, Actor|
|Date of birth||1953-02-28 (70 years old)|
|Place of birth||Albany|
|Nationality||United States of America|
|Height||5 ft 6 in (1.7 m)|
|Social Media||↗︎ Wikipedia ↗︎ IMDb|
What Movie Awards did Paul Krugman win?
Paul Krugman's Quotes
- [observation, 1998] The growth of the Internet will slow dramatically [as it] becomes apparent that most people have nothing to say to each other. By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's... Ten years from now the phrase information economy will sound silly.
- [observation, August 2016] By now, it's obvious to everyone with open eyes that Donald Trump is an ignorant, wildly dishonest, erratic, immature, bullying egomaniac. On the other hand, he's a terrible person.
Paul Krugman: The Renowned Economist and Author
Paul Krugman is an American economist and author who has made significant contributions to the field of economics. With a net worth of $5 million, Krugman is known for his insightful writings and theories on various economic topics. He writes for the New York Times and teaches at the Graduate Center of the City University of New York. Let’s delve into his remarkable journey and achievements.
Early Life and Education
Paul Krugman was born on February 28, 1953, in Albany, New York. His parents, David and Anita, were Russian-Jewish immigrants. Krugman spent his early childhood in Utica before moving to Merrick at the age of eight. He attended John F. Kennedy High School in Bellmore before pursuing higher education.
At Yale University, Krugman graduated summa cum laude in economics in 1974. He then pursued a Ph.D. in economics from the Massachusetts Institute of Technology (MIT), which he obtained in 1977.
Career in Academia
Krugman’s academic journey started in 1977 when he became an assistant professor at Yale. He later joined MIT as a full professor and served on the White House’s Council of Economic Advisers in the early 198s. In 200, Krugman became a Professor of Economics and International Affairs at Princeton University, where he remained until 2015.
Following his retirement from Princeton, Krugman joined the faculty of the Graduate Center of the City University of New York. Throughout his career, he has also taught at prestigious institutions such as Stanford University and the London School of Economics.
Krugman is renowned for his extensive research in international economics, with a focus on economic geography, global trade, and international finance. His pioneering work in the field of New Trade Theory and New Economic Geography has contributed significantly to the understanding of economic phenomena. He has also made notable contributions to the study of currency crises, liquidity traps, income distribution, and macroeconomics.
Aside from his academic endeavors, Krugman has shared his insights and opinions as a widely-read commentator. Over the years, he has written columns for esteemed publications like Fortune, Slate, Harvard Business Review, and the Economist. However, it is his insightful articles in the New York Times that have gained him widespread recognition.
As a prolific author, Krugman has written numerous books on economics and public policy for general audiences. Some of his notable titles include ‘The Age of Diminished Expectations,’ ‘Peddling Prosperity,’ ‘The Return of Depression Economics,’ ‘The Conscience of a Liberal,’ and ‘Arguing with Zombies.’
Krugman has also published essay collections such as ‘The Accidental Theorist and Other Dispatches from the Dismal Science’ and ‘The Great Unraveling,’ which comprise some of his most influential columns from Slate and the New York Times respectively.
Economic and Political Positions
Krugman’s economic ideology is firmly rooted in Keynesian economics. He embraces the use of the IS-LM model of the neoclassical synthesis rather than the New Keynesian theory. While he supports free trade and the Green New Deal, he has also expressed concerns about the impact of immigrant labor on domestic wages. Overall, Krugman identifies as a liberal.
Awards and Honors
Throughout his illustrious career, Krugman has been recognized with numerous awards and honors. In the 199s, he received the John Bates Clark Medal from the American Economic Association and the Adam Smith Award from the National Association for Business Economics.
In the early 200s, Krugman’s accolades included the H.C. Recktenwald Prize in Economics from the University of Erlangen-Nuremberg and the Columnist of the Year award from Editor & Publisher magazine.
However, his most prestigious recognition came in 2008 when he was awarded the Nobel Memorial Prize in Economic Sciences. This esteemed honor solidified his status as one of the world’s top economists.
Krugman has also received multiple honorary doctorate degrees from renowned institutions such as Haverford College, the University of Lisbon, the University of Toronto, and the University of Oxford.
Paul Krugman was previously married to designer Robin L. Bergman before their divorce. In 1996, he married fellow economist Robin Wells, with whom he has co-authored several economics textbooks.
Currently residing in New York, Krugman continues to make significant contributions to the field of economics through his writings and teachings.
Paul Krugman’s journey as an economist and author has been marked by significant accomplishments. With his groundbreaking research, insightful commentary, and numerous accolades, he has cemented his place as one of the world’s most renowned economists.
Interesting Facts about Paul Krugman
- American economist, columnist and author.
- Professor of economics and international affairs at Princeton University, a centenary professor at the London School of Economics and an op-ed columnist for the New York Times.
- In 2008, won the Nobel Memorial Prize in Economic Sciences.
- Born into a Jewish family and grew up on Long Island in New York. Married to Robin Wells, a fellow professor at Princeton, his second wife. They have no children.
- Earned his B.A. in economics from Yale University in 1974 and his Ph.D. from the Massachusetts Institute of Technology (MIT) in 1977. From 1982 to 1983, he spent a year working at the Reagan White House as a staff member of the Council of Economic Advisers. Taught at Yale Universty, MIT, UC Berkeley, the London School of Economics and Stanford University before joining the faculty of Princeton University in 2000.