2008 Nobel Prize for Economics is awarded to Paul Krugman

In a latest press release it has been declared the Nobel Prize for Economics is awarded to Mr Paul Krugman " for his analysis of trade patterns and location of economic activity ".

Mr Paul Krugman is a Professor at Princeton University, New Jersey.

Nobel Prize for Economics was first launched in the year 1968 and was first awarded to Ragnar Frisch in the year 1969.

The award is sponsored by Sveriges Riksbank ( Swedish Bank )

Press Release at Nobel.org

Video of the Prize Announcement

NY times Column where Mr Paul Krugman himself is a Columnist