Word: krugman
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Dates: during 2000-2009
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...Paul Krugman, a professor at Princeton University and Op-Ed columnist for the New York Times, was named the 2008 recipient of the Nobel Prize for economics. Krugman is perhaps best known as a scathing critic of the Bush Administration, which he has accused of everything from mishandling foreign policy to promoting a fiscal strategy that caused the economic crisis gripping the country. But the economist - whom the Nobel committee recognized for his "analysis of trade patterns and location of economic activity," which helps explain why certain countries excel in international trade - has long been considered one of the brightest...
...Fast Facts: • Krugman, 55, grew up on Long Island. As a child he developed a keen interest in science fiction novelist Isaac Asimov, whom he credited in a 1995 essay with nudging him toward the study of economics
...Quotes about Krugman: • "The best claimant to the mantle of John Maynard Keynes." - economist Brad DeLong...
...could think of Krugman as a sort of highbrow version of [a magician]who goes around telling the real story of how rivals bend spoons." - Michael Hirsch, Newsweek...
...Quotes by Krugman: "Washington was first thrilling, then disillusioning...Some people get addicted to that thrill, and will do anything to stay near the center. After a little while, however, I began to notice how policy decisions are really made. The fact is that most senior officials have no idea what they are talking about: discussion at high-level meetings is startlingly primitive." ("Incidents from My Career...