Um, no.
Paul Robin Krugman (pronounced
/ˈkruːɡmən/;
[1] born February 28, 1953) is an American
economist,
liberal columnist and author. He is Professor of Economics and International Affairs at the
Woodrow Wilson School of Public and International Affairs,
Princeton University, Centenary Professor at the
London School of Economics, and an
op-ed columnist for
The New York Times.
[2][3] In 2008, Krugman won the
Nobel Memorial Prize in Economics for his contributions to
New Trade Theory and
New Economic Geography.
He was voted sixth in Prospect Magazine's 2005 global poll of the world's top 100 intellectuals.[4]
The Nobel Prize Committee stated that Krugman's main contribution had been to explain patterns of international trade and the geographic concentration of wealth by examining the impact of
economies of scale and of consumer preferences for diverse goods and services.
[5] Krugman's work on international economics, including trade theory, economic geography, and international finance
[6][7] has established him as
one of the most influential economists in the world according to IDEAS/RePEc.
[8] Krugman is also known in academia for his work on liquidity traps and on currency crises.
As of 2006, Krugman had written or edited more than 25 books, 40 scholarly articles and 750 columns at
The New York Times dealing with current economic and political issues.
[9] Krugman's
International Economics: Theory and Policy, co-authored with
Maurice Obstfeld is a standard introductory
textbook on international economics. He also writes on political and economic topics for the general public, as well as on topics ranging from
income distribution to international economics. Krugman considers himself a
liberal, calling one of his books and his
New York Times blog: "
The Conscience of a Liberal".
[10]
Research Papers in Economics (RePEc) is a collaborative effort of hundreds of
volunteers in 57 countries to enhance the dissemination of
research in
economics.
Are you saying that YOU are smarter than this guy?
I seriously doubt it.
Krugman earned his
B.A. in economics from
Yale University in 1974 and his
Ph.D. from the
Massachusetts Institute of Technology (MIT) in 1977. Whilst at MIT he was part of a small group of MIT students sent to work for the
Central Bank of Portugal for three months in summer 1976, in the chaotic aftermath of the
Carnation Revolution.
[18] From 1982 to 1983, he spent a year working at the
Reagan White House as a staff member of the
Council of Economic Advisers. He taught at
Yale University, MIT,
UC Berkeley, the
London School of Economics, and
Stanford University before joining
Princeton University in 2000 as professor of economics and international affairs. He is also currently a centenary professor at the London School of Economics, and a member of the
Group of Thirty international economic body, as well as the
Council on Foreign Relations. He has been a research associate at the
National Bureau of Economic Research since 1979.
[19]
Paul Krugman has written extensively on international economics, including
international trade,
economic geography, and
international finance. The
Research Papers in Economics project ranked him as the 12th most influential economist in the world as of July 2009 based on his academic contributions.
[20] Krugman's
International Economics: Theory and Policy, co-authored with
Maurice Obstfeld, is a standard introductory
textbook on international economics. Krugman also writes on economic topics for the general public, sometimes on international economic topics but also on
income distribution and public policy.
The Nobel Prize Committee stated that Krugman's main contribution is to analyze the impact of
economies of scale, combined with the assumption that consumers appreciate diversity, on international trade and on the location of economic activity.
[5] The importance of spatial issues in economics has been enhanced by Krugman's ability to popularize this complicated theory with the help of easy-to-read books and state-of-the-art syntheses. "Krugman was beyond doubt the key player in 'placing geographical analysis squarely in the economic mainstream' ... and in conferring it the central role it now assumes."
[21]