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Krugman
Paul Robin Krugman ( ; born February 28, 1953) is an American New Keynesian economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York. He was a columnist for ''The New York Times'' from 2000 to 2024. In 2008, Krugman was the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory and new economic geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. Krugman was previously a professor of economics at MIT, and, later, at Princeton University which he retired from in June 2015, holding the title of professor emeritus there ever since. He also holds the title of Centennial Professor at the London School of Economics. Krugman was President of the Eastern Economic Association ...
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John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes ( ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the schools of economic thought, school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream economics, mainstream macroeconomics. He is known as the "father of macroeconomics". During the Great Depression of the 1930s, Keynes spearheaded Keynesian Revolution, a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as ...
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Robin Wells
Robin Elizabeth Wells (born 1959) is an American economist. She is the co-author of several economics texts, mostly with her husband Paul Krugman. Life and career Wells received her BA from the University of Chicago and her PhD from the University of California, Berkeley.Economics, 1st Edition by Paul Krugman and Robin Wells, Worth Publishers; 1st edition (December 28, 2005) Wells did a post-doctoral fellowship at the Massachusetts Institute of Technology. She has taught or done research at the University of Michigan, the University of Southampton, Stanford University, MIT, and Princeton University. Wells is the co-author of several economics books with her husband, economist Paul Krugman, ''Macroeconomics'' and ''Microeconomics'', that rank among the top selling economics textbooks used in U.S. colleges today. For '' The Occupy Handbook'', Wells served as guest editor and contributed an original article. She is a frequent writer for ''The Guardian'' online, has published artic ...
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Rudi Dornbusch
Rüdiger "Rudi" Dornbusch (June 8, 1942 – July 25, 2002) was a German economist who worked in the United States for most of his career. Early life and education Dornbusch was born in Krefeld in 1942. After completing his secondary education at the Gymnasium am Moltkeplatz, he studied political science at the University of Geneva, and received his undergraduate degree (''licence en sciences politiques'') from the Graduate Institute of International Studies in 1966. He went on to graduate study at the University of Chicago, receiving a M.A. in economics in 1966, and a Ph.D. in economics in 1971. Career He lectured briefly at the University of Chicago Booth School of Business, before serving as an assistant professor at the University of Rochester for two years; he then returned to Chicago, where he served as a professor of international economics. In 1975, he moved to MIT, where he was appointed an associate professor in the Department of Economics, and was made a full p ...
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Massachusetts Institute Of Technology
The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. In response to the increasing Technological and industrial history of the United States, industrialization of the United States, William Barton Rogers organized a school in Boston to create "useful knowledge." Initially funded by a land-grant universities, federal land grant, the institute adopted a Polytechnic, polytechnic model that stressed laboratory instruction in applied science and engineering. MIT moved from Boston to Cambridge in 1916 and grew rapidly through collaboration with private industry, military branches, and new federal basic research agencies, the formation of which was influenced by MIT faculty like Vannevar Bush. In the late twentieth century, MIT became a leading center for research in compu ...
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Nobel Memorial Prize In Economic Sciences
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (), commonly referred to as the Nobel Prize in Economics(), is an award in the field of economic sciences administered by the Nobel Foundation, established in 1968 by Sveriges Riksbank (Sweden's central bank) to celebrate its 300th anniversary and in memory of Alfred Nobel. Although the Prize in Economic Sciences was not one of the original five Nobel Prizes established by Alfred Nobel's will, it is considered a member of the Nobel Prize system, and is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Winners of the Prize in Economic Sciences are chosen in a similar manner to and announced alongside the Nobel Prize recipients, and receive the Prize in Economic Sciences at the Nobel Prize Award Ceremony. The laureates of the Prize in Economic Sciences are selected by the Royal Swedish Academy of Sciences, which ...
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Richard Baldwin (economist)
Richard E. Baldwin is a professor of international economics at the IMD Business School. He is Editor-in-Chief of VoxEU, which he founded in June 2007, and was President of the Centre for Economic Policy Research (CEPR) from 2014 to 2018. He is a research associate at the National Bureau of Economic Research and was twice elected as a Member of the Council of the European Economic Association. Baldwin has been called "one of the most important thinkers in this era of global disruption". Career After obtaining a bachelor's degree in economics from the University of Wisconsin–Madison in 1980, he received a master's degree from the London School of Economics in 1981. He completed his PhD at MIT in 1986 under the guidance of Paul Krugman, with whom he has co-authored half a dozen articles. He received honorary doctorates from the Turku School of Economics (Finland), University of St. Gallen (Switzerland) and Pontifical Catholic University of Peru (PUCP). The International Economi ...
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Princeton University
Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. The institution moved to Newark, New Jersey, Newark in 1747 and then to its Mercer County, New Jersey, Mercer County campus in Princeton nine years later. It officially became a university in 1896 and was subsequently renamed Princeton University. The university is governed by the Trustees of Princeton University and has an endowment of $37.7 billion, the largest List of colleges and universities in the United States by endowment, endowment per student in the United States. Princeton provides undergraduate education, undergraduate and graduate education, graduate instruction in the hu ...
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David Hume
David Hume (; born David Home; – 25 August 1776) was a Scottish philosopher, historian, economist, and essayist who was best known for his highly influential system of empiricism, philosophical scepticism and metaphysical naturalism. Beginning with '' A Treatise of Human Nature'' (1739–40), Hume strove to create a naturalistic science of man that examined the psychological basis of human nature. Hume followed John Locke in rejecting the existence of innate ideas, concluding that all human knowledge derives solely from experience. This places him with Francis Bacon, Thomas Hobbes, John Locke, and George Berkeley as an empiricist. Cranston, Maurice, and Thomas Edmund Jessop. 2020 999br>David Hume" ''Encyclopædia Britannica''. Retrieved 18 May 2020. Hume argued that inductive reasoning and belief in causality cannot be justified rationally; instead, they result from custom and mental habit. We never actually perceive that one event causes another but only experience ...
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Yale University
Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United States, and one of the nine colonial colleges chartered before the American Revolution. Yale was established as the Collegiate School in 1701 by Congregationalism in the United States, Congregationalist clergy of the Connecticut Colony. Originally restricted to instructing ministers in theology and sacred languages, the school's curriculum expanded, incorporating humanities and sciences by the time of the American Revolution. In the 19th century, the college expanded into graduate and professional instruction, awarding the first Doctor of Philosophy, PhD in the United States in 1861 and organizing as a university in 1887. Yale's faculty and student populations grew rapidly after 1890 due to the expansion of the physical campus and its scientif ...
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International Economics
International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries, including trade, investment and transaction. * International trade studies goods and services flows across international boundaries from supply-and-demand factors, economic integration, international factor movements, and policy variables such as tariff rates and trade quotas. * International finance studies the flow of capital across international financial markets, and the effects of these movements on exchange rates. * International monetary economics and international macroeconomics study flows of money across countries and the resulting effects on their economies as a whole. * International political economy, a sub-category of int ...
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Economic Geography
Economic geography is the subfield of human geography that studies economic activity and factors affecting it. It can also be considered a subfield or method in economics. Economic geography takes a variety of approaches to many different topics, including the location of industries, economies of agglomeration (also known as "linkages"), transportation, international trade, development, real estate, gentrification, ethnic economies, gendered economies, core-periphery theory, the economics of urban form, the relationship between the environment and the economy (tying into a long history of geographers studying culture-environment interaction), and globalization. Theoretical background and influences There are diverse methodological approaches in the field of location theory. Neoclassical location theorists, following in the tradition of Alfred Weber, often concentrate on industrial location and employ quantitative methods. However, since the 1970s, two major reactions ag ...
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Gordon Hanson
Gordon Howard Hanson (born August 5, 1964) is the Peter Wertheim Professor in Urban Policy at the Harvard Kennedy School. Education Hanson received his A.B. from Occidental College in 1986 and his Ph.D. from Massachusetts Institute of Technology in 1992, both in economics. His Ph.D. dissertation was entitled ''Industry agglomeration and trade in Mexico'', and his doctoral advisor was Michael J. Piore and was co-advised by Paul Krugman. Career Hanson served on the faculty of the University of Michigan from 1998 to 2001. In 2001, he joined UCSD as a professor at the School of International Relations and Pacific Studies, a position he held until 2012. Since 2015, he has been the Pacific Economic Cooperation Chair in International Economic Relations at UCSD's School of Global Policy and Strategy. He previously served as the acting dean of the UC San Diego School of Global Policy and Strategy. He joined the Harvard Kennedy School in 2020. Research Hanson's research focuses on, among ...
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