Abstract The 2008 Nobel Prize for economics was awarded to Paul Krugman for three papers—Krugman (1979, 1980, 1991). In this paper we illustrate that, indeed, these three papers are closely connected. We present a summary of the papers using a unified framework. Central in the discussion is...

We have made a complete review of Krugman’s New York Times columns 1997 through 2006—in all, 654 columns. The pattern of policy positions and arguments do not square with his purported concern for general prosperity and the interests of the poor. Some of the evidence lies in...

Though there has been much general debate recently about the pros and cons of capital controls, there remains substantial confusion and uncertainty about what exactly is entailed by the term ‘restraining global capital flows’. Popular discussion around this has typically been long...

Son muchos los factores que inciden en la determinación de la competitividad, término con un significado tan amplio que intelectuales como Paul Krugman ( Porter, 1997) han dicho que es una forma poética de así llamarle a la productividad. Su determinación se vuelve más difícil si se...

During 1990s' the economy of Japan slipped into a long-sustained recession with strong deflation pressures. The aim of the paper is not to analyse this particular development in detail. It focuses on some specific aspects of macroeconomic development of the Japanese economy that gave birth to...