economist — a believer that prices and wages are “sticky,” causing involuntary unemployment and monetary policy, both of which have a significant impact on the economy. In 2008, Krugman was the sole recipient of the Nobel Memorial Prize in Economic Sciences “for his analysis of trade patterns and location of economic activity.” This Nobel Prize is awarded yearly to individuals making exceptional contributions to the field of economics research that have been validated over time.
“Reducing our dependence on fossil fuels wouldn’t just reduce emissions of greenhouse gases,” Krugman
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