One of the world's most famous economist, Paul Krugman has won the Nobel Prize in Economics.
His victory has cast a fresh light on Tun Daim Zainuddin and Tun Dr Mahathir as the duo carried out Krugman-esque protective measures to shield Malaysia from the 1997 economic crisis that gave almost all other Asian countries that mattered a financial whiplash. Malaysia rode through that crisis having taken its own self-prescribed bitter medicine.
Congrats Prof Krugman. PLEASE do read the excellent piece on Krugman's Nobel victory at: http://network.nationalpost.com/np/blogs/fpcomment/archive/2008/10/14/the-good-krugman.aspx
Photo of Paul Krugman by Dan Deitch from: http://www.npr.org/templates/story/story.php?storyId=15119040
The King and U
4 days ago
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