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Wednesday, October 15, 2008

PAUL KRUGMAN WINS 2008 NOBEL PRIZE IN ECONOMICS










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

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