For example, in his commentary on the current financial crisis, he has taken positions that have been unpopular with policymakers, but have proved to be true. But in his dual role as a public intellectual and an academic economist, Krugman has made such commentary a seamless affair. Economics is riddled with qualifications, making public commentary using the subject a difficult task. His column in The New York Times exemplifies that way of doing economics.

His story does not end there: He has turned the dry up-and-down variety of economics (usually found in the financial markets’ sections of business newspapers) into something meaningful.

It was Greek letters that won him the Nobel Prize for economics this year (see story on ).

VENTURE CAPITAL: Focus may shift to later stage investing >8 BOLLYWOOD: Dancers’ unions irked as outsiders hog limelight >11Īul Krugman once described economics writing to be of three kinds: Greek letters, up-and-down and airport. Paul Krugman wins the Nobel for economics >20 ECONOMY: Values are: day's closing price, previous closing price in brackets, 52-week low and high in bold, and volume traded (in 000) in bracketsĬentral Bank Of India 94.8(94.45)139-63(13)ĭr Reddy`S Lab 1780.1(1780.9)1818-1387(0) Data for 800 companies from Bombay Stock Exchange.

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