Paul Krugman Quote

Whether the influence of increasing returns on trade and geography is rising or falling, one thing is clear: much was learned from the intellectual revolution that brought increasing returns into the heart of how we think about the world economy. It wasn't just that economists could make sense of previously puzzling data, we found ourselves able to see things that had previously been in an intellectual blind spot. Many people contributed to this process of enlightenment; I'm proud to have been a part of the journey.


"The Increasing Returns Revolution in Trade and Geography", The American Economic Review (Jun., 2009)


Whether the influence of increasing returns on trade and geography is rising or falling, one thing is clear: much was learned from the intellectual...

Whether the influence of increasing returns on trade and geography is rising or falling, one thing is clear: much was learned from the intellectual...

Whether the influence of increasing returns on trade and geography is rising or falling, one thing is clear: much was learned from the intellectual...

Whether the influence of increasing returns on trade and geography is rising or falling, one thing is clear: much was learned from the intellectual...