MONDAY, JANUARY 07, 2008: In December 2005 Dr. Paul Krugman, listed as one of “World’s Top 100 Public Intellectuals,” was interviewed by Dr. James Reese. Topics covered include his new economics textbook, the US federal budget situation, and the economic costs/ benefits of the Iraq war. Paul Krugman is Professor of Economics at Princeton University, where he regularly teaches the principles course. He received his BA from Yale and his PhD from MIT. Prior to his current position, he taught at Yale, Stanford, and MIT. He is the Centenary Professor at the London School of Economics. He also spent a year on the staff of the Council of Economic Advisers in 1982—1983. His research is mainly in the area of international trade, where he is one of the founders of the “new trade theory,” which focuses on increasing returns and imperfect competition. He also works in international finance, with a concentration in currency crises. In 1991, Krugman received the American Economic Association’s John Bates Clark medal. In addition to his teaching and academic research, Krugman writes extensively for nontechnical audiences. Krugman is a regular op-ed columnist for the New York Times. His latest trade best-seller is The Great Unraveling: Losing Our Way in the New Century. His earlier books, Peddling Prosperity and The Age of Diminished Expectations, have become modern classics. (24min 12sec) Copyright 2005, 2008 Radio Economics® www.RadioEconomics.com ( Rating: Squeaky Clean (G) / 11.1MB / 62Kbps / 24min 12sec )

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