Category Archives: Economics

Nobel Prize in Economics 2008

The Nobel Prize in Economics was awarded today to Paul Krugman of Princeton University “for his analysis of trade patterns and location of economic activity”. Based on his research, Krugman developed a new theory related to free trade, globalization and … Continue reading

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Economic Freedom of the World

The 2008 annual report on the Economic Freedom of the World is now available.   The study takes into account 42 different factors to determine the level of economic freedom of the people in a country or the ability of people … Continue reading

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Alabama’s economic growth slows in 2007

The Birmingham News reported on June 6, 2008 that Alabama’s economic growth slowed to a 1.8% increase in GSP (gross state product) in 2007, according to the U.S. Bureau of Economic Analysis.  Read the whole story from The Birmingham News … Continue reading

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Nobel Prize in Economics

On October 15, 2007, the Nobel Prize in Economics was awarded to Leonid Hurwicz, Eric S. Maskin, and Roger B. Myerson “for having laid the foundations of mechanism design theory”. You can read more about it here: http://nobelprize.org/nobel_prizes/economics/laureates/2007/press.html To find … Continue reading

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