by Paul Krugman · Antoni Bosch Editor, S.A. · tapa blanda · ISBN 9788485855827
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This book by Paul Krugman examines the evolution of economic geography and the theory of economic development to understand the nature of economic research. The author analyzes why some economic ideas are consolidated while others are discarded, arguing that reluctance to formalize difficult topics has led to ignoring valuable ideas. In addition, it offers a panoramic view of the most recent advances in these areas, highlighting how the theory of development lost influence by not being able to be clearly modeled and how economic geography was avoided for not adapting to the available instruments.
Krugman does not advocate abandoning economic models, but explains why it is important to insist on their construction, even if this implies discarding good ideas occasionally. The book is a reflection on economic research and an exploration of advances in economic geography and development theory.
Paul Robin Krugman is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York. He was a columnist for The New York Times from 2000 to 2024. In 2008, Krugman was the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory and new economic geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.
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