Nominee's Background:
Paul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University.
Mr. Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. At MIT he became the Ford International Professor of Economics.
Mr. Krugman is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes. His professional reputation rests largely on work in international trade and finance; he is one of the founders of the "new trade theory," a major rethinking of the theory of international trade. In recognition of that work, in 1991 the American Economic Association awarded him its John Bates Clark medal, a prize given every two years to "that economist under forty who is adjudged to have made a significant contribution to economic knowledge." Mr. Krugman's current academic research is focused on economic and currency crises.
Nominating Speech:
Serious debt calls for serious economic reform. The U.S. government and the American public have amassed a whopping $37 trillion dollar debt. Many central banks are switching from investing in dollars to euros. Countries that once pegged their currency to the U.S. dollar are also switching to euros. The mass of debt is acting as a drag on our economy, and will force interest rates to rise sharply. Many countries are shying away from investing in the U.S. Treasury Bonds and growing increasingly unwilling to finance our debt. With the Bush administration insisting on huge tax cuts, an expensive war, and a Social Security restructing that will add $2 trillion to our national debt, it is not likely that this economic situation will improve anytime soon. For this reason, a new order of progressive leadership must be recruited to challenge and defeat the Republicans and correct this fiscal insanity. It will be an awesome task, but I have faith that we can find that leadership in Dr. Paul Krugman, Professor of Economics at Princeton University.
Dr. Krugman is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes. His professional reputation rests largely on work in international trade and finance; he is one of the founders of the "new trade theory," a major rethinking of the theory of international trade. In recognition of that work, in 1991 the American Economic Association awarded him its John Bates Clark medal, a prize given every two years to "that economist under forty who is adjudged to have made a significant contribution to economic knowledge." Mr. Krugman's current academic research is focused on economic and currency crises.
Dr. Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. At MIT he became the Ford International Professor of Economics.
Dr. Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University.
To research this nominee, please look for them on the
Wikipedia website or at
Google.
|
Progressive Criteria:
The Department of Commerce will:
Promote commerce to enhance citizens' lives, not simply to enrich investors;
Promote decent, well-paying, environmentally sustainable jobs;
Take the initiative in developing a Genuine Progress Indicator to replace GDP which does not adequately distinguish between good growth and destructive trends; Work to provide new guarantees for pension security;
Support very small businesses, minority and women-owned businesses;
Direct and manage the patent and trademark system to promote the common good by promoting valuable inventions, research and intellectual exchangee, as a higher priority than protecting corporate profits.
|
