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To: SAJ
The Nobel Prize Committee explains Krugman's contributions in Trade and Geography – Economies of Scale, Differentiated Products and Transport Costs

Since the explanation all has to do with the phenomenon of the effect of increasing returns to scale on trade, I am not sure what you think is Marxist about it.

49 posted on 10/13/2008 6:29:15 PM PDT by AndyJackson
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To: AndyJackson
Ah, Andy m'friend. Read that wonderful little paper. You'll see, straightaway. I'll give you a hint: guess what Krugboy suggests as a remedy when geography ''interferes'' with what he describes as ''normal patterns of trade''.

Three guesses. First two don't count.

Have fun, laddy!

51 posted on 10/13/2008 6:38:09 PM PDT by SAJ
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