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Paul Krugman wins the Nobel

Paul Krugman, a Professor and columnist has won the nobel for Economics this year for his work on 'analysis of trade patterns and location of economic activity'. Aged 55, he writes a column for New York Times pretty much like the one Swaminathan S. Aiyer writes for The Time of India titled Swaminomics . Where he explains different economic issues in the language of the layman. Simplifying a subject matter, without compromising with the content, has been my interest for a long time.

Quote

"All resources, like land, minerals, trees, are all needed by human beings. As it is limited, we compete for them. So those who have power can access them and decide who can and can’t use them. Those who feel they are not given the opportunity, they react and seek justice. They are being denied human rights, and this is how conflicts, and eventually, wars start. So I’m trying to tell the world that if you want to live peacefully, we must manage these limited resources. We must share them and not too many should feel they are being excluded. We need a governance that respects the rule of law and human rights and that of minorities, who don’t have the political power to defend themselves." Wangari Maathai, the winner of the Nobel Peace Prize 2004, also the first African woman to do so, spoke these words during an Interview by Shekhar Gupta on the program 'Walk the Talk' on NDTV.