Krugman Predicts End of US Auto Industry

Paul Krugman, Nobel prize winning economist, has predicted the end of the US auto industry. Although this has been widely reported elsewhere, I think it’s interesting to note the reason Krugman quotes: “It will do so because of the geographical forces that me and my colleagues have discussed…” So if anyone gives you flak for geography, tell’em geography matters. Nobel prize winners say so!

UPDATE – Apparently there was a misquote at Huffington Post, but the geography parts are still important :-)

Share:

Written by

The author didnt add any Information to his profile yet