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University of Iowa News Release


March 16, 2009

Nobel laureate Krugman to deliver law school's Levitt Lecture

Nobel economics laureate and New York Times columnist Paul Krugman will discuss the U.S. economy when he delivers the University of Iowa College of Law's annual Levitt Lecture at 4 p.m. Friday, March 27 in MacBride Auditorium.

Admission to Krugman's lecture, "Improving the U.S. Economy in the Short and Long Term," is free and open to the public.

Krugman won the Nobel Prize for Economics in 2008 for his work on international trade and economic geography, which studies the economic dynamics that determine how and why certain places -- like Silicon Valley -- end up specializing economically and the advantages this kind of clustering brings to companies and economies.

Also a professor of economics at Princeton University, Krugman has written a twice-weekly op-ed column about economics for the New York Times since 1999. He recently re-released his book "The Return of Depression Economics," which was originally published in 1999. In the book, Krugman surveyed the economic crises that swept Asia and Latin America in the 1990s and warned that, like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression were making a comeback.

Krugman earned his B.A. from Yale University and his Ph.D. from MIT. He taught at Yale, MIT and Stanford University before joining the Princeton faculty in 2000. He also served on President Ronald Reagan's Council of Economic Advisors in 1982 and 1983.

Krugman has written more than 200 papers and 20 books. Among his best-sellers are "The Conscience of a Liberal," "The Great Unraveling: Losing Our Way in the New Century," and "The Accidental Theorist and other Dispatches from the Dismal Science."

The Richard S. Levitt Family Distinguished Lectureship was created in 1995 through a generous endowment gift from the Levitt family to the Iowa Law School Foundation. The purpose of the Levitt Lectures is to bring to the Iowa campus distinguished national and international figures in law and government to present timely lectures to students, faculty and alumni of the College of Law. Prior Levitt Lecturers include U.S. Supreme Court Justice John Paul Stevens, former U.S. Attorney General Janet Reno, former U.S. general Wesley Clark, former Republic of Ireland President Mary Robinson, New York Times columnist Thomas Friedman, and four Nobel Peace Prize winners: Elie Wiesel, Abba Eban, Bishop Desmond Tutu and John Hume.

STORY SOURCE: University of Iowa News Service, 300 Plaza Centre One, Iowa City, Iowa 52242-2500

MEDIA CONTACT: Lois Gray, 319-384-0070,