Nobel prize-winning economist Paul Krugman (centre L) sits next to Vietnamese deputy Prime Minister Nguyen Sinh Hung (C) as they attend a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in the world economy and post-financial crisis, in Hanoi on May 22, 2009. The worst of the global economic crisis is probably over but any early recovery is unlikely due to massive debts worldwide, said Krugman earlier in the week. Getty Images logo Getty Images 5 months ago

Nobel prize-winning economist Paul Krugman (centre L) sits next to Vietnamese deputy Prime Minister Nguyen Sinh Hung (C) as they attend a meeting with Vietnamese economists and officials over recommendations on Vietnam's development strategy in the world economy and post-financial crisis, in Hanoi on May 22, 2009. The worst of the global economic crisis is probably over but any early recovery is unlikely due to massive debts worldwide, said Krugman earlier in the week.

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  1. Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009.
  2. Nobel Prize winning economist Paul Krugman smiles during the World Business Forum in New York October 7, 2009.
  3. Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009.
  4. Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009.
  5. Nobel Prize winning economist Paul Krugman speaks during the World Business Forum in New York October 7, 2009.
  6. Nobel Prize-winning economist Paul Krugman speaks at the World Knowledge Forum in Seoul October 14, 2009.
  7. Nobel Prize-winning economist Paul Krugman speaks at a press conference during the World Knowledge Forum in Seoul, South Korea, Wednesday, Oct. 14, 2009. Krugman said that central banks should fight the urge to raise interest rates until the global economy shows stronger signs of recovery and joblessness begins to decline.
  8. Nobel Memorial Prize-winning economist Paul Krugman speaks in a press conference during the World Knowledge Forum in Seoul, South Korea, Wednesday, Oct. 14, 2009.
  9. Sword-swallower Dan Meyer, left, has a sword removed from his throat by a group of Nobel laureates including the 2008 Nobel prize winner in economics Paul Krugman, front right, during a skit at the Ig Nobel prize awards ceremony, on the campus of Harvard University, in Cambridge, Mass., Thursday, Oct. 1, 2009.
  10. In this book cover released by W.W. Norton & Co., "The Return of Depression Economics and the Crisis of 2008," by Paul Krugman, is shown.

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