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1 (of 15) Paul Krugman receiving his Prize from His Majesty King Carl XVI Gustaf of Sweden at the Stockholm Concert Hall, 10 December 2008. Copyright © The Nobel Foundation 2008
Photo: Hans Mehlin

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2 (of 15) Paul Krugman after receiving his Prize at the Stockholm Concert Hall, 10 December 2008. Copyright © The Nobel Foundation 2008
Photo: Hans Mehlin

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3 (of 15) Paul Krugman arrives accompanied by Princess Madeleine of Sweden to the Nobel Banquet in the Blue Hall of the Stockholm City Hall on 10 December 2008. Copyright © The Nobel Foundation 2008 Photo: Georgios Athanasiadis

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4 (of 15) Seated at the table of honour at the Nobel Banquet are (from left to right): Nobel Laureate in Chemistry Roger Tsien, Princess Madeleine and Laureate in Economic Sciences Paul Krugman. Copyright © The Nobel Foundation 2008 Photo: Georgios Athanasiadis

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5 (of 15) Paul Krugman delivering his banquet speech.

© Nobel Media AB 2008. Photo: Hans Mehlin

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6 (of 15) The 2008 Nobel Laureates assembled for a group photo during their visit to the Nobel Foundation, 12 December 2008. Back row, left to right: Nobel Laureates in Chemistry Osamu Shimomura and Martin Chalfie, Nobel Laureate in Literature Jean-Marie Gustave Le Clézio, Economics Laureate Paul Krugman and Nobel Laureate in Physiology or Medicine Harald zur Hausen. Front row, left to right: Nobel Laureate in Chemistry Roger Y. Tsien, Nobel Laureates in Physics Makoto Kobayashi and Toshihide Maskawa and Nobel Laureate in Physiology or Medicine Françoise Barré-Sinoussi and Luc Montagnier.

Copyright © The Nobel Foundation 2008 Photo: Mia Åkermark

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7 (of 15) Paul Krugman (left) during the Nobel Foundation reception at the Nordic Museum in Stockholm, 9 December 2008.

Copyright © The Nobel Foundation 2008

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8 (of 15) Paul Krugman delivering his Prize Lecture at the Aula Magna, Stockholm University, 8 December 2008. Copyright © Nobel Media AB 2008
Photo: Annalisa Andersson

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9 (of 15) Paul Krugman during the reception at the Royal Swedish Academy of Sciences in Stockholm, 7 December 2008.

Copyright © The Nobel Foundation 2008

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10 (of 15) Paul Krugman at his interview with Nobelprize.org in Stockholm, 6 December 2008. Copyright © Nobel Media AB 2008
Photo: Merci Olsson

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11 (of 15) Paul Krugman, like many Laureates before him, autographs a chair at Kafé Satir at the Nobel Museum in Stockholm, 6 December 2008.

Copyright © The Nobel Museum 2008 Photo: Christine Olsson

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12 (of 15) Paul Krugman at a press conference at Princeton University, 13 October 2008.

Copyright © Princeton University Photo: Brian Wilson

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13 (of 15) Princeton faculty, students, administrators and members of the media packed Dodds Auditorium in Robertson Hall for a press conference in honour of Paul Krugman's Economics Prize.

Copyright © Princeton University Photo: Brian Wilson

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14 (of 15) Paul Krugman answering questions at a press conference at Princeton University, 13 October 2008.

Copyright © Princeton University Photo: Brian Wilson

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15 (of 15) Paul Krugman (left), 2008 Economics Laureate, with John F. Nash Jr. (right), 1994 Economics Laureate.

Copyright © Princeton University Photo: Brian Wilson