Jagdish Bhagwati deserves the Nobel

If justice someday prevails, and Jagdish Bhagwati (my great guru) is finally awarded the Nobel Prize in Economics, it will mark a shamefully belated recognition for the most important international trade economist of his generation—that generation falling between Bertil Ohlin and James Meade, who shared the prize in 1977, and Bhagwati’s student, Paul Krugman, who won solo in 2008.

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