The Theory of Interstellar Trade

The Theory of Interstellar Trade[1] is a paper on hypothetical space trade written in 1978 by Nobel Prize winner in economics Paul Krugman. The paper was first published in March 2010 in the journal Economic Inquiry.[2] He described the paper as something he wrote to cheer himself up when he was an "oppressed assistant professor" caught up in the academic rat race.[3]

Commentary

Responding to the paper, the economist Tyler Cowen speculated on how time travel affects time preference discounting.[4]

References

  1. ^ Krugman, Paul (1978), "The Theory of Interstellar Trade", July 1978
  2. ^ Paul Krugman. "The Theory of Interstellar Trade", Economic Inquiry, March 2010.
  3. ^ Paul Krugman, "Economics: the final frontier", The New York Times, March 11, 2008
  4. ^ Tyler Cowen, "The theory of interstellar trade", Marginal Revolution, March 11, 2008
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