"Three of them for having won (highly deservedly) the Nobel prize and one for having been a beacon of light and guidance during the latest crisis..."

---by Dani Rodrik 
 
Well, there might be a revival of location choice study in international economics (New Economy Geography), say, agglomeration. 

 

Also, I think that Helpman deserves co-winner due to New Trade Theory.

I first got to know this finding when I attended the presentation by John Romalis in Midwest International Economics Conference. It is interesting and exciting. But I am not sure about this if we think about classic trade theory, in particular, Stolper-Samuelson Theorem. It might be very interesting to look more about it.

 

This remarkable finding is that

 

(I was marking students' midterms with a question related to Stolper-Samuelson Theorem yesterday. It seems to me that some classic theories remain vital and they might spur new subsequent research around some central issues.)