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Congrats to MIT Professor Diamond!

10/12/2010 12:05:00 AM
Congratulations to MIT professor Peter Diamond on winning the 2010 Nobel Prize in Economics (along with two other folks). 

Diamond, fellow American Dale Mortensen and Christopher Pissarides, a British and Cypriot citizen, were named the winners Monday for developing theories that help explain how economic policies affect unemployment.

One focus of Diamond's work has been on the unemployed and what it takes to get people back to work, especially after a recession.

President Barack Obama, who has nominated Diamond to the Federal Reserve board, congratulated him and Mortensen for "their groundbreaking economic research that has applications in a wide range of areas, like unemployment and housing."

I wonder what class he teaches at MIT.  Whatever it is, I probably should have taken it while I was there.  I just spent the long weekend studying calculus, macroeconomics, and statistics & probability for an interview that I have coming up this week.  No me gusta.

Click (here) for the rest of the article.


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