August 6, 2010
The Senate sent the nomination of
Peter Diamond, one of President Barack Obama’s three nominees for the Federal Reserve Board, back to the White House because of objections from at least one lawmaker. ...While Diamond, 70, may still win confirmation, it’s a snag for the Massachusetts Institute of Technology economics professor who once taught Fed Chairman Ben S. Bernanke. Alabama Senator Richard Shelby, the senior Republican on the Banking Committee, said last week that Diamond, while a “skilled economist,” may not be qualified to make decisions on monetary policy.
http://www.bloomberg.com/news/2010-08-06/obama-fed-board-pick-diamond-gets-referred-back-to-white-house-by-senate.html I wonder whatever happened to this Peter Diamond guy who wasn't qualified enough to be a Fed member?3 Share Nobel Economics Prize for Labor AnalysisPublished: October 11, 2010
The 2010 Nobel Memorial Prize in Economic Science was awarded on Monday to
Peter A. Diamond, Dale T. Mortensen and Christopher A. Pissarides for their work on markets where buyers and sellers have difficulty finding each other, and in particular on the difficulties of fitting people to the right jobs.
http://www.nytimes.com/2010/10/12/business/economy/12nobel.html?_r=1&hp