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Peter Diamond

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be no taxes on intermediate goods and imports. Another implication is that public and private sector production should be based on the same relative prices. In practice, one needs to consider if the assumptions of the DM world are likely to apply; nevertheless, the efficiency result is a useful benchmark against which to judge whether any policy violation of production efficiency is justified.
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The key idea is that when the government can control all consumer prices, the producer prices are independent from the consumer prices and the consumption decision part of the optimal taxation problem becomes independent of the production decision. The implication of the result is that there should
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The production side of the economy is independent from the consumption side of the economy (assumption i and ii): perfect competition and constant returns to scale implies no profits (if not producers would increase production infinitely and thus profits). This means that the income of consumers do
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policy as well as its analogs in other countries, such as China. In numerous journal articles and books, he has presented analyses of social welfare programs in general and the American Social Security Administration in particular. He has frequently proposed policy adjustments, such as incremental
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Diamond went on to discuss how his expertise would, he felt, have benefited the central bank and his opinion that "killed analytical thinking should not be drowned out by mistaken, ideologically driven views." In a statement, Shelby "wouldn't be drawn into a public spat with the nominee," saying
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It is characterised by 7 assumptions: i) perfect competition ii) constant returns to scale to production iii) lump sum taxation is not possible iv) there is a revenue requirement i.e. the government has to raise revenue to fund its expenditures v) full instrument set: the government has the
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The economy is not able to operate in a first-best world (assumption iii and iv): the government must raise revenue but is not able to raise this through lump sum taxation, thus a Pareto optimal allocation of resources is not possible. Note, this is the only irremovable distortion in the DM
380:. His grandparents immigrated to the U.S. at the turn of the 20th century. His mother's parents and six older siblings came from Poland. His father's parents met in New York, she came from Russia and he came from Romania. His parents, both born in 1908, grew up in 545:. He also detailed the consideration process, saying that in the first and second rounds, three Republicans had favored his confirmation. In the third, when his name was resubmitted in January 2011, the Republicans all followed ranking minority member Shelby (R, 530:. In August 2010, the Senate returned Diamond's nomination to the White House, effectively rejecting his nomination. President Obama renominated him in September. In June 2011, following a third round of consideration for the Fed seat, Diamond wrote in a 1519:, even though markets are competitive and externalities are absent. In particular, depending on the preferences and technology, the economy might find itself saving too much, pushing the capital stock above what Edmund Phelps called the 1562:
The government has a full instrument set that allows any configuration of prices to be achieved, which allows the government to bring about any configuration of relative consumer prices that is consistent with the revenue
477:(1984), and is a Founding Member of the National Academy of Social Insurance (1988). Diamond was the 2008 recipient of the Robert M. Ball Award for Outstanding Achievements in Social Insurance, awarded by NASI. As a 2527: 4099: 4990: 5085: 4985: 4980: 2520: 3474: 1539:
flexibility to levy taxes on all commodities and all factors of production in the economy vi) non-satiation in at least one good vii) individualistic social welfare function.
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not depend on the producer prices. In addition, this also means that the incidence of the tax would fall 100% on consumers. Again, this is an application of the
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The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010 Peter A. Diamond, Dale T. Mortensen, Christopher A. Pissarides
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to a setup where new individuals are continually being born and old individuals are continually dying. He built on a framework developed by
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column that he planned to withdraw his name. In the column, he strongly criticized the nomination process and "partisan polarization" in
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policy and his work as an advisor to the Advisory Council on Social Security in the late 1980s and 1990s. He was awarded the
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are two of his doctoral supervisees who won the John Bates Clark Medal for the best American economist under the age of 40.
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He started public school in the Bronx, and switched to suburban public schools in the second grade when the family moved to
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Samuelson, Paul A. (1958). "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money".
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simply "I have said many times that I commend Dr. Diamond's talent and career. I wish him the best in the future."
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and never lived outside the metropolitan area. Both finished high school and went to work, his father studying at
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Diamond, Peter A.; Mirrlees, James A. (1971). "Optimal Taxation and Public Production I: Production Efficiency".
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to be preserved throughout the economy. This result arises from the assumptions that characterise the DM world:
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at night while selling shoes during the day. They married in 1929. He has one brother, Richard, born in 1934.
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Naito, Hisahiro (January 25, 2004). "Redistribution, Production Inefficiency and Decentralized Efficiency".
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Since individuals born at different times attain different utility levels, it is not clear how to evaluate
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Documentary films on Peter Diamond, with critiques of his work, as part of the Nobel Perspectives project
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level. In this situation, government debt can crowd out capital and, in doing so, increase welfare.
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involved in making trades and hiring workers, which results in equilibrium unemployment.
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follows from a set of assumptions which characterise what can be called a 'DM world'.
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Diamond has been married to Kate (Priscilla Myrick) since 1966. They have two sons.
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in 1970, served as head of the Department of Economics in 1985–86 and was named an
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Under these assumptions, it can be shown that the second best allocation requires
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and an increase in the proportion of earnings that are subject to taxation.
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Diamond has focused much of his professional career on the analysis of U.S.
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Diamond has made fundamental contributions to a variety of areas, including
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by Peter A. Diamond and Peter R. Orszag, Apr. 2005, Brookings Web site.
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Diamond (1982) is one of the first papers which explicitly models the
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In 1968, Diamond was elected a fellow and served as president of the
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Biography In Context. 2010. Gale Document Number: GALE|K1650007280
1988:"National Academy of Social Insurance – Conferences & Events" 1804: 1600: 546: 1526: 2409: 2380: 2334: 1452: 248: 1555:: Pareto efficiency should be restored in independent markets. 316:. On June 6, 2011, he withdrew his nomination to serve on the 1849:"Trump science job nominees missing advanced science degrees" 1044: 820: 534: 419: 4991:
MIT School of Humanities, Arts, and Social Sciences faculty
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but small increases in social security contributions using
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as an associate professor in 1966. Diamond was promoted to
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Distinguished fellows of the American Economic Association
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MIT School of Humanities, Arts, and Social Sciences alumni
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Members of the United States National Academy of Sciences
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Nobel Laureate Diamond Withdraws Nomination to Fed Board
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download of paper available. Retrieved March 12, 2010.
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Fellows of the American Academy of Arts and Sciences
2370:including the Nobel Prize lecture 8 December 2010 598:In 2011 he received The John R. Commons Award from 5066:Lawrence High School (Cedarhurst, New York) alumni 2102:"Senate rejects Fed nominee Diamond before voting" 2473:Laureate of the Nobel Memorial Prize in Economics 2058:"Saving Social Security: The Diamond-Orszag Plan" 1636:Peter A. Diamond - Autobiography - Nobelprize.org 4947: 1571: 5076:Presidents of the American Economic Association 4109:Presidents of the American Economic Association 2283: 3216: 1857:. Honolulu. Associated Press. December 5, 2017 4093: 3468: 3202: 2521: 1878:: "Peter Diamond" retrieved January 11, 2014. 1533:Diamond–Mirrlees production efficiency result 1527:Diamond–Mirrlees production efficiency result 1477: 488:Diamond wrote a book on Social Security with 5096:Massachusetts Institute of Technology alumni 2541:Sveriges Riksbank Prize in Economic Sciences 498:Saving Social security: a balanced approach 492:, President Obama's former director of the 327: 5026:American people of Romanian-Jewish descent 4976:University of California, Berkeley faculty 4100: 4086: 3475: 3461: 3209: 3195: 2528: 2514: 2365: 1736:Essays on the economics of income taxation 1484: 1470: 320:'s board of governors, citing intractable 38: 5031:American people of Russian-Jewish descent 2238: 2074: 1964: 1962: 1960: 1958: 1956: 1954: 1952: 1678:The enforcement of collusion in oligopoly 1589: 1500:, from a representative infinitely-lived 575:In October 2010, Diamond was awarded the 465:. In 2003, he served as president of the 298:Nobel Memorial Prize in Economic Sciences 213:Nobel Memorial Prize in Economic Sciences 5021:American people of Polish-Jewish descent 2158:"Diamond exits fight for Fed board seat" 1702: 618: 331: 2147:, June 5, 2011. Retrieved June 6, 2011. 1760: 1706:The business cycle and the stock market 1647: 650: 4948: 1949: 1674: 1650:Sequential models in economic dynamics 794:Measures of national income and output 5046:Presidents of the Econometric Society 4081: 3456: 3190: 2509: 2310: 2080: 2006: 481:, in 2000 he taught economics at the 471:American Academy of Arts and Sciences 424:Massachusetts Institute of Technology 314:Massachusetts Institute of Technology 150:Massachusetts Institute of Technology 96:Massachusetts Institute of Technology 5091:National Bureau of Economic Research 2175: 1733: 3317:(Russia/Netherlands/United Kingdom) 2120:"Two Are Confirmed for Fed's Board" 511:In April 2010, Diamond, along with 13: 5036:Fellows of the Econometric Society 2048:listing. Retrieved March 12, 2010. 1648:Hellwig, Martin Friedrich (1973). 442:, from 1963 to 1965 and an acting 440:University of California, Berkeley 154:University of California, Berkeley 14: 5107: 2388:collected news and commentary at 2327: 2222:"Peter A. Diamond - Biographical" 2141:"When a Nobel Prize Isn't Enough" 572:) was once a student of Diamond. 366:Royal Swedish Academy of Sciences 255:Essays on optimal economic growth 5056:21st-century American economists 5051:20th-century American economists 5016:Economists from New York (state) 2333: 2081:Reddy, Sudeep (April 29, 2010), 1906:"Going to the head of the class" 1761:Kőszegi, Botond (June 8, 2000), 1603:tables to adjust for changes in 1451: 1439: 680: 577:Nobel Prize in Economic Sciences 2617:Leonid Vitaliyevich Kantorovich 2397:An interview with Peter Diamond 2304: 2277: 2232: 2214: 2200: 2188: 2176:Chan, Sewell (August 6, 2010). 2169: 2150: 2133: 2112: 2094: 2051: 2036: 1980: 1924: 1912: 1898: 1881: 1869: 602:, the economics honor society. 494:Office of Management and Budget 399:. He eventually graduated from 5071:People from Woodmere, New York 2372:Unemployment, Vacancies, Wages 1841: 1823: 1782: 1764:Essays in Behavioral Economics 1754: 1727: 1696: 1675:Levine, David Knudsen (1981). 1668: 1641: 1629: 1617:List of Jewish Nobel laureates 1399:Publications in macroeconomics 21:Peter Diamond (disambiguation) 16:American economist (born 1940) 1: 5041:Scientists from New York City 2437:American Economic Association 1795:Fairfax County Public Library 1622: 1572:Labor market search and match 657:Overlapping generations model 526:to fill the vacancies on the 479:Fulbright Distinguished Chair 467:American Economic Association 4966:Nobel laureates in Economics 2286:The American Economic Review 2242:Journal of Political Economy 1921:, Nobel Prize Official Site. 1496:Diamond (1965) extended the 475:National Academy of Sciences 7: 4048:Pinelopi Koujianou Goldberg 2033:. Retrieved March 12, 2010. 1610: 502:Brookings Institution Press 10: 5112: 5061:Jewish American economists 2609:Friedrich August von Hayek 1932:"Peter A. Diamond PhD '63" 1575: 1498:Ramsey–Cass–Koopmans model 1150:New neoclassical synthesis 1133:Real business-cycle theory 654: 593:London School of Economics 324:opposition for 14 months. 292:known for his analysis of 208:Nemmers Prize in Economics 18: 5006:American labor economists 4788: 4621: 4460: 4373:Oliver M. W. Sprague 4299: 4162: 4115: 3906: 3738: 3577: 3494: 3380: 3371:Christopher A. Pissarides 3349: 3330: 3305: 3281: 3257: 3226: 3007:Christopher A. Pissarides 2881: 2630: 2547: 2490: 2486:Christopher A. Pissarides 2470: 2458: 2453: 2443: 2430: 2422: 2417: 2402:October 12, 2010, at the 2351:December 1, 2010, at the 1703:Shleifer, Andrei (1986). 1553:theory of the second best 639:, search and matching in 589:Christopher A. Pissarides 504:). An earlier paper from 446:there before joining the 429: 342:Christopher A. Pissarides 306:Christopher A. Pissarides 275: 270: 266: 262: 247: 242: 238: 234: 230: 219: 203: 175: 163: 145: 127: 122: 118: 110: 82: 49: 37: 30: 5001:American macroeconomists 4971:American Nobel laureates 1889:"Home | MIT Hillel" 1155:Saltwater and freshwater 543:Senate Banking Committee 508:introduced their ideas. 473:(1978), a Member of the 469:. He is a Fellow of the 328:Early life and education 4689:Charles P. Kindleberger 4427:Emanuel A. Goldenweiser 3373:(Cyprus/United Kingdom) 3323:(Russia/United Kingdom) 1734:Saez, Emmanuel (1999). 1083:International economics 1008:Overlapping generations 585:Northwestern University 288:, 1940) is an American 225:IDEAS / RePEc 158:University of Cambridge 4594:John Kenneth Galbraith 3386:Nobel Prize recipients 3332:Physiology or Medicine 1974:June 13, 2010, at the 1876:Jewish Virtual Library 1790:"Peter Arthur Diamond" 1590:Social Security policy 1426:Mathematical economics 1177:Modern monetary theory 940:Universal basic income 555: 372:Diamond was born to a 369: 3830:Jean-Michel Grandmont 2728:James M. Buchanan Jr. 2063:May 19, 2011, at the 1994:on September 28, 2008 1578:Diamond coconut model 1576:Further information: 1544:production efficiency 1266:Wesley Clair Mitchell 1241:Thomas Robert Malthus 1078:Development economics 655:Further information: 619:Professional activity 600:Omicron Delta Epsilon 551: 528:Federal Reserve Board 506:Brookings Institution 335: 4647:Tjalling C. Koopmans 4260:Herbert J. Davenport 4170:Edwin R. A. Seligman 3879:Robert E. Lucas, Jr. 3849:Jean-Jacques Laffont 3321:Konstantin Novoselov 2991:Oliver E. Williamson 2621:Tjalling C. Koopmans 2466:Oliver E. Williamson 2342:at Wikimedia Commons 2228:on October 14, 2010. 2197:, official web site. 1969:MIT Curriculum Vitae 1801:Biography in Context 1003:Ramsey–Cass–Koopmans 843:Liquidity preference 651:Dynamic inefficiency 629:capital accumulation 401:Lawrence High School 346:Konstantin Novoselov 300:in 2010, along with 294:U.S. Social Security 282:Peter Arthur Diamond 140:Behavioral economics 54:Peter Arthur Diamond 19:For other uses, see 4996:Yale College alumni 4862:Christopher A. Sims 4761:Arnold C. Harberger 4725:Thomas C. Schelling 4683:Charles L. Schultze 4570:Kenneth E. Boulding 4522:Theodore W. Schultz 3987:Jean-Charles Rochet 3818:Anthony B. Atkinson 3538:John Maynard Keynes 3488:Econometric Society 3019:Christopher A. Sims 2947:Thomas C. Schelling 2919:Robert F. Engle III 2820:Robert E. Lucas Jr. 2668:Theodore W. Schultz 2498:Christopher A. Sims 2139:Diamond, Peter A., 2088:Wall Street Journal 1458:Business portal 1394:Macroeconomic model 1271:John Maynard Keynes 1068:Economic statistics 1013:General equilibrium 570:Chairman of the Fed 519:, was nominated by 483:University of Siena 463:Econometric Society 456:Institute Professor 444:associate professor 436:assistant professor 386:Brooklyn Law School 310:Institute Professor 243:Academic background 132:Political economics 4576:William J. Fellner 4552:Joseph J. Spengler 4540:Gottfried Haberler 4510:George W. Stocking 4504:Morris A. Copeland 4391:Frederick C. Mills 4331:Matthew B. Hammond 4284:Wesley C. Mitchell 4266:Jacob H. Hollander 3764:Franklin M. Fisher 3681:Hendrik Houthakker 3272:Mario Vargas Llosa 2935:Edward C. Prescott 2923:Clive W.J. Granger 2899:Joseph E. Stiglitz 2872:Daniel L. McFadden 2760:Harry M. Markowitz 2479:Served alongside: 2391:The New York Times 2364:on Nobelprize.org 2182:The New York Times 2145:The New York Times 2124:The New York Times 2022:The New York Times 1832:, Joshua Zumbrun, 1771:(published 2000), 1346:Edward C. Prescott 1073:Monetary economics 635:and risk sharing, 568:winner and former 517:Sarah Bloom Raskin 370: 5011:Public economists 4943: 4942: 4898:Olivier Blanchard 4886:Robert J. Shiller 4856:Orley Ashenfelter 4832:Thomas J. Sargent 4779:Dale W. Jorgenson 4713:Joseph A. Pechman 4665:William J. Baumol 4635:Lawrence R. Klein 4629:Franco Modigliani 4546:George J. Stigler 4528:Paul A. Samuelson 4439:Joseph Schumpeter 4349:William Z. Ripley 4343:George E. Barnett 4307:Edwin W. Kemmerer 4230:Walter F. Willcox 4182:Jeremiah W. Jenks 4129:Charles F. Dunbar 4123:Francis A. Walker 4075: 4074: 4066:Eliana La Ferrara 3957:Lars Peter Hansen 3945:Thomas J. Sargent 3855:Andreu Mas-Colell 3824:Hugo Sonnenschein 3782:James A. Mirrlees 3651:Franco Modigliani 3568:Tjalling Koopmans 3526:Joseph Schumpeter 3450: 3449: 3365:Dale T. Mortensen 3351:Economic Sciences 3340:Robert G. Edwards 3184: 3183: 3083:Richard H. Thaler 3047:Robert J. Shiller 3043:Lars Peter Hansen 3015:Thomas J. Sargent 3003:Dale T. Mortensen 2895:A. Michael Spence 2891:George A. Akerlof 2860:Robert A. Mundell 2828:James A. Mirrlees 2796:Douglass C. North 2768:William F. Sharpe 2720:Franco Modigliani 2696:George J. Stigler 2680:Lawrence R. Klein 2569:Paul A. Samuelson 2504: 2503: 2494:Thomas J. Sargent 2491:Succeeded by 2482:Dale T. Mortensen 2444:Succeeded by 2418:Academic offices 2338:Media related to 2108:. August 6, 2010. 1494: 1493: 1421:Political economy 1376:N. Gregory Mankiw 1366:Thomas J. Sargent 1211:Market monetarism 1025:Endogenous growth 855:National accounts 581:Dale T. Mortensen 405:bachelor's degree 338:Dale T. Mortensen 302:Dale T. Mortensen 279: 278: 136:Welfare economics 5103: 4874:William Nordhaus 4814:Martin Feldstein 4802:Robert Lucas Jr. 4659:Moses Abramovitz 4606:Walter W. Heller 4600:Kenneth J. Arrow 4582:Wassily Leontief 4480:Calvin B. Hoover 4468:John H. Williams 4367:Alvin S. Johnson 4337:Ernest L. Bogart 4254:Henry B. Gardner 4236:Thomas N. Carver 4147:Arthur T. Hadley 4102: 4095: 4088: 4079: 4078: 4042:Orazio Attanasio 4000:James J. Heckman 3995: 3969:Roger B. Myerson 3951:Richard Blundell 3939:Ariel Rubinstein 3928: 3891:Robert B. Wilson 3867:Christopher Sims 3838: 3669:Michio Morishima 3657:Edmond Malinvaud 3603:Wassily Leontief 3514:Harold Hotelling 3508:François Divisia 3477: 3470: 3463: 3454: 3453: 3388: 3342:(United Kingdom) 3211: 3204: 3197: 3188: 3187: 3177: 3169: 3167:Philip H. Dybvig 3150: 3131: 3129:Robert B. Wilson 3116: 3106:Abhijit Banerjee 3097: 3091:William Nordhaus 3085: 3077: 3065: 3057: 3049: 3033: 3031:Lloyd S. Shapley 3021: 3009: 2999:Peter A. Diamond 2993: 2981: 2973: 2971:Roger B. Myerson 2957: 2955:Edmund S. Phelps 2949: 2943:Robert J. Aumann 2937: 2925: 2913: 2901: 2874: 2868:James J. Heckman 2862: 2854: 2846: 2844:Myron S. Scholes 2840:Robert C. Merton 2834: 2822: 2814: 2808:John F. Nash Jr. 2804:John C. Harsanyi 2798: 2786: 2778: 2770: 2764:Merton H. Miller 2754: 2746: 2738: 2730: 2722: 2714: 2706: 2698: 2690: 2682: 2674: 2672:Sir Arthur Lewis 2662: 2660:Herbert A. Simon 2654: 2642: 2623: 2611: 2599: 2597:Wassily Leontief 2591: 2589:Kenneth J. Arrow 2579: 2571: 2563: 2530: 2523: 2516: 2507: 2506: 2459:Preceded by 2447:Martin Feldstein 2426:Robert Lucas Jr. 2423:Preceded by 2415: 2414: 2386:Peter A. Diamond 2369: 2337: 2321: 2320: 2308: 2302: 2301: 2281: 2275: 2274: 2236: 2230: 2229: 2224:. Archived from 2218: 2212: 2211: 2204: 2198: 2192: 2186: 2185: 2173: 2167: 2154: 2148: 2137: 2131: 2129: 2116: 2110: 2109: 2098: 2092: 2091: 2078: 2072: 2055: 2049: 2040: 2034: 2032: 2028: 2010: 2004: 2003: 2001: 1999: 1990:. Archived from 1984: 1978: 1966: 1947: 1946: 1944: 1942: 1928: 1922: 1916: 1910: 1909: 1902: 1896: 1895: 1893: 1885: 1879: 1873: 1867: 1866: 1864: 1862: 1845: 1839: 1827: 1821: 1820: 1818: 1816: 1798: 1786: 1780: 1779: 1758: 1752: 1751: 1731: 1725: 1724: 1722: 1720: 1711: 1700: 1694: 1693: 1691: 1689: 1672: 1666: 1665: 1645: 1639: 1633: 1517:Pareto efficient 1486: 1479: 1472: 1456: 1455: 1446:Money portal 1444: 1443: 1442: 1356:William Nordhaus 1341:Robert Lucas Jr. 1231:François Quesnay 867:Nominal rigidity 838:Demand for money 816:Microfoundations 752:Financial crisis 732:Effective demand 702:Aggregate supply 697:Aggregate demand 684: 661: 660: 645:social insurance 637:optimal taxation 287: 67: 63: 61: 42: 28: 27: 5111: 5110: 5106: 5105: 5104: 5102: 5101: 5100: 4946: 4945: 4944: 4939: 4922:Christina Romer 4820:Daniel McFadden 4784: 4773:D. Gale Johnson 4767:Robert W. Fogel 4755:Anne O. Krueger 4749:Victor R. Fuchs 4731:William Vickrey 4695:Alice M. Rivlin 4677:W. Arthur Lewis 4653:Robert M. Solow 4617: 4612:R. Aaron Gordon 4564:Milton Friedman 4534:Edward S. Mason 4516:Arthur F. Burns 4474:Harold A. Innis 4456: 4445:Howard S. Ellis 4421:I. Leo Sharfman 4415:Joseph S. Davis 4409:Albert B. Wolfe 4403:Edwin G. Nourse 4397:Sumner Slichter 4355:Harry A. Millis 4313:Thomas S. Adams 4295: 4272:Henry R. Seager 4242:John R. Commons 4212:Frank A. Fetter 4206:Henry W. Farnam 4200:Edmund J. James 4188:Simon N. Patten 4158: 4111: 4106: 4076: 4071: 4054:Guido Tabellini 4006:Manuel Arellano 3989: 3981:Bengt Holmström 3963:Torsten Persson 3922: 3902: 3897:Elhanan Helpman 3873:Roger Guesnerie 3861:Takashi Negishi 3832: 3800:Daniel McFadden 3770:J. Denis Sargan 3752:Lionel McKenzie 3734: 3621:Trygve Haavelmo 3573: 3532:Wesley Mitchell 3490: 3481: 3451: 3446: 3384: 3376: 3367:(United States) 3361:(United States) 3345: 3326: 3301: 3277: 3253: 3242:Ei-ichi Negishi 3238:(United States) 3236:Richard F. Heck 3222: 3215: 3185: 3180: 3172: 3163:Douglas Diamond 3153: 3134: 3119: 3100: 3088: 3080: 3075:Bengt Holmström 3068: 3060: 3052: 3036: 3024: 3012: 2996: 2984: 2976: 2960: 2952: 2940: 2931:Finn E. Kydland 2928: 2916: 2911:Vernon L. Smith 2907:Daniel Kahneman 2904: 2888: 2877: 2865: 2857: 2849: 2837: 2832:William Vickrey 2825: 2817: 2812:Reinhard Selten 2801: 2792:Robert W. Fogel 2789: 2781: 2776:Ronald H. Coase 2773: 2757: 2752:Trygve Haavelmo 2749: 2741: 2736:Robert M. Solow 2733: 2725: 2717: 2709: 2701: 2693: 2685: 2677: 2665: 2657: 2645: 2640:Milton Friedman 2637: 2626: 2614: 2602: 2594: 2582: 2574: 2566: 2554: 2543: 2534: 2500: 2496: 2478: 2476: 2468: 2464: 2449: 2440: 2428: 2406:, July 12, 2006 2404:Wayback Machine 2353:Wayback Machine 2330: 2325: 2324: 2309: 2305: 2282: 2278: 2237: 2233: 2220: 2219: 2215: 2206: 2205: 2201: 2193: 2189: 2174: 2170: 2155: 2151: 2138: 2134: 2127: 2117: 2113: 2100: 2099: 2095: 2079: 2075: 2065:Wayback Machine 2056: 2052: 2041: 2037: 2030: 2026: 2011: 2007: 1997: 1995: 1986: 1985: 1981: 1976:Wayback Machine 1967: 1950: 1940: 1938: 1930: 1929: 1925: 1917: 1913: 1904: 1903: 1899: 1891: 1887: 1886: 1882: 1874: 1870: 1860: 1858: 1854:Star-Advertiser 1847: 1846: 1842: 1838:, June 6, 2011. 1828: 1824: 1814: 1812: 1792: 1788: 1787: 1783: 1759: 1755: 1732: 1728: 1718: 1716: 1709: 1701: 1697: 1687: 1685: 1673: 1669: 1646: 1642: 1634: 1630: 1625: 1613: 1605:life expectancy 1596:Social Security 1592: 1580: 1574: 1529: 1490: 1450: 1440: 1438: 1431: 1430: 1389: 1381: 1380: 1361:Joseph Stiglitz 1321:Milton Friedman 1301:Friedrich Hayek 1226: 1216: 1215: 1098: 1088: 1087: 1058: 1050: 1049: 1035:Mundell–Fleming 1030:Matching theory 968:Keynesian cross 953: 945: 944: 915: 907: 906: 692: 659: 653: 633:capital markets 625:government debt 621: 606:Andrei Shleifer 490:Peter R. Orszag 432: 416:Yale University 408:summa cum laude 403:. He earned a 358:Ei-ichi Negishi 336:Peter Diamond, 330: 318:Federal Reserve 285: 211: 196: 192: 190:Andrei Shleifer 188: 186:David K. Levine 184: 177: 165: 156: 152: 138: 134: 123:Academic career 94: 87:Yale University 78: 68: 65: 59: 57: 56: 55: 45: 44:Diamond in 2010 33: 24: 17: 12: 11: 5: 5109: 5099: 5098: 5093: 5088: 5083: 5078: 5073: 5068: 5063: 5058: 5053: 5048: 5043: 5038: 5033: 5028: 5023: 5018: 5013: 5008: 5003: 4998: 4993: 4988: 4983: 4978: 4973: 4968: 4963: 4958: 4941: 4940: 4938: 4937: 4931: 4925: 4919: 4913: 4907: 4901: 4895: 4889: 4883: 4880:Richard Thaler 4877: 4871: 4868:Claudia Goldin 4865: 4859: 4853: 4847: 4841: 4835: 4829: 4826:George Akerlof 4823: 4817: 4811: 4805: 4799: 4792: 4790: 4786: 4785: 4783: 4782: 4776: 4770: 4764: 4758: 4752: 4746: 4740: 4734: 4728: 4722: 4716: 4710: 4704: 4701:Gary S. Becker 4698: 4692: 4686: 4680: 4674: 4671:Gardner Ackley 4668: 4662: 4656: 4650: 4644: 4641:Jacob Marschak 4638: 4632: 4625: 4623: 4619: 4618: 4616: 4615: 4609: 4603: 4597: 4591: 4585: 4579: 4573: 4567: 4561: 4555: 4549: 4543: 4537: 4531: 4525: 4519: 4513: 4507: 4501: 4498:Edwin E. Witte 4495: 4489: 4483: 4477: 4471: 4464: 4462: 4458: 4457: 4455: 4454: 4448: 4442: 4436: 4430: 4424: 4418: 4412: 4406: 4400: 4394: 4388: 4382: 4376: 4370: 4364: 4358: 4352: 4346: 4340: 4334: 4328: 4322: 4319:Fred M. Taylor 4316: 4310: 4303: 4301: 4297: 4296: 4294: 4293: 4290:Allyn A. Young 4287: 4281: 4275: 4269: 4263: 4257: 4251: 4245: 4239: 4233: 4227: 4221: 4215: 4209: 4203: 4197: 4194:Davis R. Dewey 4191: 4185: 4179: 4173: 4166: 4164: 4160: 4159: 4157: 4156: 4153:Richard T. Ely 4150: 4144: 4141:Henry C. Adams 4138: 4132: 4126: 4119: 4117: 4113: 4112: 4105: 4104: 4097: 4090: 4082: 4073: 4072: 4070: 4069: 4063: 4057: 4051: 4045: 4039: 4036:Stephen Morris 4033: 4027: 4024:Drew Fudenberg 4021: 4015: 4009: 4003: 3997: 3984: 3978: 3972: 3966: 3960: 3954: 3948: 3942: 3936: 3930: 3917: 3910: 3908: 3904: 3903: 3901: 3900: 3894: 3888: 3882: 3876: 3870: 3864: 3858: 3852: 3846: 3840: 3827: 3821: 3815: 3812:Dale Jorgenson 3809: 3803: 3797: 3794:Amartya K. Sen 3791: 3785: 3779: 3773: 3767: 3761: 3755: 3749: 3746:Hirofumi Uzawa 3742: 3740: 3736: 3735: 3733: 3732: 3726: 3720: 3714: 3708: 3702: 3696: 3693:Leonid Hurwicz 3690: 3684: 3678: 3672: 3666: 3660: 3654: 3648: 3642: 3639:Lawrence Klein 3636: 3633:Marcel Boiteux 3630: 3624: 3618: 3612: 3606: 3600: 3594: 3591:Paul Samuelson 3588: 3585:R. G. D. Allen 3581: 3579: 3575: 3574: 3572: 3571: 3565: 3559: 3553: 3547: 3544:Jacob Marschak 3541: 3535: 3529: 3523: 3517: 3511: 3505: 3498: 3496: 3492: 3491: 3480: 3479: 3472: 3465: 3457: 3448: 3447: 3445: 3444: 3439: 3434: 3429: 3424: 3419: 3414: 3409: 3404: 3399: 3394: 3389: 3381: 3378: 3377: 3375: 3374: 3368: 3362: 3355: 3353: 3347: 3346: 3344: 3343: 3336: 3334: 3328: 3327: 3325: 3324: 3318: 3311: 3309: 3303: 3302: 3300: 3299: 3292: 3290: 3279: 3278: 3276: 3275: 3268: 3266: 3255: 3254: 3252: 3251: 3245: 3239: 3232: 3230: 3224: 3223: 3214: 3213: 3206: 3199: 3191: 3182: 3181: 3179: 3178: 3175:Claudia Goldin 3170: 3151: 3144:Joshua Angrist 3132: 3117: 3114:Michael Kremer 3098: 3086: 3078: 3066: 3058: 3050: 3039:Eugene F. Fama 3034: 3022: 3010: 2994: 2982: 2974: 2967:Eric S. Maskin 2963:Leonid Hurwicz 2958: 2950: 2938: 2926: 2914: 2902: 2885: 2883: 2879: 2878: 2876: 2875: 2863: 2855: 2847: 2835: 2823: 2815: 2799: 2787: 2784:Gary S. Becker 2779: 2771: 2755: 2747: 2744:Maurice Allais 2739: 2731: 2723: 2715: 2707: 2699: 2691: 2683: 2675: 2663: 2655: 2652:James E. Meade 2643: 2634: 2632: 2628: 2627: 2625: 2624: 2612: 2600: 2592: 2580: 2572: 2564: 2551: 2549: 2545: 2544: 2533: 2532: 2525: 2518: 2510: 2502: 2501: 2492: 2489: 2469: 2460: 2456: 2455: 2451: 2450: 2445: 2442: 2429: 2424: 2420: 2419: 2413: 2412: 2407: 2394: 2383: 2374: 2359: 2343: 2329: 2328:External links 2326: 2323: 2322: 2303: 2276: 2255:10.1086/258100 2249:(6): 467–482. 2231: 2213: 2199: 2187: 2168: 2149: 2132: 2118:Chan, Sewell, 2111: 2093: 2073: 2050: 2035: 2005: 1979: 1948: 1923: 1911: 1897: 1880: 1868: 1840: 1835:Bloomberg News 1822: 1781: 1753: 1726: 1695: 1667: 1640: 1627: 1626: 1624: 1621: 1620: 1619: 1612: 1609: 1591: 1588: 1584:search process 1573: 1570: 1565: 1564: 1560: 1556: 1528: 1525: 1513:social welfare 1506:Paul Samuelson 1492: 1491: 1489: 1488: 1481: 1474: 1466: 1463: 1462: 1461: 1460: 1448: 1433: 1432: 1429: 1428: 1423: 1418: 1416:Microeconomics 1413: 1412: 1411: 1401: 1396: 1390: 1387: 1386: 1383: 1382: 1379: 1378: 1373: 1368: 1363: 1358: 1353: 1348: 1343: 1338: 1333: 1331:Lawrence Klein 1328: 1326:Paul Samuelson 1323: 1318: 1313: 1308: 1303: 1298: 1293: 1288: 1283: 1281:Michał Kalecki 1278: 1273: 1268: 1263: 1258: 1253: 1248: 1243: 1238: 1233: 1227: 1222: 1221: 1218: 1217: 1214: 1213: 1208: 1203: 1201:Disequilibrium 1198: 1197: 1196: 1189:Post-Keynesian 1186: 1181: 1180: 1179: 1169: 1158: 1157: 1152: 1147: 1142: 1137: 1136: 1135: 1125: 1120: 1119: 1118: 1113: 1099: 1094: 1093: 1090: 1089: 1086: 1085: 1080: 1075: 1070: 1065: 1059: 1057:Related fields 1056: 1055: 1052: 1051: 1048: 1047: 1042: 1037: 1032: 1027: 1022: 1021: 1020: 1010: 1005: 1000: 995: 990: 985: 983:Phillips curve 980: 975: 970: 965: 960: 954: 951: 950: 947: 946: 943: 942: 937: 932: 927: 922: 916: 913: 912: 909: 908: 905: 904: 899: 894: 889: 884: 879: 874: 869: 864: 863: 862: 852: 847: 846: 845: 835: 833:Money creation 830: 829: 828: 818: 813: 812: 811: 806: 801: 791: 789:Liquidity trap 786: 781: 776: 775: 774: 769: 759: 754: 749: 748: 747: 742: 734: 729: 724: 719: 714: 709: 707:Business cycle 704: 699: 693: 691:Basic concepts 690: 689: 686: 685: 677: 676: 674:Macroeconomics 670: 669: 652: 649: 620: 617: 532:New York Times 452:full professor 431: 428: 418:(1960), and a 329: 326: 277: 276: 273: 272: 268: 267: 264: 263: 260: 259: 251: 245: 244: 240: 239: 236: 235: 232: 231: 228: 227: 217: 216: 205: 201: 200: 198:Botond Kőszegi 182:Martin Hellwig 179: 173: 172: 167: 161: 160: 147: 143: 142: 129: 125: 124: 120: 119: 116: 115: 112: 108: 107: 84: 80: 79: 69: 64:April 29, 1940 53: 51: 47: 46: 43: 35: 34: 31: 15: 9: 6: 4: 3: 2: 5108: 5097: 5094: 5092: 5089: 5087: 5084: 5082: 5079: 5077: 5074: 5072: 5069: 5067: 5064: 5062: 5059: 5057: 5054: 5052: 5049: 5047: 5044: 5042: 5039: 5037: 5034: 5032: 5029: 5027: 5024: 5022: 5019: 5017: 5014: 5012: 5009: 5007: 5004: 5002: 4999: 4997: 4994: 4992: 4989: 4987: 4984: 4982: 4979: 4977: 4974: 4972: 4969: 4967: 4964: 4962: 4961:Living people 4959: 4957: 4954: 4953: 4951: 4935: 4932: 4929: 4926: 4923: 4920: 4917: 4914: 4911: 4908: 4905: 4902: 4899: 4896: 4893: 4892:Alvin E. Roth 4890: 4887: 4884: 4881: 4878: 4875: 4872: 4869: 4866: 4863: 4860: 4857: 4854: 4851: 4848: 4845: 4842: 4839: 4838:Avinash Dixit 4836: 4833: 4830: 4827: 4824: 4821: 4818: 4815: 4812: 4809: 4808:Peter Diamond 4806: 4803: 4800: 4797: 4796:Sherwin Rosen 4794: 4793: 4791: 4787: 4780: 4777: 4774: 4771: 4768: 4765: 4762: 4759: 4756: 4753: 4750: 4747: 4744: 4741: 4738: 4737:Zvi Griliches 4735: 4732: 4729: 4726: 4723: 4720: 4719:Gérard Debreu 4717: 4714: 4711: 4708: 4707:Robert Eisner 4705: 4702: 4699: 4696: 4693: 4690: 4687: 4684: 4681: 4678: 4675: 4672: 4669: 4666: 4663: 4660: 4657: 4654: 4651: 4648: 4645: 4642: 4639: 4636: 4633: 4630: 4627: 4626: 4624: 4620: 4613: 4610: 4607: 4604: 4601: 4598: 4595: 4592: 4589: 4586: 4583: 4580: 4577: 4574: 4571: 4568: 4565: 4562: 4559: 4558:Fritz Machlup 4556: 4553: 4550: 4547: 4544: 4541: 4538: 4535: 4532: 4529: 4526: 4523: 4520: 4517: 4514: 4511: 4508: 4505: 4502: 4499: 4496: 4493: 4492:John D. Black 4490: 4487: 4486:Simon Kuznets 4484: 4481: 4478: 4475: 4472: 4469: 4466: 4465: 4463: 4459: 4452: 4449: 4446: 4443: 4440: 4437: 4434: 4431: 4428: 4425: 4422: 4419: 4416: 4413: 4410: 4407: 4404: 4401: 4398: 4395: 4392: 4389: 4386: 4383: 4380: 4377: 4374: 4371: 4368: 4365: 4362: 4361:John M. Clark 4359: 4356: 4353: 4350: 4347: 4344: 4341: 4338: 4335: 4332: 4329: 4326: 4323: 4320: 4317: 4314: 4311: 4308: 4305: 4304: 4302: 4298: 4291: 4288: 4285: 4282: 4279: 4278:Carl C. Plehn 4276: 4273: 4270: 4267: 4264: 4261: 4258: 4255: 4252: 4249: 4248:Irving Fisher 4246: 4243: 4240: 4237: 4234: 4231: 4228: 4225: 4222: 4219: 4216: 4213: 4210: 4207: 4204: 4201: 4198: 4195: 4192: 4189: 4186: 4183: 4180: 4177: 4176:F. W. Taussig 4174: 4171: 4168: 4167: 4165: 4161: 4154: 4151: 4148: 4145: 4142: 4139: 4136: 4135:John B. Clark 4133: 4130: 4127: 4124: 4121: 4120: 4118: 4114: 4110: 4103: 4098: 4096: 4091: 4089: 4084: 4083: 4080: 4067: 4064: 4061: 4058: 4055: 4052: 4049: 4046: 4043: 4040: 4037: 4034: 4031: 4028: 4025: 4022: 4019: 4016: 4013: 4012:Robert Porter 4010: 4007: 4004: 4001: 3998: 3993: 3988: 3985: 3982: 3979: 3976: 3975:John H. Moore 3973: 3970: 3967: 3964: 3961: 3958: 3955: 3952: 3949: 3946: 3943: 3940: 3937: 3934: 3931: 3926: 3921: 3918: 3915: 3914:Avinash Dixit 3912: 3911: 3909: 3905: 3898: 3895: 3892: 3889: 3886: 3883: 3880: 3877: 3874: 3871: 3868: 3865: 3862: 3859: 3856: 3853: 3850: 3847: 3844: 3843:Peter Diamond 3841: 3836: 3831: 3828: 3825: 3822: 3819: 3816: 3813: 3810: 3807: 3806:Michael Bruno 3804: 3801: 3798: 3795: 3792: 3789: 3788:Herbert Scarf 3786: 3783: 3780: 3777: 3774: 3771: 3768: 3765: 3762: 3759: 3756: 3753: 3750: 3747: 3744: 3743: 3741: 3737: 3730: 3729:Zvi Griliches 3727: 3724: 3721: 3718: 3715: 3712: 3709: 3706: 3705:Gérard Debreu 3703: 3700: 3699:Jacques Drèze 3697: 3694: 3691: 3688: 3685: 3682: 3679: 3676: 3673: 3670: 3667: 3664: 3661: 3658: 3655: 3652: 3649: 3646: 3643: 3640: 3637: 3634: 3631: 3628: 3625: 3622: 3619: 3616: 3615:Kenneth Arrow 3613: 3610: 3609:Richard Stone 3607: 3604: 3601: 3598: 3595: 3592: 3589: 3586: 3583: 3582: 3580: 3576: 3569: 3566: 3563: 3562:Ragnar Frisch 3560: 3557: 3554: 3551: 3550:Jan Tinbergen 3548: 3545: 3542: 3539: 3536: 3533: 3530: 3527: 3524: 3521: 3520:Arthur Bowley 3518: 3515: 3512: 3509: 3506: 3503: 3502:Irving Fisher 3500: 3499: 3497: 3493: 3489: 3485: 3478: 3473: 3471: 3466: 3464: 3459: 3458: 3455: 3443: 3440: 3438: 3435: 3433: 3430: 3428: 3425: 3423: 3420: 3418: 3415: 3413: 3410: 3408: 3405: 3403: 3400: 3398: 3395: 3393: 3390: 3387: 3383: 3382: 3379: 3372: 3369: 3366: 3363: 3360: 3359:Peter Diamond 3357: 3356: 3354: 3352: 3348: 3341: 3338: 3337: 3335: 3333: 3329: 3322: 3319: 3316: 3313: 3312: 3310: 3308: 3304: 3297: 3294: 3293: 3291: 3288: 3284: 3280: 3273: 3270: 3269: 3267: 3264: 3260: 3256: 3249: 3246: 3243: 3240: 3237: 3234: 3233: 3231: 3229: 3225: 3220: 3212: 3207: 3205: 3200: 3198: 3193: 3192: 3189: 3176: 3171: 3168: 3164: 3160: 3156: 3152: 3149: 3145: 3141: 3137: 3133: 3130: 3126: 3122: 3118: 3115: 3111: 3107: 3103: 3099: 3096: 3092: 3087: 3084: 3079: 3076: 3072: 3067: 3064: 3059: 3056: 3051: 3048: 3044: 3040: 3035: 3032: 3028: 3027:Alvin E. Roth 3023: 3020: 3016: 3011: 3008: 3004: 3000: 2995: 2992: 2988: 2987:Elinor Ostrom 2983: 2980: 2975: 2972: 2968: 2964: 2959: 2956: 2951: 2948: 2944: 2939: 2936: 2932: 2927: 2924: 2920: 2915: 2912: 2908: 2903: 2900: 2896: 2892: 2887: 2886: 2884: 2880: 2873: 2869: 2864: 2861: 2856: 2853: 2848: 2845: 2841: 2836: 2833: 2829: 2824: 2821: 2816: 2813: 2809: 2805: 2800: 2797: 2793: 2788: 2785: 2780: 2777: 2772: 2769: 2765: 2761: 2756: 2753: 2748: 2745: 2740: 2737: 2732: 2729: 2724: 2721: 2716: 2713: 2712:Richard Stone 2708: 2705: 2704:Gérard Debreu 2700: 2697: 2692: 2689: 2684: 2681: 2676: 2673: 2669: 2664: 2661: 2656: 2653: 2649: 2644: 2641: 2636: 2635: 2633: 2629: 2622: 2618: 2613: 2610: 2606: 2605:Gunnar Myrdal 2601: 2598: 2593: 2590: 2586: 2585:John R. Hicks 2581: 2578: 2577:Simon Kuznets 2573: 2570: 2565: 2562: 2561:Jan Tinbergen 2558: 2557:Ragnar Frisch 2553: 2552: 2550: 2546: 2542: 2538: 2531: 2526: 2524: 2519: 2517: 2512: 2511: 2508: 2499: 2495: 2488: 2487: 2483: 2475: 2474: 2467: 2463: 2462:Elinor Ostrom 2457: 2452: 2448: 2439: 2438: 2434: 2427: 2421: 2416: 2411: 2408: 2405: 2401: 2398: 2395: 2393: 2392: 2387: 2384: 2382: 2378: 2375: 2373: 2368: 2363: 2362:Peter Diamond 2360: 2358: 2354: 2350: 2347: 2346:Peter Diamond 2344: 2341: 2340:Peter Diamond 2336: 2332: 2331: 2318: 2314: 2307: 2299: 2295: 2291: 2287: 2280: 2272: 2268: 2264: 2260: 2256: 2252: 2248: 2244: 2243: 2235: 2227: 2223: 2217: 2209: 2203: 2196: 2191: 2183: 2179: 2172: 2165: 2164: 2159: 2153: 2146: 2142: 2136: 2125: 2121: 2115: 2107: 2103: 2097: 2090: 2089: 2084: 2077: 2070: 2066: 2062: 2059: 2054: 2047: 2044: 2043:Book overview 2039: 2024: 2023: 2018: 2014: 2009: 1993: 1989: 1983: 1977: 1973: 1970: 1965: 1963: 1961: 1959: 1957: 1955: 1953: 1941:September 13, 1937: 1933: 1927: 1920: 1919:Autobiography 1915: 1907: 1901: 1890: 1884: 1877: 1872: 1856: 1855: 1850: 1844: 1837: 1836: 1831: 1826: 1810: 1806: 1802: 1796: 1791: 1785: 1778: 1774: 1770: 1766: 1765: 1757: 1749: 1745: 1741: 1737: 1730: 1715: 1708: 1707: 1699: 1684: 1680: 1679: 1671: 1663: 1659: 1655: 1651: 1644: 1638:, PDF page 2. 1637: 1632: 1628: 1618: 1615: 1614: 1608: 1606: 1602: 1597: 1587: 1585: 1579: 1569: 1561: 1557: 1554: 1549: 1548: 1547: 1545: 1540: 1536: 1534: 1524: 1522: 1518: 1514: 1509: 1507: 1503: 1499: 1487: 1482: 1480: 1475: 1473: 1468: 1467: 1465: 1464: 1459: 1454: 1449: 1447: 1437: 1436: 1435: 1434: 1427: 1424: 1422: 1419: 1417: 1414: 1410: 1407: 1406: 1405: 1402: 1400: 1397: 1395: 1392: 1391: 1385: 1384: 1377: 1374: 1372: 1369: 1367: 1364: 1362: 1359: 1357: 1354: 1352: 1351:Peter Diamond 1349: 1347: 1344: 1342: 1339: 1337: 1336:Edmund Phelps 1334: 1332: 1329: 1327: 1324: 1322: 1319: 1317: 1314: 1312: 1311:Richard Stone 1309: 1307: 1304: 1302: 1299: 1297: 1296:Joan Robinson 1294: 1292: 1291:Simon Kuznets 1289: 1287: 1286:Gunnar Myrdal 1284: 1282: 1279: 1277: 1274: 1272: 1269: 1267: 1264: 1262: 1261:Irving Fisher 1259: 1257: 1256:Knut Wicksell 1254: 1252: 1249: 1247: 1244: 1242: 1239: 1237: 1234: 1232: 1229: 1228: 1225: 1220: 1219: 1212: 1209: 1207: 1204: 1202: 1199: 1195: 1192: 1191: 1190: 1187: 1185: 1182: 1178: 1175: 1174: 1173: 1170: 1168: 1165: 1164: 1163: 1162: 1156: 1153: 1151: 1148: 1146: 1143: 1141: 1138: 1134: 1131: 1130: 1129: 1128:New classical 1126: 1124: 1121: 1117: 1114: 1112: 1109: 1108: 1107: 1104: 1103: 1102: 1097: 1092: 1091: 1084: 1081: 1079: 1076: 1074: 1071: 1069: 1066: 1064: 1061: 1060: 1054: 1053: 1046: 1043: 1041: 1038: 1036: 1033: 1031: 1028: 1026: 1023: 1019: 1016: 1015: 1014: 1011: 1009: 1006: 1004: 1001: 999: 996: 994: 991: 989: 986: 984: 981: 979: 976: 974: 971: 969: 966: 964: 961: 959: 956: 955: 949: 948: 941: 938: 936: 933: 931: 928: 926: 923: 921: 918: 917: 911: 910: 903: 900: 898: 895: 893: 890: 888: 885: 883: 882:Shrinkflation 880: 878: 875: 873: 870: 868: 865: 861: 858: 857: 856: 853: 851: 848: 844: 841: 840: 839: 836: 834: 831: 827: 824: 823: 822: 819: 817: 814: 810: 807: 805: 802: 800: 797: 796: 795: 792: 790: 787: 785: 782: 780: 779:Interest rate 777: 773: 770: 768: 765: 764: 763: 760: 758: 755: 753: 750: 746: 743: 741: 738: 737: 736:Expectations 735: 733: 730: 728: 725: 723: 720: 718: 715: 713: 710: 708: 705: 703: 700: 698: 695: 694: 688: 687: 683: 679: 678: 675: 672: 671: 667: 663: 662: 658: 648: 646: 642: 641:labor markets 638: 634: 630: 626: 616: 613: 611: 610:Emmanuel Saez 607: 603: 601: 596: 594: 590: 586: 582: 579:, along with 578: 573: 571: 567: 563: 559: 554: 550: 548: 544: 540: 536: 533: 529: 525: 522: 518: 514: 509: 507: 503: 499: 495: 491: 486: 484: 480: 476: 472: 468: 464: 459: 457: 453: 449: 445: 441: 437: 427: 425: 421: 417: 413: 409: 406: 402: 398: 394: 389: 387: 383: 382:New York City 379: 378:New York City 375: 368:in Stockholm. 367: 363: 359: 355: 351: 347: 343: 339: 334: 325: 323: 319: 315: 311: 307: 303: 299: 295: 291: 283: 274: 269: 265: 261: 257: 256: 252: 250: 246: 241: 237: 233: 229: 226: 222: 218: 214: 209: 206: 202: 199: 195: 194:Emmanuel Saez 191: 187: 183: 180: 174: 171: 168: 162: 159: 155: 151: 148: 144: 141: 137: 133: 130: 126: 121: 117: 113: 109: 105: 101: 97: 92: 88: 85: 81: 76: 72: 71:New York City 66:(age 84) 52: 48: 41: 36: 32:Peter Diamond 29: 26: 22: 4934:Janet Currie 4910:Janet Yellen 4904:Ben Bernanke 4844:Angus Deaton 4807: 4789:2001–present 4451:Frank Knight 4433:Paul Douglas 4379:Alvin Hansen 4325:Edwin F. Gay 4224:John H. Gray 4218:David Kinley 4060:Rosa Matzkin 3907:2001–present 3842: 3776:Marc Nerlove 3758:János Kornai 3723:Don Patinkin 3711:W. M. Gorman 3663:Robert Solow 3556:Charles Roos 3416: 3358: 3274:(Peru/Spain) 3248:Akira Suzuki 3159:Ben Bernanke 3148:Guido Imbens 3125:Paul Milgrom 3110:Esther Duflo 3063:Angus Deaton 2998: 2979:Paul Krugman 2882:2001–present 2648:Bertil Ohlin 2480: 2477:2010 2471: 2431: 2389: 2371: 2306: 2289: 2285: 2279: 2246: 2240: 2234: 2226:the original 2216: 2202: 2190: 2181: 2171: 2161: 2156:Robb, Greg, 2152: 2144: 2135: 2128:September 30 2123: 2114: 2105: 2096: 2086: 2076: 2053: 2046:Google Books 2038: 2020: 2013:Chan, Sewell 2008: 1996:. Retrieved 1992:the original 1982: 1939:. Retrieved 1935: 1926: 1914: 1900: 1883: 1871: 1859:. Retrieved 1852: 1843: 1833: 1825: 1813:. Retrieved 1800: 1784: 1777:1721.1/74883 1763: 1756: 1748:1721.1/38434 1735: 1729: 1717:. Retrieved 1705: 1698: 1686:. Retrieved 1677: 1670: 1662:1721.1/13930 1649: 1643: 1631: 1593: 1581: 1566: 1563:requirement. 1541: 1537: 1532: 1530: 1510: 1495: 1371:Paul Krugman 1350: 1316:Hyman Minsky 1276:Alvin Hansen 1160: 1159: 1100: 1063:Econometrics 1040:Overshooting 993:Harrod–Domar 988:Arrow–Debreu 935:Central bank 902:Unemployment 892:Supply shock 850:Money supply 727:Disinflation 722:Demand shock 622: 614: 604: 597: 574: 562:Ben Bernanke 560: 556: 552: 531: 524:Barack Obama 513:Janet Yellen 510: 497: 487: 460: 433: 407: 390: 371: 362:Richard Heck 354:Akira Suzuki 281: 280: 258: (1963) 254: 170:Robert Solow 146:Institutions 25: 4956:1940 births 4928:Susan Athey 4850:Robert Hall 4743:Amartya Sen 4588:James Tobin 4385:Jacob Viner 4018:Eddie Dekel 3990: [ 3933:Eric Maskin 3923: [ 3920:Guy Laroque 3885:Jean Tirole 3833: [ 3675:Herman Wold 3645:Henri Theil 3627:James Tobin 3540:(1944–1945) 3534:(1942–1943) 3528:(1940–1941) 3522:(1938–1939) 3516:(1936–1937) 3504:(1931–1934) 3219:Nobel Prize 3071:Oliver Hart 3055:Jean Tirole 2852:Amartya Sen 2688:James Tobin 2377:Appearances 2292:(1): 8–27. 2163:MarketWatch 1861:December 5, 1688:February 8, 1521:Golden Rule 1251:Léon Walras 1145:Supply-side 978:Accelerator 887:Stagflation 872:Price level 767:Demand-pull 566:Nobel Prize 448:MIT faculty 412:mathematics 397:Long Island 308:. He is an 221:Information 114:Kate Myrick 4950:Categories 4916:David Card 4030:Tim Besley 3717:Roy Radner 3687:Frank Hahn 3484:Presidents 3315:Andre Geim 3296:Liu Xiaobo 3259:Literature 3140:David Card 3095:Paul Romer 2441:2003–2004 1793:(fee, via 1767:(Thesis), 1623:References 1306:John Hicks 1236:Adam Smith 1194:Circuitism 1184:Ecological 1172:Chartalism 1123:Monetarism 1101:Mainstream 998:Solow–Swan 973:Multiplier 930:Commercial 826:Endogenous 784:Investment 539:Washington 500:(2004,-5, 434:He was an 376:family in 350:Andre Geim 322:Republican 60:1940-04-29 4622:1976–2000 4461:1951–1975 4300:1926–1950 4163:1901–1925 4116:1886–1900 3739:1976–2000 3578:1951–1975 3495:1931–1950 3228:Chemistry 3221:laureates 2631:1976–2000 2548:1969–1975 2537:Laureates 2433:President 2271:153586213 1738:(Ph.D.). 1712:(Ph.D.). 1681:(Ph.D.). 1652:(Ph.D.). 1601:actuarial 1404:Economics 1246:Karl Marx 1161:Heterodox 1140:Stockholm 1106:Keynesian 877:Recession 772:Cost-push 762:Inflation 717:Deflation 591:from the 521:President 496:, titled 458:in 1997. 290:economist 83:Education 3597:René Roy 2400:Archived 2349:Archived 2061:Archived 2029:, 2010, 2027:March 12 1972:Archived 1815:June 13, 1611:See also 1388:See also 1167:Austrian 925:Monetary 914:Policies 745:Rational 740:Adaptive 666:a series 664:Part of 426:(1963). 393:Woodmere 286:April 29 178:students 176:Doctoral 164:Doctoral 75:New York 3486:of the 3307:Physics 3298:(China) 3250:(Japan) 3244:(Japan) 2539:of the 2454:Awards 2435:of the 2298:1910538 2263:1826989 2106:Reuters 2031:2:30 pm 1998:May 30, 1805:Detroit 1719:May 21, 1409:Applied 1206:Marxian 1096:Schools 547:Alabama 438:at the 422:at the 312:at the 210:(1994) 166:advisor 4936:(2024) 4930:(2023) 4924:(2022) 4918:(2021) 4912:(2020) 4906:(2019) 4900:(2018) 4894:(2017) 4888:(2016) 4882:(2015) 4876:(2014) 4870:(2013) 4864:(2012) 4858:(2011) 4852:(2010) 4846:(2009) 4840:(2008) 4834:(2007) 4828:(2006) 4822:(2005) 4816:(2004) 4810:(2003) 4804:(2002) 4798:(2001) 4781:(2000) 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3417:2010 3283:Peace 3217:2010 2294:JSTOR 2267:S2CID 2259:JSTOR 1892:(PDF) 1710:(PDF) 1502:agent 1045:NAIRU 963:AD–AS 958:IS–LM 821:Money 583:from 535:op-ed 420:Ph.D. 414:from 395:, on 271:Notes 128:Field 3442:2015 3437:2014 3432:2013 3427:2012 3422:2011 3412:2009 3407:2008 3402:2007 3397:2006 3392:2005 3287:2010 3263:2010 3155:2022 3136:2021 3121:2020 3102:2019 2313:SSRN 2000:2008 1943:2022 1863:2017 1817:2011 1809:Gale 1721:2017 1690:2017 1531:The 1111:Neo- 1018:DSGE 712:CAGR 627:and 608:and 587:and 515:and 304:and 50:Born 2379:on 2357:MIT 2355:at 2251:doi 2069:PDF 1936:MIT 1773:hdl 1769:MIT 1744:hdl 1740:MIT 1714:MIT 1683:MIT 1658:hdl 1654:MIT 1116:New 860:SNA 809:NNI 804:GNI 799:GDP 410:in 223:at 104:PhD 4952:: 3992:ru 3925:fr 3835:de 3165:/ 3161:/ 3157:: 3146:/ 3142:/ 3138:: 3127:/ 3123:: 3112:/ 3108:/ 3104:: 3093:/ 3073:/ 3045:/ 3041:/ 3029:/ 3017:/ 3005:/ 3001:/ 2989:/ 2969:/ 2965:/ 2945:/ 2933:/ 2921:/ 2909:/ 2897:/ 2893:/ 2870:/ 2842:/ 2830:/ 2810:/ 2806:/ 2794:/ 2766:/ 2762:/ 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Index

Peter Diamond (disambiguation)

New York City
New York
Yale University
BA
Massachusetts Institute of Technology
MA
PhD
Political economics
Welfare economics
Behavioral economics
Massachusetts Institute of Technology
University of California, Berkeley
University of Cambridge
Robert Solow
Martin Hellwig
David K. Levine
Andrei Shleifer
Emmanuel Saez
Botond Kőszegi
Nemmers Prize in Economics
Nobel Memorial Prize in Economic Sciences
Information
IDEAS / RePEc
Thesis
Essays on optimal economic growth
economist
U.S. Social Security
Nobel Memorial Prize in Economic Sciences

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