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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
391:. 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 556:. 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, 541:. 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 1530:, 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 1573:
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
488:(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 2538: 4110: 5001: 5096: 4996: 4991: 2531: 3485: 1550:
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
1999:"National Academy of Social Insurance – Conferences & Events" 1815: 1611: 557: 1537: 2420: 2391: 2345: 1463: 259: 1566:: Pareto efficiency should be restored in independent markets. 327:. On June 6, 2011, he withdrew his nomination to serve on the 1860:"Trump science job nominees missing advanced science degrees" 1055: 831: 545: 430: 5002:
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
1519:, who had termed it "an exact consumption-loan model." 606:"for their analysis of markets with search frictions". 2177:, June 6, 2011, 11:55 a.m. EDT. Retrieved May 7, 2011. 2094:"Obama Nominates Yellen, Raskin, Diamond to Fed Board" 2082:
download of paper available. Retrieved March 12, 2010.
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Fellows of the American Academy of Arts and Sciences
2381:including the Nobel Prize lecture 8 December 2010 609:In 2011 he received The John R. Commons Award from 5077:Lawrence High School (Cedarhurst, New York) alumni 2113:"Senate rejects Fed nominee Diamond before voting" 2484:Laureate of the Nobel Memorial Prize in Economics 2069:"Saving Social Security: The Diamond-Orszag Plan" 1647:Peter A. Diamond - Autobiography - Nobelprize.org 4958: 1582: 5087:Presidents of the American Economic Association 4120:Presidents of the American Economic Association 2294: 3227: 1868:. Honolulu. Associated Press. December 5, 2017 4104: 3479: 3213: 2532: 1889:: "Peter Diamond" retrieved January 11, 2014. 1544:Diamond–Mirrlees production efficiency result 1538:Diamond–Mirrlees production efficiency result 1488: 499:Diamond wrote a book on Social Security with 5107:Massachusetts Institute of Technology alumni 2552:Sveriges Riksbank Prize in Economic Sciences 509:Saving Social security: a balanced approach 503:, President Obama's former director of the 338: 5037:American people of Romanian-Jewish descent 4987:University of California, Berkeley faculty 4111: 4097: 3486: 3472: 3220: 3206: 2539: 2525: 2376: 1747:Essays on the economics of income taxation 1495: 1481: 331:'s board of governors, citing intractable 49: 5042:American people of Russian-Jewish descent 2249: 2085: 1975: 1973: 1971: 1969: 1967: 1965: 1963: 1689:The enforcement of collusion in oligopoly 1600: 1511:, from a representative infinitely-lived 586:In October 2010, Diamond was awarded the 476:. In 2003, he served as president of the 309:Nobel Memorial Prize in Economic Sciences 224:Nobel Memorial Prize in Economic Sciences 5032:American people of Polish-Jewish descent 2169:"Diamond exits fight for Fed board seat" 1713: 629: 342: 2158:, June 5, 2011. Retrieved June 6, 2011. 1771: 1717:The business cycle and the stock market 1658: 661: 14: 4959: 1960: 1685: 1661:Sequential models in economic dynamics 805:Measures of national income and output 5057:Presidents of the Econometric Society 4092: 3467: 3201: 2520: 2321: 2091: 2017: 492:, in 2000 he taught economics at the 482:American Academy of Arts and Sciences 435:Massachusetts Institute of Technology 325:Massachusetts Institute of Technology 161:Massachusetts Institute of Technology 107:Massachusetts Institute of Technology 5102:National Bureau of Economic Research 2186: 1744: 3328:(Russia/Netherlands/United Kingdom) 2131:"Two Are Confirmed for Fed's Board" 522:In April 2010, Diamond, along with 24: 5047:Fellows of the Econometric Society 2059:listing. Retrieved March 12, 2010. 1659:Hellwig, Martin Friedrich (1973). 453:, from 1963 to 1965 and an acting 451:University of California, Berkeley 165:University of California, Berkeley 25: 5118: 2399:collected news and commentary at 2338: 2233:"Peter A. Diamond - Biographical" 2152:"When a Nobel Prize Isn't Enough" 583:) was once a student of Diamond. 377:Royal Swedish Academy of Sciences 266:Essays on optimal economic growth 5067:21st-century American economists 5062:20th-century American economists 5027:Economists from New York (state) 2344: 2092:Reddy, Sudeep (April 29, 2010), 1917:"Going to the head of the class" 1772:Kőszegi, Botond (June 8, 2000), 1614:tables to adjust for changes in 1462: 1450: 691: 588:Nobel Prize in Economic Sciences 2628:Leonid Vitaliyevich Kantorovich 2408:An interview with Peter Diamond 2315: 2288: 2243: 2225: 2211: 2199: 2187:Chan, Sewell (August 6, 2010). 2180: 2161: 2144: 2123: 2105: 2062: 2047: 1991: 1935: 1923: 1909: 1892: 1880: 613:, the economics honor society. 505:Office of Management and Budget 410:. He eventually graduated from 5082:People from Woodmere, New York 2383:Unemployment, Vacancies, Wages 1852: 1834: 1793: 1775:Essays in Behavioral Economics 1765: 1738: 1707: 1686:Levine, David Knudsen (1981). 1679: 1652: 1640: 1628:List of Jewish Nobel laureates 1410:Publications in macroeconomics 32:Peter Diamond (disambiguation) 27:American economist (born 1940) 13: 1: 5052:Scientists from New York City 2448:American Economic Association 1806:Fairfax County Public Library 1633: 1583:Labor market search and match 668:Overlapping generations model 537:to fill the vacancies on the 490:Fulbright Distinguished Chair 478:American Economic Association 4977:Nobel laureates in Economics 2297:The American Economic Review 2253:Journal of Political Economy 1932:, Nobel Prize Official Site. 1507:Diamond (1965) extended the 486:National Academy of Sciences 7: 4059:Pinelopi Koujianou Goldberg 2044:. Retrieved March 12, 2010. 1621: 513:Brookings Institution Press 10: 5123: 5072:Jewish American economists 2620:Friedrich August von Hayek 1943:"Peter A. Diamond PhD '63" 1586: 1509:Ramsey–Cass–Koopmans model 1161:New neoclassical synthesis 1144:Real business-cycle theory 665: 604:London School of Economics 335:opposition for 14 months. 303:known for his analysis of 219:Nemmers Prize in Economics 29: 5017:American labor economists 4799: 4632: 4471: 4384:Oliver M. W. Sprague 4310: 4173: 4126: 3917: 3749: 3588: 3505: 3391: 3382:Christopher A. Pissarides 3360: 3341: 3316: 3292: 3268: 3237: 3018:Christopher A. Pissarides 2892: 2641: 2558: 2501: 2497:Christopher A. Pissarides 2481: 2469: 2464: 2454: 2441: 2433: 2428: 2413:October 12, 2010, at the 2362:December 1, 2010, at the 1714:Shleifer, Andrei (1986). 1564:theory of the second best 650:, search and matching in 600:Christopher A. Pissarides 515:). An earlier paper from 457:there before joining the 440: 353:Christopher A. Pissarides 317:Christopher A. Pissarides 286: 281: 277: 273: 258: 253: 249: 245: 241: 230: 214: 186: 174: 156: 138: 133: 129: 121: 93: 60: 48: 41: 5012:American macroeconomists 4982:American Nobel laureates 1900:"Home | MIT Hillel" 1166:Saltwater and freshwater 554:Senate Banking Committee 519:introduced their ideas. 484:(1978), a Member of the 480:. He is a Fellow of the 339:Early life and education 4700:Charles P. Kindleberger 4438:Emanuel A. Goldenweiser 3384:(Cyprus/United Kingdom) 3334:(Russia/United Kingdom) 1745:Saez, Emmanuel (1999). 1094:International economics 1019:Overlapping generations 596:Northwestern University 299:, 1940) is an American 236:IDEAS / RePEc 169:University of Cambridge 4605:John Kenneth Galbraith 3397:Nobel Prize recipients 3343:Physiology or Medicine 1985:June 13, 2010, at the 1887:Jewish Virtual Library 1801:"Peter Arthur Diamond" 1601:Social Security policy 1437:Mathematical economics 1188:Modern monetary theory 951:Universal basic income 566: 383:Diamond was born to a 380: 3841:Jean-Michel Grandmont 2739:James M. Buchanan Jr. 2074:May 19, 2011, at the 2005:on September 28, 2008 1589:Diamond coconut model 1587:Further information: 1555:production efficiency 1277:Wesley Clair Mitchell 1252:Thomas Robert Malthus 1089:Development economics 666:Further information: 630:Professional activity 611:Omicron Delta Epsilon 562: 539:Federal Reserve Board 517:Brookings Institution 346: 4658:Tjalling C. Koopmans 4271:Herbert J. Davenport 4181:Edwin R. A. Seligman 3890:Robert E. Lucas, Jr. 3860:Jean-Jacques Laffont 3332:Konstantin Novoselov 3002:Oliver E. Williamson 2632:Tjalling C. Koopmans 2477:Oliver E. Williamson 2353:at Wikimedia Commons 2239:on October 14, 2010. 2208:, official web site. 1980:MIT Curriculum Vitae 1812:Biography in Context 1014:Ramsey–Cass–Koopmans 854:Liquidity preference 662:Dynamic inefficiency 640:capital accumulation 412:Lawrence High School 357:Konstantin Novoselov 311:in 2010, along with 305:U.S. Social Security 293:Peter Arthur Diamond 151:Behavioral economics 65:Peter Arthur Diamond 30:For other uses, see 5007:Yale College alumni 4873:Christopher A. Sims 4772:Arnold C. Harberger 4736:Thomas C. Schelling 4694:Charles L. Schultze 4581:Kenneth E. Boulding 4533:Theodore W. Schultz 3998:Jean-Charles Rochet 3829:Anthony B. Atkinson 3549:John Maynard Keynes 3499:Econometric Society 3030:Christopher A. Sims 2958:Thomas C. Schelling 2930:Robert F. Engle III 2831:Robert E. Lucas Jr. 2679:Theodore W. Schultz 2509:Christopher A. Sims 2150:Diamond, Peter A., 2099:Wall Street Journal 1469:Business portal 1405:Macroeconomic model 1282:John Maynard Keynes 1079:Economic statistics 1024:General equilibrium 581:Chairman of the Fed 530:, was nominated by 494:University of Siena 474:Econometric Society 467:Institute Professor 455:associate professor 447:assistant professor 397:Brooklyn Law School 321:Institute Professor 254:Academic background 143:Political economics 4587:William J. Fellner 4563:Joseph J. Spengler 4551:Gottfried Haberler 4521:George W. Stocking 4515:Morris A. Copeland 4402:Frederick C. Mills 4342:Matthew B. Hammond 4295:Wesley C. Mitchell 4277:Jacob H. Hollander 3775:Franklin M. Fisher 3692:Hendrik Houthakker 3283:Mario Vargas Llosa 2946:Edward C. Prescott 2934:Clive W.J. Granger 2910:Joseph E. Stiglitz 2883:Daniel L. McFadden 2771:Harry M. Markowitz 2490:Served alongside: 2402:The New York Times 2375:on Nobelprize.org 2193:The New York Times 2156:The New York Times 2135:The New York Times 2033:The New York Times 1843:, Joshua Zumbrun, 1782:(published 2000), 1357:Edward C. Prescott 1084:Monetary economics 646:and risk sharing, 579:winner and former 528:Sarah Bloom Raskin 381: 5022:Public economists 4954: 4953: 4909:Olivier Blanchard 4897:Robert J. Shiller 4867:Orley Ashenfelter 4843:Thomas J. Sargent 4790:Dale W. Jorgenson 4724:Joseph A. Pechman 4676:William J. Baumol 4646:Lawrence R. Klein 4640:Franco Modigliani 4557:George J. Stigler 4539:Paul A. Samuelson 4450:Joseph Schumpeter 4360:William Z. Ripley 4354:George E. Barnett 4318:Edwin W. Kemmerer 4241:Walter F. Willcox 4193:Jeremiah W. Jenks 4140:Charles F. Dunbar 4134:Francis A. Walker 4086: 4085: 4077:Eliana La Ferrara 3968:Lars Peter Hansen 3956:Thomas J. Sargent 3866:Andreu Mas-Colell 3835:Hugo Sonnenschein 3793:James A. Mirrlees 3662:Franco Modigliani 3579:Tjalling Koopmans 3537:Joseph Schumpeter 3461: 3460: 3376:Dale T. Mortensen 3362:Economic Sciences 3351:Robert G. Edwards 3195: 3194: 3094:Richard H. Thaler 3058:Robert J. Shiller 3054:Lars Peter Hansen 3026:Thomas J. Sargent 3014:Dale T. Mortensen 2906:A. Michael Spence 2902:George A. Akerlof 2871:Robert A. Mundell 2839:James A. Mirrlees 2807:Douglass C. North 2779:William F. Sharpe 2731:Franco Modigliani 2707:George J. Stigler 2691:Lawrence R. Klein 2580:Paul A. Samuelson 2515: 2514: 2505:Thomas J. Sargent 2502:Succeeded by 2493:Dale T. Mortensen 2455:Succeeded by 2429:Academic offices 2349:Media related to 2119:. August 6, 2010. 1505: 1504: 1432:Political economy 1387:N. Gregory Mankiw 1377:Thomas J. Sargent 1222:Market monetarism 1036:Endogenous growth 866:National accounts 592:Dale T. Mortensen 416:bachelor's degree 349:Dale T. Mortensen 313:Dale T. Mortensen 290: 289: 147:Welfare economics 16:(Redirected from 5114: 4885:William Nordhaus 4825:Martin Feldstein 4813:Robert Lucas Jr. 4670:Moses Abramovitz 4617:Walter W. Heller 4611:Kenneth J. Arrow 4593:Wassily Leontief 4491:Calvin B. Hoover 4479:John H. Williams 4378:Alvin S. Johnson 4348:Ernest L. Bogart 4265:Henry B. Gardner 4247:Thomas N. Carver 4158:Arthur T. Hadley 4113: 4106: 4099: 4090: 4089: 4053:Orazio Attanasio 4011:James J. Heckman 4006: 3980:Roger B. Myerson 3962:Richard Blundell 3950:Ariel Rubinstein 3939: 3902:Robert B. Wilson 3878:Christopher Sims 3849: 3680:Michio Morishima 3668:Edmond Malinvaud 3614:Wassily Leontief 3525:Harold Hotelling 3519:François Divisia 3488: 3481: 3474: 3465: 3464: 3399: 3353:(United Kingdom) 3222: 3215: 3208: 3199: 3198: 3188: 3180: 3178:Philip H. Dybvig 3161: 3142: 3140:Robert B. Wilson 3127: 3117:Abhijit Banerjee 3108: 3102:William Nordhaus 3096: 3088: 3076: 3068: 3060: 3044: 3042:Lloyd S. Shapley 3032: 3020: 3010:Peter A. Diamond 3004: 2992: 2984: 2982:Roger B. Myerson 2968: 2966:Edmund S. Phelps 2960: 2954:Robert J. Aumann 2948: 2936: 2924: 2912: 2885: 2879:James J. Heckman 2873: 2865: 2857: 2855:Myron S. Scholes 2851:Robert C. Merton 2845: 2833: 2825: 2819:John F. Nash Jr. 2815:John C. Harsanyi 2809: 2797: 2789: 2781: 2775:Merton H. Miller 2765: 2757: 2749: 2741: 2733: 2725: 2717: 2709: 2701: 2693: 2685: 2683:Sir Arthur Lewis 2673: 2671:Herbert A. Simon 2665: 2653: 2634: 2622: 2610: 2608:Wassily Leontief 2602: 2600:Kenneth J. Arrow 2590: 2582: 2574: 2541: 2534: 2527: 2518: 2517: 2470:Preceded by 2458:Martin Feldstein 2437:Robert Lucas Jr. 2434:Preceded by 2426: 2425: 2397:Peter A. Diamond 2380: 2348: 2332: 2331: 2319: 2313: 2312: 2292: 2286: 2285: 2247: 2241: 2240: 2235:. Archived from 2229: 2223: 2222: 2215: 2209: 2203: 2197: 2196: 2184: 2178: 2165: 2159: 2148: 2142: 2140: 2127: 2121: 2120: 2109: 2103: 2102: 2089: 2083: 2066: 2060: 2051: 2045: 2043: 2039: 2021: 2015: 2014: 2012: 2010: 2001:. Archived from 1995: 1989: 1977: 1958: 1957: 1955: 1953: 1939: 1933: 1927: 1921: 1920: 1913: 1907: 1906: 1904: 1896: 1890: 1884: 1878: 1877: 1875: 1873: 1856: 1850: 1838: 1832: 1831: 1829: 1827: 1809: 1797: 1791: 1790: 1769: 1763: 1762: 1742: 1736: 1735: 1733: 1731: 1722: 1711: 1705: 1704: 1702: 1700: 1683: 1677: 1676: 1656: 1650: 1644: 1528:Pareto efficient 1497: 1490: 1483: 1467: 1466: 1457:Money portal 1455: 1454: 1453: 1367:William Nordhaus 1352:Robert Lucas Jr. 1242:François Quesnay 878:Nominal rigidity 849:Demand for money 827:Microfoundations 763:Financial crisis 743:Effective demand 713:Aggregate supply 708:Aggregate demand 695: 672: 671: 656:social insurance 648:optimal taxation 298: 78: 74: 72: 53: 39: 38: 21: 18:Peter A. Diamond 5122: 5121: 5117: 5116: 5115: 5113: 5112: 5111: 4957: 4956: 4955: 4950: 4933:Christina Romer 4831:Daniel McFadden 4795: 4784:D. Gale Johnson 4778:Robert W. Fogel 4766:Anne O. Krueger 4760:Victor R. Fuchs 4742:William Vickrey 4706:Alice M. Rivlin 4688:W. Arthur Lewis 4664:Robert M. Solow 4628: 4623:R. Aaron Gordon 4575:Milton Friedman 4545:Edward S. Mason 4527:Arthur F. Burns 4485:Harold A. Innis 4467: 4456:Howard S. Ellis 4432:I. Leo Sharfman 4426:Joseph S. Davis 4420:Albert B. Wolfe 4414:Edwin G. Nourse 4408:Sumner Slichter 4366:Harry A. Millis 4324:Thomas S. Adams 4306: 4283:Henry R. Seager 4253:John R. Commons 4223:Frank A. Fetter 4217:Henry W. Farnam 4211:Edmund J. James 4199:Simon N. Patten 4169: 4122: 4117: 4087: 4082: 4065:Guido Tabellini 4017:Manuel Arellano 4000: 3992:Bengt Holmström 3974:Torsten Persson 3933: 3913: 3908:Elhanan Helpman 3884:Roger Guesnerie 3872:Takashi Negishi 3843: 3811:Daniel McFadden 3781:J. Denis Sargan 3763:Lionel McKenzie 3745: 3632:Trygve Haavelmo 3584: 3543:Wesley Mitchell 3501: 3492: 3462: 3457: 3395: 3387: 3378:(United States) 3372:(United States) 3356: 3337: 3312: 3288: 3264: 3253:Ei-ichi Negishi 3249:(United States) 3247:Richard F. Heck 3233: 3226: 3196: 3191: 3183: 3174:Douglas Diamond 3164: 3145: 3130: 3111: 3099: 3091: 3086:Bengt Holmström 3079: 3071: 3063: 3047: 3035: 3023: 3007: 2995: 2987: 2971: 2963: 2951: 2942:Finn E. Kydland 2939: 2927: 2922:Vernon L. Smith 2918:Daniel Kahneman 2915: 2899: 2888: 2876: 2868: 2860: 2848: 2843:William Vickrey 2836: 2828: 2823:Reinhard Selten 2812: 2803:Robert W. Fogel 2800: 2792: 2787:Ronald H. Coase 2784: 2768: 2763:Trygve Haavelmo 2760: 2752: 2747:Robert M. Solow 2744: 2736: 2728: 2720: 2712: 2704: 2696: 2688: 2676: 2668: 2656: 2651:Milton Friedman 2648: 2637: 2625: 2613: 2605: 2593: 2585: 2577: 2565: 2554: 2545: 2511: 2507: 2489: 2487: 2479: 2475: 2460: 2451: 2439: 2417:, July 12, 2006 2415:Wayback Machine 2364:Wayback Machine 2341: 2336: 2335: 2320: 2316: 2293: 2289: 2248: 2244: 2231: 2230: 2226: 2217: 2216: 2212: 2204: 2200: 2185: 2181: 2166: 2162: 2149: 2145: 2138: 2128: 2124: 2111: 2110: 2106: 2090: 2086: 2076:Wayback Machine 2067: 2063: 2052: 2048: 2041: 2037: 2022: 2018: 2008: 2006: 1997: 1996: 1992: 1987:Wayback Machine 1978: 1961: 1951: 1949: 1941: 1940: 1936: 1928: 1924: 1915: 1914: 1910: 1902: 1898: 1897: 1893: 1885: 1881: 1871: 1869: 1865:Star-Advertiser 1858: 1857: 1853: 1849:, June 6, 2011. 1839: 1835: 1825: 1823: 1803: 1799: 1798: 1794: 1770: 1766: 1743: 1739: 1729: 1727: 1720: 1712: 1708: 1698: 1696: 1684: 1680: 1657: 1653: 1645: 1641: 1636: 1624: 1616:life expectancy 1607:Social Security 1603: 1591: 1585: 1540: 1501: 1461: 1451: 1449: 1442: 1441: 1400: 1392: 1391: 1372:Joseph Stiglitz 1332:Milton Friedman 1312:Friedrich Hayek 1237: 1227: 1226: 1109: 1099: 1098: 1069: 1061: 1060: 1046:Mundell–Fleming 1041:Matching theory 979:Keynesian cross 964: 956: 955: 926: 918: 917: 703: 670: 664: 644:capital markets 636:government debt 632: 617:Andrei Shleifer 501:Peter R. Orszag 443: 427:Yale University 419:summa cum laude 414:. He earned a 369:Ei-ichi Negishi 347:Peter Diamond, 341: 329:Federal Reserve 296: 222: 207: 203: 201:Andrei Shleifer 199: 197:David K. Levine 195: 188: 176: 167: 163: 149: 145: 134:Academic career 105: 98:Yale University 89: 79: 76: 70: 68: 67: 66: 56: 55:Diamond in 2010 44: 35: 28: 23: 22: 15: 12: 11: 5: 5120: 5110: 5109: 5104: 5099: 5094: 5089: 5084: 5079: 5074: 5069: 5064: 5059: 5054: 5049: 5044: 5039: 5034: 5029: 5024: 5019: 5014: 5009: 5004: 4999: 4994: 4989: 4984: 4979: 4974: 4969: 4952: 4951: 4949: 4948: 4942: 4936: 4930: 4924: 4918: 4912: 4906: 4900: 4894: 4891:Richard Thaler 4888: 4882: 4879:Claudia Goldin 4876: 4870: 4864: 4858: 4852: 4846: 4840: 4837:George Akerlof 4834: 4828: 4822: 4816: 4810: 4803: 4801: 4797: 4796: 4794: 4793: 4787: 4781: 4775: 4769: 4763: 4757: 4751: 4745: 4739: 4733: 4727: 4721: 4715: 4712:Gary S. Becker 4709: 4703: 4697: 4691: 4685: 4682:Gardner Ackley 4679: 4673: 4667: 4661: 4655: 4652:Jacob Marschak 4649: 4643: 4636: 4634: 4630: 4629: 4627: 4626: 4620: 4614: 4608: 4602: 4596: 4590: 4584: 4578: 4572: 4566: 4560: 4554: 4548: 4542: 4536: 4530: 4524: 4518: 4512: 4509:Edwin E. Witte 4506: 4500: 4494: 4488: 4482: 4475: 4473: 4469: 4468: 4466: 4465: 4459: 4453: 4447: 4441: 4435: 4429: 4423: 4417: 4411: 4405: 4399: 4393: 4387: 4381: 4375: 4369: 4363: 4357: 4351: 4345: 4339: 4333: 4330:Fred M. Taylor 4327: 4321: 4314: 4312: 4308: 4307: 4305: 4304: 4301:Allyn A. Young 4298: 4292: 4286: 4280: 4274: 4268: 4262: 4256: 4250: 4244: 4238: 4232: 4226: 4220: 4214: 4208: 4205:Davis R. Dewey 4202: 4196: 4190: 4184: 4177: 4175: 4171: 4170: 4168: 4167: 4164:Richard T. Ely 4161: 4155: 4152:Henry C. Adams 4149: 4143: 4137: 4130: 4128: 4124: 4123: 4116: 4115: 4108: 4101: 4093: 4084: 4083: 4081: 4080: 4074: 4068: 4062: 4056: 4050: 4047:Stephen Morris 4044: 4038: 4035:Drew Fudenberg 4032: 4026: 4020: 4014: 4008: 3995: 3989: 3983: 3977: 3971: 3965: 3959: 3953: 3947: 3941: 3928: 3921: 3919: 3915: 3914: 3912: 3911: 3905: 3899: 3893: 3887: 3881: 3875: 3869: 3863: 3857: 3851: 3838: 3832: 3826: 3823:Dale Jorgenson 3820: 3814: 3808: 3805:Amartya K. Sen 3802: 3796: 3790: 3784: 3778: 3772: 3766: 3760: 3757:Hirofumi Uzawa 3753: 3751: 3747: 3746: 3744: 3743: 3737: 3731: 3725: 3719: 3713: 3707: 3704:Leonid Hurwicz 3701: 3695: 3689: 3683: 3677: 3671: 3665: 3659: 3653: 3650:Lawrence Klein 3647: 3644:Marcel Boiteux 3641: 3635: 3629: 3623: 3617: 3611: 3605: 3602:Paul Samuelson 3599: 3596:R. G. D. Allen 3592: 3590: 3586: 3585: 3583: 3582: 3576: 3570: 3564: 3558: 3555:Jacob Marschak 3552: 3546: 3540: 3534: 3528: 3522: 3516: 3509: 3507: 3503: 3502: 3491: 3490: 3483: 3476: 3468: 3459: 3458: 3456: 3455: 3450: 3445: 3440: 3435: 3430: 3425: 3420: 3415: 3410: 3405: 3400: 3392: 3389: 3388: 3386: 3385: 3379: 3373: 3366: 3364: 3358: 3357: 3355: 3354: 3347: 3345: 3339: 3338: 3336: 3335: 3329: 3322: 3320: 3314: 3313: 3311: 3310: 3303: 3301: 3290: 3289: 3287: 3286: 3279: 3277: 3266: 3265: 3263: 3262: 3256: 3250: 3243: 3241: 3235: 3234: 3225: 3224: 3217: 3210: 3202: 3193: 3192: 3190: 3189: 3186:Claudia Goldin 3181: 3162: 3155:Joshua Angrist 3143: 3128: 3125:Michael Kremer 3109: 3097: 3089: 3077: 3069: 3061: 3050:Eugene F. Fama 3045: 3033: 3021: 3005: 2993: 2985: 2978:Eric S. Maskin 2974:Leonid Hurwicz 2969: 2961: 2949: 2937: 2925: 2913: 2896: 2894: 2890: 2889: 2887: 2886: 2874: 2866: 2858: 2846: 2834: 2826: 2810: 2798: 2795:Gary S. Becker 2790: 2782: 2766: 2758: 2755:Maurice Allais 2750: 2742: 2734: 2726: 2718: 2710: 2702: 2694: 2686: 2674: 2666: 2663:James E. Meade 2654: 2645: 2643: 2639: 2638: 2636: 2635: 2623: 2611: 2603: 2591: 2583: 2575: 2562: 2560: 2556: 2555: 2544: 2543: 2536: 2529: 2521: 2513: 2512: 2503: 2500: 2480: 2471: 2467: 2466: 2462: 2461: 2456: 2453: 2440: 2435: 2431: 2430: 2424: 2423: 2418: 2405: 2394: 2385: 2370: 2354: 2340: 2339:External links 2337: 2334: 2333: 2314: 2287: 2266:10.1086/258100 2260:(6): 467–482. 2242: 2224: 2210: 2198: 2179: 2160: 2143: 2129:Chan, Sewell, 2122: 2104: 2084: 2061: 2046: 2016: 1990: 1959: 1934: 1922: 1908: 1891: 1879: 1851: 1846:Bloomberg News 1833: 1792: 1764: 1737: 1706: 1678: 1651: 1638: 1637: 1635: 1632: 1631: 1630: 1623: 1620: 1602: 1599: 1595:search process 1584: 1581: 1576: 1575: 1571: 1567: 1539: 1536: 1524:social welfare 1517:Paul Samuelson 1503: 1502: 1500: 1499: 1492: 1485: 1477: 1474: 1473: 1472: 1471: 1459: 1444: 1443: 1440: 1439: 1434: 1429: 1427:Microeconomics 1424: 1423: 1422: 1412: 1407: 1401: 1398: 1397: 1394: 1393: 1390: 1389: 1384: 1379: 1374: 1369: 1364: 1359: 1354: 1349: 1344: 1342:Lawrence Klein 1339: 1337:Paul Samuelson 1334: 1329: 1324: 1319: 1314: 1309: 1304: 1299: 1294: 1292:Michał Kalecki 1289: 1284: 1279: 1274: 1269: 1264: 1259: 1254: 1249: 1244: 1238: 1233: 1232: 1229: 1228: 1225: 1224: 1219: 1214: 1212:Disequilibrium 1209: 1208: 1207: 1200:Post-Keynesian 1197: 1192: 1191: 1190: 1180: 1169: 1168: 1163: 1158: 1153: 1148: 1147: 1146: 1136: 1131: 1130: 1129: 1124: 1110: 1105: 1104: 1101: 1100: 1097: 1096: 1091: 1086: 1081: 1076: 1070: 1068:Related fields 1067: 1066: 1063: 1062: 1059: 1058: 1053: 1048: 1043: 1038: 1033: 1032: 1031: 1021: 1016: 1011: 1006: 1001: 996: 994:Phillips curve 991: 986: 981: 976: 971: 965: 962: 961: 958: 957: 954: 953: 948: 943: 938: 933: 927: 924: 923: 920: 919: 916: 915: 910: 905: 900: 895: 890: 885: 880: 875: 874: 873: 863: 858: 857: 856: 846: 844:Money creation 841: 840: 839: 829: 824: 823: 822: 817: 812: 802: 800:Liquidity trap 797: 792: 787: 786: 785: 780: 770: 765: 760: 759: 758: 753: 745: 740: 735: 730: 725: 720: 718:Business cycle 715: 710: 704: 702:Basic concepts 701: 700: 697: 696: 688: 687: 685:Macroeconomics 681: 680: 663: 660: 631: 628: 543:New York Times 463:full professor 442: 439: 429:(1960), and a 340: 337: 288: 287: 284: 283: 279: 278: 275: 274: 271: 270: 262: 256: 255: 251: 250: 247: 246: 243: 242: 239: 238: 228: 227: 216: 212: 211: 209:Botond Kőszegi 193:Martin Hellwig 190: 184: 183: 178: 172: 171: 158: 154: 153: 140: 136: 135: 131: 130: 127: 126: 123: 119: 118: 95: 91: 90: 80: 75:April 29, 1940 64: 62: 58: 57: 54: 46: 45: 42: 26: 9: 6: 4: 3: 2: 5119: 5108: 5105: 5103: 5100: 5098: 5095: 5093: 5090: 5088: 5085: 5083: 5080: 5078: 5075: 5073: 5070: 5068: 5065: 5063: 5060: 5058: 5055: 5053: 5050: 5048: 5045: 5043: 5040: 5038: 5035: 5033: 5030: 5028: 5025: 5023: 5020: 5018: 5015: 5013: 5010: 5008: 5005: 5003: 5000: 4998: 4995: 4993: 4990: 4988: 4985: 4983: 4980: 4978: 4975: 4973: 4972:Living people 4970: 4968: 4965: 4964: 4962: 4946: 4943: 4940: 4937: 4934: 4931: 4928: 4925: 4922: 4919: 4916: 4913: 4910: 4907: 4904: 4903:Alvin E. Roth 4901: 4898: 4895: 4892: 4889: 4886: 4883: 4880: 4877: 4874: 4871: 4868: 4865: 4862: 4859: 4856: 4853: 4850: 4849:Avinash Dixit 4847: 4844: 4841: 4838: 4835: 4832: 4829: 4826: 4823: 4820: 4819:Peter Diamond 4817: 4814: 4811: 4808: 4807:Sherwin Rosen 4805: 4804: 4802: 4798: 4791: 4788: 4785: 4782: 4779: 4776: 4773: 4770: 4767: 4764: 4761: 4758: 4755: 4752: 4749: 4748:Zvi Griliches 4746: 4743: 4740: 4737: 4734: 4731: 4730:Gérard Debreu 4728: 4725: 4722: 4719: 4718:Robert Eisner 4716: 4713: 4710: 4707: 4704: 4701: 4698: 4695: 4692: 4689: 4686: 4683: 4680: 4677: 4674: 4671: 4668: 4665: 4662: 4659: 4656: 4653: 4650: 4647: 4644: 4641: 4638: 4637: 4635: 4631: 4624: 4621: 4618: 4615: 4612: 4609: 4606: 4603: 4600: 4597: 4594: 4591: 4588: 4585: 4582: 4579: 4576: 4573: 4570: 4569:Fritz Machlup 4567: 4564: 4561: 4558: 4555: 4552: 4549: 4546: 4543: 4540: 4537: 4534: 4531: 4528: 4525: 4522: 4519: 4516: 4513: 4510: 4507: 4504: 4503:John D. Black 4501: 4498: 4497:Simon Kuznets 4495: 4492: 4489: 4486: 4483: 4480: 4477: 4476: 4474: 4470: 4463: 4460: 4457: 4454: 4451: 4448: 4445: 4442: 4439: 4436: 4433: 4430: 4427: 4424: 4421: 4418: 4415: 4412: 4409: 4406: 4403: 4400: 4397: 4394: 4391: 4388: 4385: 4382: 4379: 4376: 4373: 4372:John M. Clark 4370: 4367: 4364: 4361: 4358: 4355: 4352: 4349: 4346: 4343: 4340: 4337: 4334: 4331: 4328: 4325: 4322: 4319: 4316: 4315: 4313: 4309: 4302: 4299: 4296: 4293: 4290: 4289:Carl C. Plehn 4287: 4284: 4281: 4278: 4275: 4272: 4269: 4266: 4263: 4260: 4259:Irving Fisher 4257: 4254: 4251: 4248: 4245: 4242: 4239: 4236: 4233: 4230: 4227: 4224: 4221: 4218: 4215: 4212: 4209: 4206: 4203: 4200: 4197: 4194: 4191: 4188: 4187:F. W. Taussig 4185: 4182: 4179: 4178: 4176: 4172: 4165: 4162: 4159: 4156: 4153: 4150: 4147: 4146:John B. Clark 4144: 4141: 4138: 4135: 4132: 4131: 4129: 4125: 4121: 4114: 4109: 4107: 4102: 4100: 4095: 4094: 4091: 4078: 4075: 4072: 4069: 4066: 4063: 4060: 4057: 4054: 4051: 4048: 4045: 4042: 4039: 4036: 4033: 4030: 4027: 4024: 4023:Robert Porter 4021: 4018: 4015: 4012: 4009: 4004: 3999: 3996: 3993: 3990: 3987: 3986:John H. Moore 3984: 3981: 3978: 3975: 3972: 3969: 3966: 3963: 3960: 3957: 3954: 3951: 3948: 3945: 3942: 3937: 3932: 3929: 3926: 3925:Avinash Dixit 3923: 3922: 3920: 3916: 3909: 3906: 3903: 3900: 3897: 3894: 3891: 3888: 3885: 3882: 3879: 3876: 3873: 3870: 3867: 3864: 3861: 3858: 3855: 3854:Peter Diamond 3852: 3847: 3842: 3839: 3836: 3833: 3830: 3827: 3824: 3821: 3818: 3817:Michael Bruno 3815: 3812: 3809: 3806: 3803: 3800: 3799:Herbert Scarf 3797: 3794: 3791: 3788: 3785: 3782: 3779: 3776: 3773: 3770: 3767: 3764: 3761: 3758: 3755: 3754: 3752: 3748: 3741: 3740:Zvi Griliches 3738: 3735: 3732: 3729: 3726: 3723: 3720: 3717: 3716:Gérard Debreu 3714: 3711: 3710:Jacques Drèze 3708: 3705: 3702: 3699: 3696: 3693: 3690: 3687: 3684: 3681: 3678: 3675: 3672: 3669: 3666: 3663: 3660: 3657: 3654: 3651: 3648: 3645: 3642: 3639: 3636: 3633: 3630: 3627: 3626:Kenneth Arrow 3624: 3621: 3620:Richard Stone 3618: 3615: 3612: 3609: 3606: 3603: 3600: 3597: 3594: 3593: 3591: 3587: 3580: 3577: 3574: 3573:Ragnar Frisch 3571: 3568: 3565: 3562: 3561:Jan Tinbergen 3559: 3556: 3553: 3550: 3547: 3544: 3541: 3538: 3535: 3532: 3531:Arthur Bowley 3529: 3526: 3523: 3520: 3517: 3514: 3513:Irving Fisher 3511: 3510: 3508: 3504: 3500: 3496: 3489: 3484: 3482: 3477: 3475: 3470: 3469: 3466: 3454: 3451: 3449: 3446: 3444: 3441: 3439: 3436: 3434: 3431: 3429: 3426: 3424: 3421: 3419: 3416: 3414: 3411: 3409: 3406: 3404: 3401: 3398: 3394: 3393: 3390: 3383: 3380: 3377: 3374: 3371: 3370:Peter Diamond 3368: 3367: 3365: 3363: 3359: 3352: 3349: 3348: 3346: 3344: 3340: 3333: 3330: 3327: 3324: 3323: 3321: 3319: 3315: 3308: 3305: 3304: 3302: 3299: 3295: 3291: 3284: 3281: 3280: 3278: 3275: 3271: 3267: 3260: 3257: 3254: 3251: 3248: 3245: 3244: 3242: 3240: 3236: 3231: 3223: 3218: 3216: 3211: 3209: 3204: 3203: 3200: 3187: 3182: 3179: 3175: 3171: 3167: 3163: 3160: 3156: 3152: 3148: 3144: 3141: 3137: 3133: 3129: 3126: 3122: 3118: 3114: 3110: 3107: 3103: 3098: 3095: 3090: 3087: 3083: 3078: 3075: 3070: 3067: 3062: 3059: 3055: 3051: 3046: 3043: 3039: 3038:Alvin E. Roth 3034: 3031: 3027: 3022: 3019: 3015: 3011: 3006: 3003: 2999: 2998:Elinor Ostrom 2994: 2991: 2986: 2983: 2979: 2975: 2970: 2967: 2962: 2959: 2955: 2950: 2947: 2943: 2938: 2935: 2931: 2926: 2923: 2919: 2914: 2911: 2907: 2903: 2898: 2897: 2895: 2891: 2884: 2880: 2875: 2872: 2867: 2864: 2859: 2856: 2852: 2847: 2844: 2840: 2835: 2832: 2827: 2824: 2820: 2816: 2811: 2808: 2804: 2799: 2796: 2791: 2788: 2783: 2780: 2776: 2772: 2767: 2764: 2759: 2756: 2751: 2748: 2743: 2740: 2735: 2732: 2727: 2724: 2723:Richard Stone 2719: 2716: 2715:Gérard Debreu 2711: 2708: 2703: 2700: 2695: 2692: 2687: 2684: 2680: 2675: 2672: 2667: 2664: 2660: 2655: 2652: 2647: 2646: 2644: 2640: 2633: 2629: 2624: 2621: 2617: 2616:Gunnar Myrdal 2612: 2609: 2604: 2601: 2597: 2596:John R. Hicks 2592: 2589: 2588:Simon Kuznets 2584: 2581: 2576: 2573: 2572:Jan Tinbergen 2569: 2568:Ragnar Frisch 2564: 2563: 2561: 2557: 2553: 2549: 2542: 2537: 2535: 2530: 2528: 2523: 2522: 2519: 2510: 2506: 2499: 2498: 2494: 2486: 2485: 2478: 2474: 2473:Elinor Ostrom 2468: 2463: 2459: 2450: 2449: 2445: 2438: 2432: 2427: 2422: 2419: 2416: 2412: 2409: 2406: 2404: 2403: 2398: 2395: 2393: 2389: 2386: 2384: 2379: 2374: 2373:Peter Diamond 2371: 2369: 2365: 2361: 2358: 2357:Peter Diamond 2355: 2352: 2351:Peter Diamond 2347: 2343: 2342: 2329: 2325: 2318: 2310: 2306: 2302: 2298: 2291: 2283: 2279: 2275: 2271: 2267: 2263: 2259: 2255: 2254: 2246: 2238: 2234: 2228: 2220: 2214: 2207: 2202: 2194: 2190: 2183: 2176: 2175: 2170: 2164: 2157: 2153: 2147: 2136: 2132: 2126: 2118: 2114: 2108: 2101: 2100: 2095: 2088: 2081: 2077: 2073: 2070: 2065: 2058: 2055: 2054:Book overview 2050: 2035: 2034: 2029: 2025: 2020: 2004: 2000: 1994: 1988: 1984: 1981: 1976: 1974: 1972: 1970: 1968: 1966: 1964: 1952:September 13, 1948: 1944: 1938: 1931: 1930:Autobiography 1926: 1918: 1912: 1901: 1895: 1888: 1883: 1867: 1866: 1861: 1855: 1848: 1847: 1842: 1837: 1821: 1817: 1813: 1807: 1802: 1796: 1789: 1785: 1781: 1777: 1776: 1768: 1760: 1756: 1752: 1748: 1741: 1726: 1719: 1718: 1710: 1695: 1691: 1690: 1682: 1674: 1670: 1666: 1662: 1655: 1649:, PDF page 2. 1648: 1643: 1639: 1629: 1626: 1625: 1619: 1617: 1613: 1608: 1598: 1596: 1590: 1580: 1572: 1568: 1565: 1560: 1559: 1558: 1556: 1551: 1547: 1545: 1535: 1533: 1529: 1525: 1520: 1518: 1514: 1510: 1498: 1493: 1491: 1486: 1484: 1479: 1478: 1476: 1475: 1470: 1465: 1460: 1458: 1448: 1447: 1446: 1445: 1438: 1435: 1433: 1430: 1428: 1425: 1421: 1418: 1417: 1416: 1413: 1411: 1408: 1406: 1403: 1402: 1396: 1395: 1388: 1385: 1383: 1380: 1378: 1375: 1373: 1370: 1368: 1365: 1363: 1362:Peter Diamond 1360: 1358: 1355: 1353: 1350: 1348: 1347:Edmund Phelps 1345: 1343: 1340: 1338: 1335: 1333: 1330: 1328: 1325: 1323: 1322:Richard Stone 1320: 1318: 1315: 1313: 1310: 1308: 1307:Joan Robinson 1305: 1303: 1302:Simon Kuznets 1300: 1298: 1297:Gunnar Myrdal 1295: 1293: 1290: 1288: 1285: 1283: 1280: 1278: 1275: 1273: 1272:Irving Fisher 1270: 1268: 1267:Knut Wicksell 1265: 1263: 1260: 1258: 1255: 1253: 1250: 1248: 1245: 1243: 1240: 1239: 1236: 1231: 1230: 1223: 1220: 1218: 1215: 1213: 1210: 1206: 1203: 1202: 1201: 1198: 1196: 1193: 1189: 1186: 1185: 1184: 1181: 1179: 1176: 1175: 1174: 1173: 1167: 1164: 1162: 1159: 1157: 1154: 1152: 1149: 1145: 1142: 1141: 1140: 1139:New classical 1137: 1135: 1132: 1128: 1125: 1123: 1120: 1119: 1118: 1115: 1114: 1113: 1108: 1103: 1102: 1095: 1092: 1090: 1087: 1085: 1082: 1080: 1077: 1075: 1072: 1071: 1065: 1064: 1057: 1054: 1052: 1049: 1047: 1044: 1042: 1039: 1037: 1034: 1030: 1027: 1026: 1025: 1022: 1020: 1017: 1015: 1012: 1010: 1007: 1005: 1002: 1000: 997: 995: 992: 990: 987: 985: 982: 980: 977: 975: 972: 970: 967: 966: 960: 959: 952: 949: 947: 944: 942: 939: 937: 934: 932: 929: 928: 922: 921: 914: 911: 909: 906: 904: 901: 899: 896: 894: 893:Shrinkflation 891: 889: 886: 884: 881: 879: 876: 872: 869: 868: 867: 864: 862: 859: 855: 852: 851: 850: 847: 845: 842: 838: 835: 834: 833: 830: 828: 825: 821: 818: 816: 813: 811: 808: 807: 806: 803: 801: 798: 796: 793: 791: 790:Interest rate 788: 784: 781: 779: 776: 775: 774: 771: 769: 766: 764: 761: 757: 754: 752: 749: 748: 747:Expectations 746: 744: 741: 739: 736: 734: 731: 729: 726: 724: 721: 719: 716: 714: 711: 709: 706: 705: 699: 698: 694: 690: 689: 686: 683: 682: 678: 674: 673: 669: 659: 657: 653: 652:labor markets 649: 645: 641: 637: 627: 624: 622: 621:Emmanuel Saez 618: 614: 612: 607: 605: 601: 597: 593: 590:, along with 589: 584: 582: 578: 574: 570: 565: 561: 559: 555: 551: 547: 544: 540: 536: 533: 529: 525: 520: 518: 514: 510: 506: 502: 497: 495: 491: 487: 483: 479: 475: 470: 468: 464: 460: 456: 452: 448: 438: 436: 432: 428: 424: 420: 417: 413: 409: 405: 400: 398: 394: 393:New York City 390: 389:New York City 386: 379:in Stockholm. 378: 374: 370: 366: 362: 358: 354: 350: 345: 336: 334: 330: 326: 322: 318: 314: 310: 306: 302: 294: 285: 280: 276: 272: 268: 267: 263: 261: 257: 252: 248: 244: 240: 237: 233: 229: 225: 220: 217: 213: 210: 206: 205:Emmanuel Saez 202: 198: 194: 191: 185: 182: 179: 173: 170: 166: 162: 159: 155: 152: 148: 144: 141: 137: 132: 128: 124: 120: 116: 112: 108: 103: 99: 96: 92: 87: 83: 82:New York City 77:(age 84) 63: 59: 52: 47: 43:Peter Diamond 40: 37: 33: 19: 4945:Janet Currie 4921:Janet Yellen 4915:Ben Bernanke 4855:Angus Deaton 4818: 4800:2001–present 4462:Frank Knight 4444:Paul Douglas 4390:Alvin Hansen 4336:Edwin F. Gay 4235:John H. Gray 4229:David Kinley 4071:Rosa Matzkin 3918:2001–present 3853: 3787:Marc Nerlove 3769:János Kornai 3734:Don Patinkin 3722:W. M. Gorman 3674:Robert Solow 3567:Charles Roos 3427: 3369: 3285:(Peru/Spain) 3259:Akira Suzuki 3170:Ben Bernanke 3159:Guido Imbens 3136:Paul Milgrom 3121:Esther Duflo 3074:Angus Deaton 3009: 2990:Paul Krugman 2893:2001–present 2659:Bertil Ohlin 2491: 2488:2010 2482: 2442: 2400: 2382: 2317: 2300: 2296: 2290: 2257: 2251: 2245: 2237:the original 2227: 2213: 2201: 2192: 2182: 2172: 2167:Robb, Greg, 2163: 2155: 2146: 2139:September 30 2134: 2125: 2116: 2107: 2097: 2087: 2064: 2057:Google Books 2049: 2031: 2024:Chan, Sewell 2019: 2007:. Retrieved 2003:the original 1993: 1950:. Retrieved 1946: 1937: 1925: 1911: 1894: 1882: 1870:. Retrieved 1863: 1854: 1844: 1836: 1824:. Retrieved 1811: 1795: 1788:1721.1/74883 1774: 1767: 1759:1721.1/38434 1746: 1740: 1728:. Retrieved 1716: 1709: 1697:. Retrieved 1688: 1681: 1673:1721.1/13930 1660: 1654: 1642: 1604: 1592: 1577: 1574:requirement. 1552: 1548: 1543: 1541: 1521: 1506: 1382:Paul Krugman 1361: 1327:Hyman Minsky 1287:Alvin Hansen 1171: 1170: 1111: 1074:Econometrics 1051:Overshooting 1004:Harrod–Domar 999:Arrow–Debreu 946:Central bank 913:Unemployment 903:Supply shock 861:Money supply 738:Disinflation 733:Demand shock 633: 625: 615: 608: 585: 573:Ben Bernanke 571: 567: 563: 542: 535:Barack Obama 524:Janet Yellen 521: 508: 498: 471: 444: 418: 401: 382: 373:Richard Heck 365:Akira Suzuki 292: 291: 269: (1963) 265: 181:Robert Solow 157:Institutions 36: 4967:1940 births 4939:Susan Athey 4861:Robert Hall 4754:Amartya Sen 4599:James Tobin 4396:Jacob Viner 4029:Eddie Dekel 4001: [ 3944:Eric Maskin 3934: [ 3931:Guy Laroque 3896:Jean Tirole 3844: [ 3686:Herman Wold 3656:Henri Theil 3638:James Tobin 3551:(1944–1945) 3545:(1942–1943) 3539:(1940–1941) 3533:(1938–1939) 3527:(1936–1937) 3515:(1931–1934) 3230:Nobel Prize 3082:Oliver Hart 3066:Jean Tirole 2863:Amartya Sen 2699:James Tobin 2388:Appearances 2303:(1): 8–27. 2174:MarketWatch 1872:December 5, 1699:February 8, 1532:Golden Rule 1262:Léon Walras 1156:Supply-side 989:Accelerator 898:Stagflation 883:Price level 778:Demand-pull 577:Nobel Prize 459:MIT faculty 423:mathematics 408:Long Island 319:. He is an 232:Information 125:Kate Myrick 4961:Categories 4927:David Card 4041:Tim Besley 3728:Roy Radner 3698:Frank Hahn 3495:Presidents 3326:Andre Geim 3307:Liu Xiaobo 3270:Literature 3151:David Card 3106:Paul Romer 2452:2003–2004 1804:(fee, via 1778:(Thesis), 1634:References 1317:John Hicks 1247:Adam Smith 1205:Circuitism 1195:Ecological 1183:Chartalism 1134:Monetarism 1112:Mainstream 1009:Solow–Swan 984:Multiplier 941:Commercial 837:Endogenous 795:Investment 550:Washington 511:(2004,-5, 445:He was an 387:family in 361:Andre Geim 333:Republican 71:1940-04-29 4633:1976–2000 4472:1951–1975 4311:1926–1950 4174:1901–1925 4127:1886–1900 3750:1976–2000 3589:1951–1975 3506:1931–1950 3239:Chemistry 3232:laureates 2642:1976–2000 2559:1969–1975 2548:Laureates 2444:President 2282:153586213 1749:(Ph.D.). 1723:(Ph.D.). 1692:(Ph.D.). 1663:(Ph.D.). 1612:actuarial 1415:Economics 1257:Karl Marx 1172:Heterodox 1151:Stockholm 1117:Keynesian 888:Recession 783:Cost-push 773:Inflation 728:Deflation 602:from the 532:President 507:, titled 469:in 1997. 301:economist 94:Education 3608:René Roy 2411:Archived 2360:Archived 2072:Archived 2040:, 2010, 2038:March 12 1983:Archived 1826:June 13, 1622:See also 1399:See also 1178:Austrian 936:Monetary 925:Policies 756:Rational 751:Adaptive 677:a series 675:Part of 437:(1963). 404:Woodmere 297:April 29 189:students 187:Doctoral 175:Doctoral 86:New York 3497:of the 3318:Physics 3309:(China) 3261:(Japan) 3255:(Japan) 2550:of the 2465:Awards 2446:of the 2309:1910538 2274:1826989 2117:Reuters 2042:2:30 pm 2009:May 30, 1816:Detroit 1730:May 21, 1420:Applied 1217:Marxian 1107:Schools 558:Alabama 449:at the 433:at the 323:at the 221:(1994) 177:advisor 4947:(2024) 4941:(2023) 4935:(2022) 4929:(2021) 4923:(2020) 4917:(2019) 4911:(2018) 4905:(2017) 4899:(2016) 4893:(2015) 4887:(2014) 4881:(2013) 4875:(2012) 4869:(2011) 4863:(2010) 4857:(2009) 4851:(2008) 4845:(2007) 4839:(2006) 4833:(2005) 4827:(2004) 4821:(2003) 4815:(2002) 4809:(2001) 4792:(2000) 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3428:2010 3294:Peace 3228:2010 2305:JSTOR 2278:S2CID 2270:JSTOR 1903:(PDF) 1721:(PDF) 1513:agent 1056:NAIRU 974:AD–AS 969:IS–LM 832:Money 594:from 546:op-ed 431:Ph.D. 425:from 406:, on 282:Notes 139:Field 3453:2015 3448:2014 3443:2013 3438:2012 3433:2011 3423:2009 3418:2008 3413:2007 3408:2006 3403:2005 3298:2010 3274:2010 3166:2022 3147:2021 3132:2020 3113:2019 2324:SSRN 2011:2008 1954:2022 1874:2017 1828:2011 1820:Gale 1732:2017 1701:2017 1542:The 1122:Neo- 1029:DSGE 723:CAGR 638:and 619:and 598:and 526:and 315:and 61:Born 2390:on 2368:MIT 2366:at 2262:doi 2080:PDF 1947:MIT 1784:hdl 1780:MIT 1755:hdl 1751:MIT 1725:MIT 1694:MIT 1669:hdl 1665:MIT 1127:New 871:SNA 820:NNI 815:GNI 810:GDP 421:in 234:at 115:PhD 4963:: 4003:ru 3936:fr 3846:de 3176:/ 3172:/ 3168:: 3157:/ 3153:/ 3149:: 3138:/ 3134:: 3123:/ 3119:/ 3115:: 3104:/ 3084:/ 3056:/ 3052:/ 3040:/ 3028:/ 3016:/ 3012:/ 3000:/ 2980:/ 2976:/ 2956:/ 2944:/ 2932:/ 2920:/ 2908:/ 2904:/ 2881:/ 2853:/ 2841:/ 2821:/ 2817:/ 2805:/ 2777:/ 2773:/ 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Index

Peter A. Diamond
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

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