Peter A. Diamond
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Associated Press MIT economics professor Peter A. Diamond said critics had failed to recognize the value of his expertise on the causes of unemployment in blocking his bid for a seat on the Federal Reserve board.
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Massachusetts Institute of Technology economics professor Peter A. Diamond smiles during a news conference in Cambridge, Mass., after learning he is one of three economists to win the 2010 Nobel Prize in economics on Monday, Oct. 11, 2010. Two Americans and a British-Cypriot economist won the 2010 Nobel economics prize Monday for developing a theory that helps explain why many people can remain unemployed despite a large number of job vacancies. (AP Photo/Stephan Savoia)
