Peter Diamond on Fiscal Policy and Unemployment

Nobel Prize winner Peter Diamond has a video on the Economist web page about the fiscal policy situation and the on-going unemployment problem.

Nobel Prize Winners!!!

The announcement has come out for this year's Nobel Prize in economics. There were three winners, with Peter Diamond of MIT, at the forefront of the trio for his work on search theory and the workings of markets. Two good descriptions are the PBS News Hour video and Paul Krugman's connection to Diamond's work on Search Theory and the Beveridge Curve.