Monday, October 11, 2010

If You are Interested in What Diamond, Et Al. Did to Win the Nobel Prize

Here's a nice summary of some of the work (and why it's important today) by Paul Krugman:

The Beveridge Curve.

Here's more detail on the history of this research area from Edward Glaeser.

The Work Behind the Nobel Prize.

Wouldn't it be nice to have someone in a policy-making position who understood how markets really work? Instead we get Senator "Know-Nothing" Shelby.

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