Pity the fools

I have been sad to see the treatment of Peter Diamond throughout the nomination process.

Read his riposte here

The Fed needs him – I would trade three Fishers and a dozen Hoenigs for a Diamond – and therefore so do the pitiful legion of American unemployed. DMP models were my entree to graduate economics, and the logical leap these folks made still blows my mind.

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1 Response to Pity the fools

  1. on your Marx says:

    wholeheartedly agree.

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