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.

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

One Response to Pity the fools

  1. on your Marx says:

    wholeheartedly agree.

please comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s