Nobel Laureate Peter Diamond Talks to Dartmouth About National Unemployment and Debt

On May 15, Nobel Laureate and MIT economist Peter Diamond came to Dartmouth to deliver a talk on the current country's crisis on unemployment and debt. Diamond was the guest speaker during a student lunch organized by the Nelson A. Rockefeller Center before going to the Tuck School of Business to give a presentation as part of the Global Insights Distinguished Speaker Series. 

He argued that the U.S. must address the unemployment crisis immediately, a subject that resonated with college students who will soon be joining the workforce. He said, "The longer we go on with high unemployment, the more we’re going to have people suffering this pattern for years into the future.” In order to alleviate this crisis, Diamond believes that economic stimulus is the solution that will drive growth. He recommends investments in long-term infrastructure as well as education and basic research.

Click here to access more detailed summary of Diamond's talk, written by Kirk Kardashian.