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Nobel Prize Winner Peter Diamond on "Unemployment and Debt" at 5 PM, May 15 at Tuck

RESCHEDULED FROM FALL 2012
 
America’s sluggish ascent out of the economic recession has included a growth of the national debt to almost $17 trillion and an unemployment rate that, while falling, remains disquieting. Both of these statistics are indicators of the health of our economy, and they both clearly highlight the vulnerability of America’s financial state.

 

 

 

Professor Peter Diamond has devoted his life to the study of economics and economic policy—specifically social security and pensions. His work and research was praised in 2010 when he was awarded the Nobel Memorial Prize in Economic Sciences. Professor Diamond will speak to our current economic state, the unemployment and debt levels, and America’s financial future.
 
 
Peter Diamond is an American economist acclaimed for his analysis of U.S. Social Security policy. He is currently serving as an Institute Professor of Economics at the Massachusetts Institute of Technology, an institution where he has been since 1966. In 2010, Diamond was awarded the Nobel Memorial Prize in Economic Sciences for his analysis of the foundation of search markets. Prior to researching search markets, he worked as an advisor to the Advisory Council on Social Security in the late 1980s and 1990s and a consultant in Congressional Finance Committee hearings. His honors and awards include a Guggenheim Fellowship, being a founder of the National Academy of Social Insurance, the Nemmers Prize, and a Fulbright Fellowship. Diamond’s numerous publications cover tax and social security policy, with his last two books entitled Pension Reform: A Short Guide and Reforming Pensions: Principles and Policy Choices in 2010 and 2008 respectively. He graduated summa cum laude to receive his B.A. in Mathematics from Yale University and went on to earn a Ph.D. in Economics from M.I.T.
 
 
 
Please join us for Nobel Prize winner and M.I.T. Professor Peter Diamond’s talk, “Unemployment and Debt,” at Georgiopoulos Classroom, Raether Hall, Tuck, at 5:00 pm, May 15, 2013.