TOTM
Do Republicans Hate Behavioral Economics?
Truth on the Market
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Ezra Klein has an interesting blog post covering Peter Diamond’s nomination to Federal Reserve Board. The standard refrain in this debate has been something like: “See! The Republicans blocked Diamond and now he won the Nobel — don’t they look silly now.” I don’t find the particular issue of comparing Diamond’s qualifications as an economist to those qualifications required of a Board member all too interesting and so I wont comment on that here. Though I should say here so we can get to the point of the post that I believe Diamond should be confirmed.
