Negligible Nobel

The 2018 Nobel Prize in Economics was awarded to Americans William Nordhaus and Paul Roemer. In January, Roemer was pushed out as World Bank Chief Economist after clashes with staff and top brass. Relatedly, Peter Diamond, who won the Nobel Prize in 2010, was denied a position on the Federal Reserve in late 2010 as some senators considered him unqualified. Even with pretty good credentials, the job market can be tough!

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