The senior Republican on the Banking Committee and senior senator from Alabama, who is blocking lauded economist Peter Diamond from joining the Federal Reserve board, doubles down on his objections after Diamond wins a Nobel Prize:
[Sen. Richard] Shelby says Diamond lacks expertise in so-called monetary policy —
Some very just desserts on this Columbus Day morning: Peter Diamond, a lauded economist at MIT, won the Nobel Prize, along with Dale T. Mortensen and Christopher A. Pissarides. The three economists won for their examination of “markets with search frictions.” In Diamond’s case, he focused on labor markets More…
In Iowa, the state Republican Party is calling for the “reintroduction and ratification of the original 13th Amendment” to the U.S. Constitution — a provision that the state party’s spokesman admits is focused solely on Barack Obama.
President Obama will travel to Copenhagen next month to attend part of the international climate conference, The Washington Post reports.
The decision follows months of speculation over whether the president would make the trip. Obama has said for the past few weeks that he would only attend if his More…
I took most of today off as part of a long weekend, so I have paid less attention than I might otherwise have to the conservative outrage over the Nobel Committee’s decision to award President Obama the 2009 peace prize. None of it is surprising. For a very long time More…
I just spoke with Rep. Alan Grayson (D-Fla.), the progressive firebrand most known for his willingness to call out Republican obstructionism on health care reform. Asked about Obama’s Nobel Peace Prize, Grayson noted that he mused on the House floor yesterday that “if President Obama was able to bring about More…
For a domestic audience, President Obama’s Nobel Peace Prize is arguably awkward. Concern-troll Mickey Kaus is already editorializing that he should turn it down, in a concession that, as Morrissey once crooned, he just hasn’t earned it yet. And I don’t know.
But turning it down would be More…
What is it with Paul Krugman, anyway? The Nobel economist with the dour outlook is becoming the most unlikely of pop icons. First, there was, “Hey Paul Krugman,” a ditty praising his virtues, especially compared with those of Treasury Secretary Timothy Geithner, that flew around the blogosophere. Now, via More…
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