A view from Lick Skillet by Gerald Largen

Two of the Nobel prizes awarded over the past few days struck us as noteworthy in respect to the USA.
The first is that awarded last Monday to three economists, including Professor Peter Diamond, of MIT.
What makes his winning particularly interesting is the fact that President Obama nominated him some months ago to a vacancy on the Federal Reserve Board.
However, one of the Republicans’ leading intellectual pygmies in the Senate, Alabama’s Richard Shelby, put a hold on his nomination so that it could not even be considered for confirmation.

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