It was a triple coronation today for the 2010 winners of the Nobel Prize in economics. Everyone, put your hands together for Peter A. Diamond, Dale T. Mortensen and Christopher A. Pissarides, who won this year’s prize for their work on friction in markets.
Peter Diamond, a friend of 2008 Nobel winner and New York Times columnist Paul Krugman, was blocked from becoming a member of the Federal Reserve Board in August. He is an MIT professor. Mortenson is a Northwestern University professor, and Pissarides hails from the London School of Economics.
The trio of Nobel-winners have gotten shoutouts from onlookers like Krugman, who said Diamond is “an incredibly profound thinker,” and Kanye West, who said “Yo, Diamond, Mortensen, Pissarides, I’m really happy for you,” according to the Nobel Prize website.