tag:blogger.com,1999:blog-22959333.post7291750640421264133..comments2023-09-16T12:06:04.504-04:00Comments on Economic Ramblings: Nobel Prize in Economics 2010Anonymoushttp://www.blogger.com/profile/00826733025674909285noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-22959333.post-59230939097942404022010-10-20T10:26:54.619-04:002010-10-20T10:26:54.619-04:00While i agree that these men have made some ground...While i agree that these men have made some ground breaking research more than just recognizing their achievement needs to be done. Their theories need to be heeded by the government and used to try and influence the economy. When you understand something you can then move to fix it. Now that we understand we need to do something. These men have made a great contribution to society but now it is up to us to do something with their theories.Nick Terpnoreply@blogger.comtag:blogger.com,1999:blog-22959333.post-91576795631474797092010-10-15T22:21:14.930-04:002010-10-15T22:21:14.930-04:00Diamond, Mortensen, and Pissarides groundbreaking ...Diamond, Mortensen, and Pissarides groundbreaking work in unemployment can be reflected by the manner in which they approached the problem. They did not see if from a linear persepctive, on the contrary they asked questions as to if today's unemployment in society is due to the recession or a structural mismatch between workers' skills and employer's needs. These three nobel winners come from some of the most well renowned universities in the world and bring with them concepts and conclusions which in effect shape the idea of unemployment as a whole.Abeer Ghaninoreply@blogger.com