Carnegie Mellon notches its 8th Nobel in economics, as reported in today's Post Gazette:
"Dr. Mortensen's work analyzes the role of individual decision-making in unemployment and job search. He said yesterday in a conference call from Denmark that his models show that more generous unemployment benefits can result in higher unemployment and longer search times."
I think everyone can share in this prize. Who knew you didn't have to develop graphene or in-vitro fertilization to win?
1 comment:
or only have to fight two wars to win the Peace prize.
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