Schools
University Of Chicago Professor Douglas Diamond Wins Nobel Prize In Economics
Diamond was honored for his research on banks and financial crises.
By CBS Chicago Staff:
CHICAGO (CBS) — University of Chicago professor Douglas W. Diamond is one of this year's three winners of the Nobel Prize in Economics.
Diamond won the prize along with former Federal Reserve Chairman Ben Bernanke – now of the Brookings Institution – and Philip Dybvig of Washington University in St. Louis. They all won the prize for their research on banks and financial crises.