The White House
Office of the Press Secretary
For Immediate Release
October 11, 2010
Statement by President Obama on Diamond and Mortensen Being Awarded the 2010 Nobel Memorial Prize in Economic Science
I congratulate Peter Diamond and Dale Mortensen on winning the Nobel Prize in Economics for their groundbreaking economic research that has applications in a wide range of areas, like unemployment and housing, where we need our best and brightest minds. I have nominated Peter to the Board of Governors of the Federal Reserve to help bring his extraordinary expertise to our economic recovery. I hope he will be confirmed by the Senate as quickly as possible.
