Douglas Diamond

Prof. Douglas Diamond’s journey to the Nobel Prize

Renowned economist reflects on 40-plus-year career at UChicago, looks ahead to Nobel week in Stockholm

Bernanke, two other Americans win Nobel Prize in economics

<p>Bernanke, two other Americans win Nobel Prize in economics</p>


Douglas Diamond wins Nobel Prize for research on banks and financial crises

The Royal Swedish Academy of Sciences honored Diamond, the Merton H. Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business, and two other economists for improving “our understanding of the role of banks in the economy, particularly during financial crises.” His pioneering research has changed the way people view banks and laid the groundwork for how central bankers, regulators, policymakers and academics approach modern finance.