2022 Nobel Memorial Prize in Economic Sciences; Merton H. Miller Distinguished Service Professor of Finance, University of Chicago’s Booth School of Business; Member of the National Academy of Sciences and the American Academy of Arts and Sciences
Douglas Diamond is an expert on financial crises, banking, and financial regulation. He develops frameworks for businesses and economic policy makers to understand, prevent, and respond to financial crises. His ideas were used by policy makers in responding to the great financial crisis in 2008. He provides coherent perspectives on current issues in financial markets and the world economy.