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Peter Diamond

Peter Diamond, American economist

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Born
April 29, 1940
Age in 2026
86
Zodiac sign
Taurus
Birth year
1940

About Peter Diamond

Peter Arthur Diamond is an American economist known for his analysis of U.S. Social Security policy and his work as an advisor to the Advisory Council on Social Security in the late 1980s and 1990s. He was awarded the Nobel Memorial Prize in Economic Sciences in 2010, along with Dale T. Mortensen and Christopher A. Pissarides. He is an Institute Professor at the Massachusetts Institute of Technology. On June 6, 2011, he withdrew his nomination to serve on the Federal Reserve's board of governors, citing intractable Republican opposition for 14 months. In October 2010, Diamond was awarded the Nobel Prize in Economic Sciences, along with Dale T. Ball Award for Outstanding Achievements in Social Insurance, awarded by NASI.

Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.

Peter Diamond timeline

  1. In October 2010, Diamond was awarded the Nobel Prize in Economic Sciences, along with Dale T.
  2. He was awarded the Nobel Memorial Prize in Economic Sciences in 2010, along with Dale T.
  3. He was awarded the Nobel Memorial Prize in Economic Sciences in 2010, along with Dale T. Mortensen and Christopher A. Pissarides.

The world when Peter Diamond was born

Peter Diamond was born in 1940. The year snapshot below places that birthday in its cultural and historical setting: the music and films people were following, the headlines shaping public life, and the everyday prices families encountered.

Culture in 1940

  • #1 song"In the Mood" – Glenn Miller
  • Top movieRebecca
  • Best-selling bookFor Whom the Bell Tolls – Ernest Hemingway

Headlines and milestones

  • Major sports momentFirst televised college basketball game
  • Top headlineWinston Churchill becomes British Prime Minister
  • Technology milestoneFirst McDonald's restaurant opens
  • Defining fadSwing music hits its peak
  • Notable inventionJeep (military vehicle)
  • World population2.30 billion

United States snapshot

  • U.S. leaderFranklin D. Roosevelt
  • Sports championCincinnati Reds (World Series)
  • U.S. population132.2M

1940 versus 2026

These figures put everyday life in Peter Diamond's birth year beside the site's latest United States snapshot.

Measure19402026
Gas$0.18$3.45/gal
Average home$5,300$435,000
Average income$3,100$67,500
Minimum wage$0.30$7.25/hr (federal)
Movie ticket$0.25$11.95
Postage stamp$0.03$0.73
Population132.2M341 million

Sources and editorial standards

This profile combines a biographical source with structured birthday and historical context. Sources recorded for this profile: Wikipedia, Encyclopaedia Britannica, Library of Congress. See our editorial policy for sourcing, corrections, and review standards.

Read the source biography on Wikipedia. Wikipedia text is available under the Creative Commons Attribution-ShareAlike License.