The winners are Diamond, Mortensen, and Pissarides.
I guess we have to add getting shot down by ignorant Senators who don’t think you know enough about your own specialty to the list of reasons people get bumped up on the list.
… Sen. Richard Shelby (R-Ala.) argued, about Diamond, “I do not believe he’s ready to be a member of the Federal Reserve Board. I do not believe that the current environment of uncertainty would benefit from monetary policy decisions made by board members who are learning on the job.”
Good one, Alabama.
