The Department of Economics has announced that Stephen Morris is the inaugural Peter A. Diamond Professor in Economics. This professorship was created by a generous gift from economics PhD alumnus C.C. Chen ’63, Sloan ’65, PhD ‘67, of Taipei, Taiwan. Chen, who received MIT degrees from three schools for his studies in the 1960s, has spent five decades as an entrepreneur, primarily in the global shipping industry. He is the founder and group chairman of Wan Hai Lines, one of the world’s largest container shipping lines, which today manages a fleet…