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|MIT economists Esther Duflo and Abhijit Banerjee win Nobel Prize
Esther Duflo and Abhijit Banerjee, MIT economists whose work has helped transform antipoverty research and relief efforts, have been named co-winners of the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with another co-winner, Harvard University economist Michael Kremer.
|Science News names Parag Pathak to the SN10 top young scientists
Parag Pathak, the Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics at MIT, has been named by Science News as one of 10 early- and mid-career scientists with great potential to shape the future of their field. Each scientist included in the "SN10" is under 40 and was nominated by a Nobel laureate, a recently elected member of the National Academy of Sciences, or a scientist previously named to the "SN10" list.
|The Narrow Corridor: States, Societies, and the Fate of Liberty
New book by Daron Acemoglu, MIT Economics's Institute Professor, and James A. Robinson, a political scientist at the University of Chicago, published today by Penguin Random House. According to the publisher, 'The Narrow Corridor' is "a crucial new big-picture framework that answers the question of how liberty flourishes in some states but falls to authoritarianism or anarchy in others–and explains how it can continue to thrive despite new threats."
|A business checklist for work of the future
Automation doesn't just happen to industries, or to their workers. A new MIT report outlines business's role in shaping the jobs of the future.
|Work of the Future Task Force report highlights the challenges of technology
MIT's Work of the Future Task Force, led by David Autor, David A. Mindell, and Elisabeth B Reynolds, released their initial findings the Fall 2019 Report.
|Meet Carolyn Stein: Researching the economics of science
MIT PhD student explores the impact of scientists being "scooped" when a competing research team publishes results first, a concern for many disciplines.
|Nancy Rose and David Autor discuss bridges from economics to the Schwarzman College of Computing
For the series, "Computing and AI: Humanistic Perspectives from MIT," Nancy Rose, Kindleberger Professor of Applied Economics, and David Autor, the Ford Professor of Economics, discuss opportunities for economics and computer science to engage each other through the new MIT Schwarzman College of Computing.
|UEA Lecture: Stanley Fischer, "On Central Bank Independence," Sept. 27
Dr. Stanley Fischer, PhD '69, the former Governor of the Bank of Israel and Vice-Chair of the Federal Reserve Board, delivered the fall Undergraduate Economics Association Lecture on "Central Bank Independence." Fischer, who is today a Senior Adviser at BlackRock, an investment firm, offered lessons on the role of economic analysis in policy design based on his distinguished career in public service. He discussed in particular the challenges when political pressures are brought to bear on central banks. The lecture was co-sponsored by the Sloan School Finance and Policy Club.
|Victor Chernozhukov named IMS Fellow
Victor Chernozhukov, International Ford Professor, has been named Fellow of the Institute of Mathematical Statistics (IMS) for his work on high-dimensional inference. An induction ceremony took place on July 29, 2019, at the Joint Statistical Meetings in Denver, Colorado.
|Daron Acemoglu named Institute Professor -- MIT's highest faculty honor
MIT has announced the appointment of Economics faculty member Daron Acemoglu to the rank of Institute Professor, a rank restricted to just a dozen faculty members across the Institute. The title, which has not been given out since 2015, recognizes exceptional leadership, accomplishment, and service to the Institute and public. At MIT, Acemoglu has spent more than 25 years researching topics in labor economics and studying the relationship between politics and economics. He has authored or co-authored over 120 peer-reviewed papers and advised over 60 PhD students. His awards include the highest accolades Economics has to offer, among them the John Bates Clark Medal, Nemmers Prize in Economics, and the BBVA Foundation Frontiers of Knowledge Award. As MIT President L. Rafael Reif concludes: "Daron Acemoglu embodies the essence of MIT: boldness, rigor and real-world impact. From the John Bates Clark Medal to his decades of pioneering contributions to the literature, Daron has built an exceptional record of academic accomplishment. And because he has focused his creativity on broad, deep questions around the practical fate of nations, communities and workers, his work will be essential to making a better world in our time." Daron Acemoglu joins an exceptional group of Economics faculty who have preceded him as Institute Professors: Peter Diamond, Bob Solow, Franco Modigliani, and Paul Samuelson.
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