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		UEA Lecture: Why is the Economics of Climate Change so Difficult and Controversial? Thank you for joining us on Thursday, March 7 at 4pm in 3-370 for a lecture from Martin Weitzman (Harvard University). Description: The economic analysis of climate change presents an incredibly difficult intellectual challenge. It compels the economist to confront issues that push economic analysis to the breaking point - and sometimes well beyond. Economists are forced to grapple with many issues that are novel or that have previously been swept aside. The questions being raised are of supreme importance, but do not often lend themselves to simple or easy answers. This talk will provide a fast-paced crash course on why the economics of climate change is so especially difficult and so especially controversial.

		Nikhil Agarwal named a 2019 Sloan Foundation Research Fellow Agarwal is a leading scholar in the empirical analysis of matching markets, including the National Medical Residency Match Program, public school choice, and organ transplant programs, and has been an invited lecturer for NBER Methods lectures and the AEA Continuing Education program. His most recent work on kidney exchange platforms was featured in a November Vox article.

		Ph.D. student, Lucy Page, co-authors op-ed featured in the New York Times MIT doctoral student, Lucy Page, co-authors "A New Home for Extreme Poverty: Middle-Income Countries" for the New York Times. The article describes how many of the world's most impoverished people are not receiving aid, as they live in countries whose economies are growing and are no longer eligible to receive assistance. Making matters worse, the governments in high-poverty, middle-income countries are often slow to redistribute income to the poor. The authors suggest that donors focus on increasing the tax and redistribution abilities of these governments and strengthening democratic institutions.

		Olivier Blanchard gives the AEA Presidential Address Olivier Blanchard, the Robert M. Solow Professor of Economics Emeritus and the 2018 President of the American Economic Association, delivered his presidential address on "Public Debt and Low Interest Rates" at the AEA meetings in early January. Hear him speak at MIT on January 17th in E51-345 from 11:30am - 1:00pm.

		Parag Pathak receives the John Bates Clark Medal at the 2019 AEA Meetings Parag Pathak received the John Bates Clark Medal at the American Economic Association (AEA) meeting in Atlanta in early January. This honors the American economist under the age of 40 who has made the most significant contribution to economic thought and knowledge. The award was presented by AEA President Ben Bernanke (PhD '79).

		20th Anniversary of the Euro: The Past and the Future - Panel on January 17th Daron Acemoglu of MIT, George Alogoskoufis of Tufts, Olivier Blanchard of Peterson Institute and MIT, and Jeffrey Frankel of Harvard served on an MIT Economics Panel during IAP in January 2019.

		David Autor presenting the Richard T. Ely lecture David Autor presented the annual Richard T. Ely lecture at the 2019 American Economic Association meetings, held in Atlanta in early January. His talk, "Work of the Past, Work of the Future," analyzed how the decline of both manufacturing production and office administrative work in urban areas has limited the opportunities for non-college workers, eroded the robust wage premium that they formerly earned in urban labor markets, and heightened the economic challenges for U.S. workers who do not hold a college degree. See link for lecture: https://www.aeaweb.org/webcasts/2019/aea-ely-lecture-work-of-the-past-work-of-the-future

		Dr. Hal Varian '69, Google Chief Economist delivers UEA lecture Hal Varian '69, one of the pioneers in the field of information economics, delivered the Fall 2018 Undergraduate Economics (UEA) Lecture on December 5. He spoke on "Economics and Data Science," explaining how economic analysis was an increasingly important source of conceptual frameworks that guide data analysis in both digital and traditional businesses, and how data science was making it possible for economists to study exciting new questions. He also met informally with a number of UEA members.

		Alex Wolitzky publishes new paper re-evaluating the notion that data-sharing helps cartels A newly published paper co-authored by MIT Associate Professor Alex Wolitzky and Associate Professor Takuo Sugaya of Stanford - "Maintaining Privacy in Cartels" - appears in the December issue of the Journal of Political Economy. The paper suggests that not only can firms collude without sharing information extensively, but less data-sharing can actually lead to more collusion. Link to another MIT News article featuring Alex Wolitzky: http://news.mit.edu/2018/game-theory-politics-alexander-wolitzky-1204

		The Economist names Parag Pathak and Heidi Williams among "the decade's eight best young economists" The magazine applauds Pathak for his "question-driven, issues-first approach" to improved school choice algorithms and school effectiveness. Williams is lauded for her pursuit of a "more rigorous understanding of technological progress in medicine and health care." Five of the eight economists mentioned hold MIT PhDs.

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