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		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.

		Daron Acemoglu wins the 2019 Global Economy Prize The Global Economy Prize honors those who have proposed creative, pathbreaking initiatives to deal with globalization. The 2019 award recipients include Professor Acemoglu for his work in poverty research and "unparalleled combination of originality, thoroughness, and high productivity."

		Doctoral student Pierre-Luc Vautrey applies behavioral economics to analyze decision-making Pierre-Luc Vautrey's collaborations with Professor Frank Schilbach and other MIT doctoral students combine economic models with insights from psychology and field-based research to shed light on important determinants of economic decisions.

		MIT Economics congratulates Jetson Leder-Luis on his Ford Foundation Dissertation Fellowship These fellowships, awarded by the National Academies of Sciences, Engineering, and Medicine, seek to increase the diversity of the nation's college and university faculties by increasing their ethnic and racial diversity, to maximize the educational benefits of diversity, and to increase the number of professors who can and will use diversity as a resource for enriching the education of all students.

		Jim Poterba receives the Frank E. Perkins Award for Excellence in Graduate Advising Provost Martin Schmidt and Jim Poterba at the MIT 2019 Awards Convocation. This recognition is awarded by the Graduate Student Council to one faculty member from each school who has served with compassion, excellence, and dedication for their students. Over the course of his MIT career, Jim has served as primary adviser for nearly seventy doctoral students, and the secondary advisory for twenty more.

		Franklin M. Fisher, Professor Emeritus, passed away on April 29 Frank Fisher, the Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics, emeritus, joined the MIT Economics Department in 1960. He taught generations of students econometrics and antitrust,and advised numerous theses, until his retirement from the department in 2004. He was a prolific scholar, authoring more than a dozen books and over 200 articles. His numerous accolades as a professional economist began with a Junior Fellowship in Harvard's Society of Fellows, and included award of the John Bates Clark Medal in 1973, election as a fellow in the American Academy of Arts and Sciences and Econometric Society, and presidency of the Econometric Society. Frank also had a distinguished career as an antitrust expert, including lead positions on both the IBM and Microsoft antitrust cases. He devoted much of his later career to the economics and politics of water in the Middle East, advancing progress on both water resource allocation and conflict resolution. Frank will be greatly missed.

		PhD student Ari Bronsoler aims to transform health care delivery in his native Mexico Bronsoler is researching pressing health care issues in Mexico, including diabetes, sugary beverage consumption, and communication efficiency. With diabetes, "Mexico has three main problems: prevention culture, diagnosis capabilities, and early treatment," Bronsoler explains. He has partnered with a low-cost suite of private clinics that offer unlimited consultations for an annual fixed fee and is studying what effects this model of care could have on health outcomes.

		Glenn Ellison receives the Distinguished Fellow Award from the Industrial Organization Society Ellison was recognized for his "fundamental contributions in several subfields of economics" at the 2019 International Industrial Organization Conference in Boston, MA.

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