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Prof. Simon Johnson, who along with Prof. Daron Acemoglu has received the 2024 Nobel Prize in economic sciences, speaks with Lynn Jolicoeur, host of WBUR’s All Things Considered, about his Nobel Prize winning research and how new technologies could play into the future of democracy. “My bumper sticker for this whole moment is, ‘more good jobs,’” says Johnson. He notes that along with his colleagues Profs. Daron Acemoglu and David Autor, he is “pushing for ways that we can tap into new technology, the latest technology, including artificial intelligence, to push the development and deployment of technology towards more good jobs. If you can do that, I think you can right the ship of democracy and more people will feel confident in their future.”

Boston Globe reporter Alexa Gagosz spotlights the work of Profs. Daron Acemoglu and Simon Johnson, recipients of the 2024 Nobel Prize in economics for their research examining global inequality. MIT President Sally Kornbluth called Acemoglu and Johnson, who first stepped foot on MIT’s campus in 1985 as a graduate student, “prolific and influential scholars” whose work “reflects a very MIT interest in making a positive impact in the real world.” Kornbluth added: “Their historical investigations have a great deal to teach us about how and why real societies fail or thrive. And they [have] both become familiar voices in the news, public intellectuals trying to help us all make sense of a tumultuous world.”

Writing for Fast Company, Senior Lecturer Guadalupe Hayes-Mota SB '08, MS '16, MBA '16, explores new approaches to improve the drug development process and more effectively connect scientific discoveries and treatment. “Transforming scientific discoveries into better treatments is a complex challenge, but it is also an opportunity to rethink our approach to healthcare innovation,” writes Hayes-Mota. “Through cross-disciplinary collaboration, leveraging AI, focusing on patient-centered innovation, and rethinking R&D, we can create a future where scientific breakthroughs translate into meaningful, accessible treatments for all.”

Prof. David Rand speaks with Scientific American reporter Ben Guarino about why misinformation can spread so easily following a natural disaster like Hurricane Helene. “Disasters are ripe for conspiracy theories because there is a lot of uncertainty as things are unfolding and a lot of fear,” explains Rand. 

Profs. Daron Acemoglu and Simon Johnson have been awarded the Nobel Prize in economic sciences for their research that “advanced the understanding of economic disparities among countries,” reports Paul Hannon and Justin Lahart for The Wall Street Journal. “I’ll be very happy if this prize contributes to having more awareness of the importance of building better institutions, building better democracy,” said Acemoglu. “I think those are urgent challenges for us.”

Fast Company reporter Kristin Toussaint spotlights a new study by MIT researchers that examines the energy burden in the U.S., the percent of a household’s income spent on energy costs. The researchers found a disproportionate number of people in the South experiencing energy poverty. “As the climate warms, we’re going to need to use more and more energy on air-conditioning, and that’s going to increase the burden on low-income households,” explains Prof. Christopher Knittel. 

Writing for MarketWatch, Joseph Coughlin, director of the MIT AgeLab, emphasizes that the dockworker strike was “emblematic of broader shifts in the American workforce and the integration of technology in the workplace. As older generations retire and younger ones seek more flexible, technology-driven careers, traditional industries must adapt or be left behind.”

Prof. Anna Stansbury speaks with Soumaya Keynes of the Financial Times podcast “The Economics Show” about her recent research on the class ceiling, which finds that an individual’s family circumstances can hold them back, even if they have earned a PhD. “We should care if people have opportunities to fulfill their talents for reasons of equity and justice. But the other is a very kind of banal economic reason, which is efficiency,” says Stansbury. “If you assume that talent for something is equally distributed, then we should care if people that are talented aren’t getting to fulfill that talent because it’s worse for overall productivity and overall outcomes.”

MIT has been named the No. 2 university in the world, according to the Times Higher Education World University Rankings, reports Rosa Ellis. “The Massachusetts Institute of Technology (MIT) is now the US’ highest-ranked university, in second place globally, its best-ever performance,” explains Ellis.

Prof. Daron Acemoglu speaks with Greg Rosalsky of NPR’s Planet Money about a recent survey that claims "almost 40% of Americans, ages 18 to 64, have used generative AI." "My concern with their numbers is that it does not distinguish fundamentally productive uses of generative AI from occasional/frivolous uses," says Acemoglu.