Douglas Martin writes for The New York Times about the late Professor Morris Adelman who died at his home in Newton on May 8. Adelman spent six decades as a faculty member in the MIT economics department.
The Economist looks at the work of Professor David Autor while investigating how technological advances are influencing future employment. Autor’s research indicates that the fact that a job can be automated does not guarantee it will be and other factors, such as the cost of labor, play a role.
“Where noncompetes are not enforced, there’s a more open labor market — companies compete for talent,” said Professor Matthew Marx in this New York Times article by Steven Greenhouse. Marx sites California’s ban on noncompetes as a major reason for Silicon Valley’s success.
“According to a paper by Mr. Autor published Thursday in the journal Science, the true cost of a college degree is about negative $500,000,” David Leonhardt writes in a New York Times piece about David Autor’s research on inequality.
In an article for The Washington Post, Jim Tankersley reports on a new Science article by Professor David Autor. In the article Autor contends that inequality, driven by varying levels of education, has risen dramatically among the 99 percent.
Wall Street Journal reporter Brenda Cronin features David Autor’s new research on inequality. “Two ‘destructive’ points that Mr. Autor tries to skewer with his most recent work are the idea that prospects are dim for all but the financial elite—and the notion that too many students are giving rise to a “college bubble,” Cronin writes.
In an article for Forbes, Yevgeniy Feyman and Fil Babalievsky report on new research from Professor Jonathan Gruber that tackles the question of how competition among insurers impacts premium rates.
A new study by researchers from MIT and Harvard shows that emigration may not relieve pressure on weak economies, The Economist reports.