What do we know about the economics of AI?
Nobel laureate Daron Acemoglu has long studied technology-driven growth. Here’s how he’s thinking about AI’s effect on the economy.
Department
Economics
From refugee to MIT graduate student
As a child, a civil war drove Mlen-Too Wesley out of Liberia. As an adult, he has returned and is applying what he learned in an MITx MicroMasters program to help the West African nation thrive.
J-PAL North America announces new evaluation incubator collaborators from state and local governments
Selected LEVER collaborators will work with the organization to develop an evaluation of their respective programs that alleviate poverty.
Study: Hospice care provides major Medicare savings
The late-in-life health care option reduces patient costs, even as for-profit organizations expand in the sector.
How cfDNA testing has changed prenatal care
The noninvasive screening procedure can reduce pregnancy risks and lower costs at the same time, but only when targeted effectively.
MIT economists Daron Acemoglu and Simon Johnson share Nobel Prize
Along with James Robinson, the professors are honored for work on the relationship between economic growth and political institutions.
How social structure influences the way people share money
A new study shows that belonging to age-based groups, common in some global regions, influences finances and health.
Making a measurable economic impact
Saeed Miganeh’s work at MIT is helping him answer important questions about designing effective programs for poverty mitigation and economic growth in African countries.
School of Humanities, Arts, and Social Sciences welcomes nine new faculty
New professors join anthropology, economics, history, linguistics, music and theater arts, and philosophy departments, as well as the Program in Science, Technology, and Society.
Groundbreaking poverty alleviation project expands with new Arnold Ventures, J-PAL North America collaboration
Shared commitment to data-driven approach will help identify new policy solutions to reduce poverty and increase economic mobility in the US.
Balancing economic development with natural resources protection
From scallop fishing in New Bedford to deforestation in the tropics, “our goal is to get some empirical traction on the problem,” says PhD student Aaron Berman.
Collaborating to advance LEADing-edge digital financial infrastructure
Project led by MIT economist Rob Townsend aims to help low- and middle-income countries assess and utilize new technologies to improve central banks’ functions.
Large language models don’t behave like people, even though we may expect them to
A new study shows someone’s beliefs about an LLM play a significant role in the model’s performance and are important for how it is deployed.
David Autor named the inaugural Daniel (1972) and Gail Rubinfeld Professor in Economics
The new professorship will enable continued economics scholarship and help the chairholder train and support future economists.
How a quantum scientist, a nurse, and an economist are joining the fight against global poverty
The MITx MicroMasters in Data, Economics, and Design of Policy program educates learners around the world using its data-driven approach to poverty alleviation.