MIT’s Joint Program on the Science and Policy of Global Change has pegged the annual cost of the proposed cap-and-trade legislation in Congress at $400 per U.S. household. But estimating the cost of doing nothing is far more difficult.
The MIT economist blames inadequate incentives for the failure to develop a vaccine against the virus that causes AIDS. He argues governments should help industry create an HIV vaccine by sharing risk.
MIT’s undergraduates fight poverty one statistic at a time, thanks to coordination between the Undergraduate Research Opportunities Program and the Abdul Latif Jameel Poverty Action Lab.