Writing for STAT, Prof. Jonathan Gruber examines his research showing that while doctors have more information about different tests and treatments, they make decisions similar to their patients when receiving care. Gruber says this finding suggests that to improve health care decision-making, financial incentives and other approaches are needed that go beyond providing patients with more information.
Writing for Fortune about the impacts of automation on the labor market, Geoff Colvin highlights Prof. Daron Acemoglu’s research analyzing the historical effects of technology on workers. Colvin explains that Acemoglu and his colleagues found that, “for the first time in modern history, automation isn’t necessarily good for workers overall.”
Speaking with Greg Rosalsky of NPR’s Planet Money, Prof. David Autor delves into his new research showing that large American cities no longer provide the same opportunities for upward mobility for people without college degrees. “The set of jobs that people without college degrees do has really contracted,” explains Autor, co-director of the MIT Work of the Future task force.
Prof. Jonathan Gruber speaks with WGBH’s Arjun Singh about the negative economic consequences of restricting access to abortion. “What is clear from the economic evidence is that if abortion access is restricted, it’s going to hurt women’s prospects in the labor market,” says Gruber.
Writing for Forbes, research affiliate Thomas Davenport examines the feasibility of robot taxation based on a debate at MIT Technology Review’s Emtech Next conference. “At some point we may need to replace the tax revenue from human jobs lost to automation,” writes Daveport. “If that day ever comes, I hope that the tax revenues issue is the most critical one we have to deal with.”
Preliminary research findings from an MIT team suggest that subsidizing subway fares increased usage of the MBTA by low-income riders, reports Michael Norton for State House News. “Low-income riders who received a subsidy, when compared to others who used a non-subsidized CharlieCard, took more MBTA trips, including trips for health care and social services,” writes Norton.
A preliminary report by MIT researchers examines how subway subsidies affect the rates of MBTA ridership among low-income residents, reports Crystal Haynes for Boston 25 News. “Researchers also found low-income riders took more trips to health care and social services than they would without the subsidized Charlie Card,” Haynes explains.
Prof. Amy Glasmeier speaks with New York Times reporter Eric Ravenscraft about the Living Wage Calculator, which uses specific data to estimate the cost of living in different areas of the country. “The question is, can you live on a minimum wage? And the answer is basically, no,” explains Glasmeier.
In an article for The Wall Street Journal, visiting lecturer Irving Wladawsky-Berger highlights how MIT researchers have proposed a new method for measuring the value of digital goods to consumers. Using this new metric, researchers found that “the digital economy is contributing more consumer value than we’ve realized,” Wladawsky-Berger writes.
Writing for The Wall Street Journal, Edward Glaeser spotlights a new book from Profs. Johnathan Gruber and Simon Johnson titled, “Jump-Starting America.” Glaeser writes that Gruber and Johnson have “produced a superbly argued case for public and private investment in education and research.”
Writing for Bloomberg, Profs. Jonathan Gruber and Simon Johnson argue that federal investment in scientific research can help address income inequality. “America desperately needs more hubs of growth,” they write. “It’s a problem that the government can and should address, by identifying and investing in the technologies of the future – and ensuring that the American people as a whole share in the gains.”
In an article for The Boston Globe, Profs. Jonathan Gruber and Simon Johnson underscore how federal investment in scientific research could be used to help ease income inequality in America. “Scaled-up and deployed strategically across most states, we estimate that an investment of $100 billion per year in public research and development could help create 4 million good new jobs,” they write.
Profs. Jonathan Gruber and Simon Johnson speak with MSNBC’s Stephanie Ruhle about their book, which argues that government investment in scientific research can help tackle income inequality. Gruber explains that inequality in America is place-based, noting that “we need a solution that is going to help the rest of the country, not just super-star cities, and we think place-based federal R&D can do that.”
Axios reporter Steve LeVine highlights several new studies co-authored by Prof. Daron Acemoglu that examine the negative impacts of automation on the labor market. “So far, we've used our know-how singularly automating at the expense of labor,” says Acemoglu. “If we keep on doing that, we will keep on destroying more jobs without job gains. It's completely our decision."
Profs. Jonathan Gruber and Simon Johnson discuss their new book, which argues that investment in scientific research is key to jump-starting the American economy, on Boston Public Radio. “We invest in science, turn that science into jobs,” says Johnson, “and spread that around the country. The coastal superstar cities have become extremely expensive, but there’s a tremendous amount of talent spread across the U.S.”