Explained: Monte Carlo simulations
Mathematical technique lets scientists make estimates in a probabilistic world
Diamond nominated for Federal Reserve post
MIT economist and Institute Professor is Obama’s choice for the U.S. central bank’s seven-person board of governors.
Esther Duflo wins Clark medal
MIT’s influential poverty researcher heralded as best economist under age 40.
The deep roots of inequality
MIT economics student’s study of Peru shows how practices from hundreds of years ago can influence prosperity today. ‘Pathbreaking,’ says a Harvard economist.
Friends, family gather to honor Paul Samuelson
At memorial service, Nobel-winning economist’s ‘warmth, wit and humility’ are recalled.
Michael Greenstone named director of The Hamilton Project
MIT economist to head Washington-based policy group
‘Failure is good’
In a talk to promote his new book, MIT’s Simon Johnson lambastes a finance industry he sees as lacking a healthy fear of losing money.
Paul Samuelson memorial to be held on April 10
Event in Kresge Auditorium will celebrate the Nobel laureate’s life and legacy.
Explained: Regression analysis
Sure, it’s a ubiquitous tool of scientific research, but what exactly is a regression, and what is its use?
3 Questions: Hunt Allcott on behavioral economics and the energy crisis
Can understanding human irrationality help solve our energy problems? An MIT researcher explains
