A new white paper by Prof. Daron Acemoglu and graduate student Andrea Mandera finds that the U.S. tax code incentivizes companies to invest in automation rather than employees, reports Peter Coy for Bloomberg. “Favorable taxation of capital leads to excessive automation,” explains Acemoglu.
Writing for the Financial Times, research affiliate Ashley Nunes explores Vice President Joe Biden’s climate change policy. “If Americans are serious about addressing climate change, it’s time we accept a seldom-discussed truth,” writes Nunes. “Doing more for the planet starts with having less.”
Melissa Nobles, dean of the MIT School of Humanities, Arts and Social Sciences, speaks with Leoneda Inge of WUNC about the issue of racial categorization with the census. “The census itself is an incredibly important instrument for government to do good,” says Nobles.
Writing for The Wall Street Journal, Prof. Charles Stewart III argues that “those out to undermine Americans’ confidence in the mechanics of their democracy are depending on an information void following Nov. 3, which they will try to fill with a torrent of disinformation designed to foment potentially violent conflict. To protect the legitimacy of the outcome, election officials and journalists will need to fill that void with facts about the counting.”
In an article for The New York Times, Prof. Charles Stewart III examines how to ensure that voting is safe and accessible during this year’s presidential election. “We need the campaigns, the leaders with big followings and civil society to point voters to the correct information on all the different ways to vote this November and why each mode is safe and secure,” writes Stewart.
In an article about capitalism and climate change, Bloomberg reporter Akshat Rathi spotlights principal research scientist Andrew McAfee’s book, “More from Less.” McAfee makes the case that “it is in capitalism’s nature to increase inequality,” writes Rathi, “and it is a responsive government’s job to reign in that excess.”
In a piece exploring why certain countries experience wealth or poverty, The Economist spotlights Prof. Daron Acemoglu’s book, “The Narrow Corridor,” and recent research by Acemoglu and Prof. Simon Johnson. The Economist notes that Acemoglu and Johnnson “found a further element of randomness which may explain contemporary patterns of wealth and poverty—namely, which countries are more prone to certain diseases.”
Newsweek reporter Meghan Roos writes that a study co-authored by Prof. Victor Chernozhukov finds a nationwide mask mandate in the U.S. could have reduced Covid-19 deaths by 40% among workers who regularly interact with the public. The researchers found “a national mask mandate for workers could have prevented between 17,000 and 55,000 deaths between the start of April and the start of June.”
Fast Company reporter Nate Berg spotlights Lecturer Karilyn Crockett and her new role as Chief of Equity for the City of Boston. “The idea that there is a person who is tasked with explicitly looking at these things is critical, but also, more than just a person or a single office, the idea that there’s a commitment to structural change,” says Crockett.
A new study by Prof. Charles Stewart III “predicts that the outcome of this year’s presidential election — and the problem known as the ‘lost vote,’ in which legitimate ballots go uncounted — could fuel postelection allegations of a rigged election,” reports The New York Times.
Writing for The Washington Post, Prof. Robin Wolfe Scheffler underscores the importance of not only pursuing coronavirus vaccine development initiatives, but also “addressing the social and political factors that exacerbate disease and limit the access of many Americans to basic medical care.”
MIT researchers have found that the Paycheck Protection Program helped protect around 2.3 million jobs, reports Jonnelle Marte for Reuters. “The researchers compared hiring trends at companies that were eligible for the program to those that were too large to qualify,” writes Marte. “They found that hiring at eligible companies rose after the launch of PPP when compared to companies that did not qualify.”
Bloomberg reporter Maeve Sheehey writes that a new study co-authored by MIT researchers finds that the Paycheck Protection Program helped to boost employment by 2% to 4.5%. “The research suggests that providing money directly to companies helped curb job losses during the pandemic,” writes Sheehey.
A study co-authored by MIT researchers finds that the Paycheck Protection Program saved between 1.5 and 3.5 million jobs, reports David Leonhardt for The New York Times. “The study adds to the mounting evidence about one kind of economic stimulus that seems to have worked especially well during the pandemic: direct subsidies to businesses, to keep people employed.”
Using statistical analysis, Prof. Victor Chernozhukov found that “40,000 lives would have been saved in two months if a national mask mandate for employees of public-facing businesses had gone into effect on April 1 and had been strictly obeyed,” reports Peter Coy for Bloomberg.