In a letter to the Financial Times, graduate student Daniel Aronoff writes about what he sees as the root causes of populist discontent in America. Aronoff notes that, “Those who wish to preserve the rules-based order — and I count myself among them — need to climb out of their echo chamber, open their minds and listen.”
In an article for the Financial Times about the best economics books of 2017, Martin Wolf highlights new works by Prof. Andrew Lo and Prof. Peter Temin. Wolf writes that in Temin’s “important and provocative book, [he] argues that the US is becoming a nation of rich and poor, with ever fewer households in the middle.”
In a Financial Times article, Senior Lecturer Robert Pozen details how the proposed tax plan would encourage employers to relocate US jobs to foreign countries. As a result of the foreign profits minimum tax, countries could “offer a corporate tax rate at 10 percent to US companies if they would relocate their manufacturing or research facilities,” explains Pozen.
In an op-ed for the Deseret News, graduate student Ryan Hill describes a House-passed tax bill as “devastating” to graduate students, highlighting a provision that designates tuition waivers as taxable income. “The new tax deeply undermines our nation’s commitment to basic research and technological innovation,” writes Hill.
Writing for The New York Times, graduate student Erin Rousseau examines how the House tax bill would negatively impact graduate students in the U.S. The bill, “would make meeting living expenses nearly impossible, barring all but the wealthiest students from pursuing a Ph.D. The students who will be hit hardest are those from communities that are already underrepresented in higher education.”
MIT Sloan Senior lecturer Neal Hartman writes for HuffPost about whether it’s possible to prevent election interference via social media. “We can blunt their attempts at manipulation by common-sense corporate, media, government and individual citizen actions, exposing untruths and speaking truths when we can,” writes Hartman.
Writing for The Wall Street Journal, Senior Lecturer Robert Pozen writes about how to improve the bipartisan health care bill. Pozen writes that measures such as broadening the use of tax-advantaged accounts and encouraging the growth of interstate sales of health care policies should, “ensure the bill has a smoother journey through the legislative process.”
Bloomberg Businessweek reporter Arianne Cohen spotlights Prof. Andrew Lo’s research examining adaptive markets. Cohen explains that, “Lo’s hypothesis says people act in their own self-interest but frequently make mistakes, figure out where they’ve erred, and change their behaviors. The broader system also adapts.”
Prof. Kerry Emanuel writes for The Washington Post about how climate change and U.S. disaster policies are threat-multipliers for natural disasters like hurricanes. “The confluence of rising sea levels and stronger and wetter hurricanes with increasing coastal population and unwise government interference in insurance markets portends ever increasing hurricane disasters."
Research Scientist Jennifer Morris writes for Salon about her research showing that power companies should invest in carbon-free power sources despite uncertainty about future U.S. emissions limits. Morris and her colleagues found that investing in carbon-free sources, “best positions the United States to meet a wide range of possible future policies at a low cost to the economy.”
Aaron Schrank reports for Marketplace that the textile industry is experiencing a revival as it creates more technologically advanced fabrics. Schrank highlights the Advanced Functional Fabrics of America (AFFOA) Institute, led by Prof. Yoel Fink, where researchers have developed programmable backpacks that should be able to “send you an email when they get lost."
Prof. Lawrence Vale writes for Slate that proposed cuts to the Department of Housing and Urban Development’s funding could worsen the public housing crisis in the U.S. Vale writes that the American public housing system, “suffers from a toxic convergence of long-deferred maintenance, squeezed budgets and cost-cutting measures.”
Prof. Jonathan Gruber writes for The Washington Post that the Senate’s health care bill could make the opioid epidemic worse by proposing a, “rollback of the Medicaid expansions that had finally slowed the rapid growth of this devastating problem.”
Avantika Chilkoti of The New York Times assesses news coverage of the health care debate using Media Cloud, a platform that tracks online stories developed in part by researchers from the MIT Center for Civic Media. Since May, news about Russia and former FBI director James Comey “outstripped coverage of the health care bill on 30 of 67 days,” writes Chilkoti.
In this New York Times opinion piece, Prof. Emeritus Noam Chomsky discusses the current state of American politics with George Yancy, a professor of philosophy at Emory University. Speaking about the weightiest issues facing humanity, Chomsky explained that in his view, “The most important issues to address are the truly existential threats we face: climate change and nuclear war.”