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Prof. Jonathan Gruber speaks with Boston Public Radio hosts Jim Braude and Margery Eagan to explain the US deficit and its impact on the economy. Gruber says “there are four options to lowering the deficit. The first is to get inflation under control. Second is to ensure a stable and responsible government. Third, is to decrease spending. And the fourth option is to raise taxes.”


Prof. Iván Werning speaks with NPR Planet Money hosts Amanda Aronczyk and Erika Beras about the dollarization of Argentina – an effort being made to address issues within their economy. “One of the big problems of dollarizing is you basically lose the capacity to influence the economy,” says Werning. “So we all hear about the fed in the U.S. lowering rates or raising rates to try and control to minimize recessions. When you dollarize, you give that capacity up.”

Financial Times

Prof. Emeritus Olivier Blanchard speaks with Robert Armstrong of the Financial Times about inflation, the rise in long yields and the fiscal endgame in the U.S. Blanchard urges regulators to, “have plans for a steady reduction of primary deficits to close to zero. Slow, steady, convincing, credible.”

New York Times

Prof. Iván Werning speaks with New York Times reporter Peter Coy about whether transitioning from pesos to the U.S. dollar could help control inflation in Argentina. Coy writes that Werning prefers “more conventional solutions such as bringing government budgets closer into balance.”


This summer’s heat waves and droughts have brought forth a series of issues including disruption of crop production, further inflation, and electrical issues, reports Colin Lodewick for Fortune. “I think it’s too early to quantify, but I have no doubt that these extreme events are contributing to high prices,” says Sergey Paltsev, deputy director of MIT’s Joint Program on the Science and Policy of Global Change. “In the future, if we don’t change the course of action, it’s going to be worse.” 

The Boston Globe

Institute Prof. Emeritus Peter Diamond speaks with Boston Globe reporter Scot Lehigh about the Fed’s attempts to control inflation. “My message to the Fed would be, yes, we need to cool the economy, but we need to go slowly in doing so, and see how this plays out, because we shouldn’t have confidence in our predictions,” says Diamond.


Prof. Jon Gruber speaks with Boston Public Radio hosts Jim Braude and Margery Eagan about the current state of inflation and what to expect in the future.  “I think a gradual increase in interest rates can get us there [combating inflation] without throwing us into a recession,” says Gruber.


Prof. Jonathan Gruber speaks with GBH co-hosts Jim Braude and Margery Eagan about the cause and future of inflation in the United States. “I think that inflation is going to come down because I think people are going to start to run out of this extra money they have been spending, but I don’t think it’s going to come down in the near future anywhere toward the levels it was in the 2000s” says Gruber.


A new paper from Prof. Kristin J. Forbes finds that the increased impact of globalization on the rate of inflation will affect everything from government policy to stock market returns. “The study's findings also suggest that central banks may be losing their power to direct the economy,” reports Dion Rabouin for Axios.

The Wall Street Journal

Spun out of Sloan’s Billion Prices Project, PriceStats tracks millions of items sold online and produces a daily measure of U.S. consumer prices, allowing investors to track inflation faster.“By producing a daily index of prices…it has a considerable jump on figures that government entities calculate monthly,” writes Eric Morath of the Wall Street Journal.

Financial Times

In an article for the Financial Times, Robin Wigglesworth highlights Profs. Alberto Cavallo and Roberto Rigobon’s work with the Billion Prices Project. Wigglesworth notes that the project is an, “example of a broader trend of trawling the swelling sea of big data for clues on how companies, industries or entire economies are performing.”

Financial Times

Financial Times reporter Tim Harford writes about the Billion Prices Project, which was started by Profs. Alberto Cavallo and Roberto Rigobon in an effort to better understand inflation by gathering price data from online retailers. Harford writes that the project’s “approach to inflation is also helping us to understand the fundamental question of why recessions happen.”


In a piece for The Huffington Post, Jon Hartley writes about The Billion Prices Project, an initiative started by Profs. Roberto Rigobon and Alberto Cavallo to measure daily inflation. “The BPP daily inflation indices cover more than 70 countries and use daily price fluctuations of over five million items sold in over 300 online retailers,” Hartley explains.