Policy

Writing for The Boston Globe, President Sally Kornbluth emphasizes the importance of investment in discovery science, what she calls “curiosity on a mission." Kornbluth notes: “When someone we love needs therapies that could have emerged but didn’t or when other countries now investing in science can launch new science-based industries or run their societies on vast resources of fusion energy or reap the benefits of quantum computing power or advanced medical breakthroughs, America will wish it sustained its leadership in scientific research here and now.”

Sloan Visiting Prof. Gilbert Metcalf joins Marketplace to discuss whether suspending the gas tax could help consumers with rising prices. Metcalf notes that halting the tax likely won’t help, as gas prices have already risen by 40% or higher in some parts of the country. He also notes pausing the tax would hurt the country’s deficit, explaining that “every dollar that we take away in gas tax revenue means that's another dollar we have to spend out of the general budget” for infrastructure. 

President Emeritus L. Rafael Reif writes for The Boston Globe that with the advent of transformative AI, there is an urgent need for “a bilateral conversation between Washington and Beijing, focused on the shared dangers these technologies pose to each nation and to global stability. Both governments must work toward agreed guardrails, defining not just how this technology should be used but where it must never be applied. Red lines need to be defined, established, and agreed upon.” 

Senior Research Associate Jim Walsh speaks with WBUR Here & Now host Indira Lakshmanan about where things stand one month into the U.S. conflict with Iran. 

Senior Research Associate Jim Walsh speaks with WBUR Here & Now host Indira Lakshmanan about the global impact of the United States’ conflict with Iran. 

A new working paper by researchers from MIT and other institutions explores the impact of the North American Free Trade Agreement (NAFTA), reports Ana Swanson for The New York Times. The researchers “found that American workers in communities that were more exposed to competition from Mexican imports saw a significant shortening of their life spans after the trade deal went into effect in 1994,” writes Swanson. 

Prof. Christopher Knittel speaks with New York Times reporter Emmett Lindner about how the conflict with Iran has influenced gas prices in the United States. “When there’s a supply disruption in the Middle East, that raises prices for every barrel of oil in the world,” explains Knittel. “Those price increases then trickle down to products that use oil, gasoline being the most relevant one.”

Prof. Simon Johnson speaks with Associated Press reporter Paul Wiseman about how the conflict with Iran has impacted the global economy. “The Strait of Hormuz has to be reopened,” says Johnson. “It’s 20 million barrels of oil a day going through there. There’s no excess capacity anywhere in the world that can fill that gap.” 

Prof. Simon Johnson speaks with CNBC Squawk Box reporter Andrew Ross Sorkin about the state of private credit. “The opacity of this sector has become a problem,” says Johnson. “I think disclosure, at least to the authorities and publicly, would be healthy for everyone.” 

Prof. Christopher Knittel speaks with Bloomberg reporter Stacey Vanek Smith about increased gas prices. “Gas is something we tend to buy on a weekly basis,” says Knittel. “But also, we see the price hundreds of times a day. Even if you’re not buying it, you see the price, so the salience of gas prices is like no other.” 

Senior Research Associate Jim Walsh speaks with WBUR Here & Now host Indria Lakshmanan about the U.S. military action in Iran. 

Writing for The Washington Post, Senior Lecturer Robert Pozen explores the economic implications of blocking the opening of the Gordie Howe International Bridge, which links Detroit to Windsor, Ontario. “The new bridge is essential to modernizing the Michigan-Canada trade corridor,” writes Pozen. “It will create a second freeway-to-freeway link, thereby relieving bottlenecks and congestion on the old bridge.” 

MIT researchers have built “the first complete model of pedestrian activity in New York City,” a template that could be applied to any U.S. city, reports Elissaveta M. Brandon for Fast Company. “The model, which maps foot traffic across all sidewalks, crosswalks and footpaths in NYC during peak periods, reveals surprising patterns about the way people move around the city, as well as where they are most vulnerable to vehicle crashes,” explains Brandon. “It could have tremendous benefits for city planners.” 

Prof. Jim Walsh speaks with WBUR’s Here & Now host Tiziana Dearing about increased military presence in the Middle East and methods to de-escalate tensions. 

Lecturer Jim Aloisi speaks with Boston Globe reporter Ian Prasad Philbrick about fare evasion on the MBTA, and a need for transit reform. “The drill here shouldn’t be to obsess or focus about how much,” says Aloisi. “The drill should be where can we make cost-effective interventions that matter?”