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.
Research fellow Audrey Jiajia Li writes about President Trump intervening on behalf of three college basketball players arrested in China for shoplifting. “It is ironic that Trump, who campaigned on law and order issues, does not seem to feel the slightest moral compunction about asking a strongman to interfere in his country’s justice system,” Li concludes.
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.”
Boston 25 News reports that MIT researchers are working with the Boston Public Schools to create a plan to change the start time for the 125 city-run schools. One problem the new schedule aims to fix is K-8 students who are “out during the height of the afternoon rush, and often walk home in the dark.”
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.”
Prof. Pierre Azoulay discusses with Bloomberg reporter Peter Coy his research on how new ideas gain traction in science. “Azoulay found that the death of a star scientist is like the fall of a huge tree. It lets sunshine reach the forest floor through a hole in the leaf canopy, enabling new kinds of vegetation to flourish,” explains Coy.
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."
In an article for The Los Angeles Times, Research Scientist Nick Obradovich writes that the way the human brain functions can make it harder for people to take action on climate change. Obradovich notes that, “we’re likely to do better with policies that generate immediate and tangible benefits.”
Writing for Fortune, Prof. Nicholas Ashford explains that the U.S. should implement more stringent chemical safety measures to prevent explosions. “Government at all levels should hasten the adoption of common-sense, inherently safer rules to save lives, and to protect businesses and communities,” Ashford explains.
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.”
MIT custodian Francisco Rodriguez, who has been detained by U.S. Immigration and Customs Enforcement (ICE), wrote a letter to The Boston Globe explaining that his family needs him. “I believe in this country,” writes Rodriguez. “I believe in what people can do here.”
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.”