In an article about how to rebuild failed states, The Economist highlights Prof. Daron Acemoglu’s book “Why Nations Fail.” Acemoglu and his co-author Prof. James Robinson of the University of Chicago argue that political institutions largely determine a nation’s success, and that failed states provide “a general explanation for why poor countries are poor.”
Current tax laws do not encourage U.S. corporations to invest foreign profits in this country, writes senior lecturer Robert Pozen in the Boston Herald. Senator Paul Ryan’s plan to make all U.S. exports exempt from corporate taxes is “a bold effort to reform corporate taxes in a way to keep more facilities and jobs in the U.S.,” Pozen writes.
Writing for The Los Angeles Times, Prof. Arnold Barnett proposes that electoral votes be awarded based off of a candidate’s share of each states’ popular vote. Barnett writes that this reform would be a “compromise between the electoral college and the national popular vote, each of which has a clear tendency to favor one of the two major political parties.”
Writing for The Boston Globe, Prof. Jonathan Gruber details the adverse effects of repealing the Affordable Care Act. Gruber notes that the law “expanded health insurance to more than 20 million Americans through several different approaches, including Medicaid expansion, subsidies for private coverage, the elimination of the ban on preexisting conditions, and an individual mandate.”
Writing for The Washington Post, Prof. Jessika Trancik examines how federal policy could impact global progress on responding to climate change. “We estimate that the U.S. can achieve the majority share of its original 2025 emissions reduction target even with federal policy changes,” Trancik explains.
Quentin Palfrey of J-PAL North America writes for The Hill about steps the Commission on Evidence-based Policymaking can take to support research and policymaking. “Analyzing administrative data to adjust government programs may seem like dry, behind-the-scenes work, but when scaled up to redirect national policies, it can have a significant impact on millions of Americans.”
Senior lecturer Robert Pozen writes for The Financial Times about the new money market (mm) reforms. Pozen argues that “in 2017, the SEC should re-consider its new rules on institutional MM funds in light of the actual rise in borrowing costs for banks, companies and local governments.”
A letter co-authored by Prof. Kerry Emanuel warns against withdrawing from the Paris climate agreement, writes Chelsea Harvey for The Washington Post. “The U.S. withdrawal from the Paris Agreement would really set back all of our efforts to deal with climate problems,” says Emanuel.
Writing for The Washington Post, Prof. Tim Berners-Lee and research scientist Daniel Weitzner examine Senator Ted Cruz’s proposal for the U.S. to control the Internet Corporation for Assigned Names and Numbers (ICANN). If the U.S. reverses plans “to allow the global Internet community to operate ICANN independently…we risk undermining the global consensus that has enabled the Internet to function and flourish.”
Mercury News reporter Lisa Krieger writes that a letter co-authored by Prof. Kerry Emanuel warns U.S. politicians about the dangers of withdrawing from the Paris climate agreement. “We all reacted with some shock to statements from the Republican platform that would have reversed decades of progress,” said Emanuel. “We felt we had to say something.”
MITEI’s Francis O’Sullivan discusses the role of offshore wind energy in New England with WGBH’s Stephanie Leydon. "Potentially, energy costs will actually fall with offshore wind," said O'Sullivan. He adds that with renewable technologies "you have to spend a lot of money up front to pay for their construction, but you spend nothing on fuel.”
A study by Prof. David Autor finds a shift in voting patterns in areas of the country impacted by trade with China, report Binyamin Appelbaum, Patricia Cohen and Jack Healy for The New York Times. “This undercurrent of economically driven dissatisfaction,” Autor explains, “works to the benefit of candidates who are noncentrist, and particularly right-wing candidates.”
Writing on carbon pricing for The Wall Street Journal, Mark Muro cites MIT research by Professor Valerie Karplus and graduate student Jesse Jenkins. Their research finds that the “‘binding constraints’ of politics keep jurisdictions’ legislated carbon prices low.”
Lisa Grossman writes for New Scientist that a new report from the National Academies urges the U.S. to “get back on the gravitational-wave hunting horse” in support of a space-based detector. MIT Prof. Jacqueline Hewitt, who chaired the report panel, also touted exoplanets research. “The government is getting its money’s worth in terms of the resources it’s been investing in support for scientists,” says Hewitt.
Boston Globe reporter Hiawatha Bray writes that Media Lab research affiliate Andrew “bunnie” Huang and NSA contractor-turned-whistleblower Edward Snowden are developing a device to protect journalists’ smartphones from government surveillance. Bray explains that the device will “detect whether a phone is sending or receiving unauthorized radio signals.”