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The Associated Press spotlights the work of Prof. Joshua Angrist, one of the winners of the 2021 Nobel Prize for Economics. Angrist was honored “for working out the methodological issues that allow economists to draw solid conclusions about cause and effect even where they cannot carry out studies according to strict scientific methods.” Of winning a Nobel prize, Angrist said, “I can hardly believe it. It's only been a few hours and I am still trying to absorb it."
Prof. Joshua Angrist, Prof. David Card of the University of California at Berkeley and Prof. Guido Imbens of Stanford have been awarded the 2021 Nobel Prize in Economics for “pioneering ‘natural experiments’ to show real-world economic impacts,” reports Simon Johnson and Niklas Pollard for Reuters. “The Nobel committee noted that natural experiments were difficult to interpret, but that Angrist and Imbens had, in the mid-1990s, solved methodological problems to show that precise conclusions about cause and effect could be drawn from them,” write Johnson and Pollard.
New York Times reporter Jeanna Smialek explores the work of Prof. Joshua Angrist, who was honored as a recipient of the 2021 Nobel Prize in Economics for his work developing “research tools that help economists use real-life situations to test big theories, like how additional education affects earnings.” Angrist and his fellow recipients David Card and Guido Imbens “ushered in a new phase in labor economics that has now reached all fields of the profession,” said Prof. Trevon D. Logan of Ohio State.
Prof. Joshua Angrist was named a winner of the 2021 Nobel Prize for Economics for “a body of work stretching across decades that has sought to answer the complex questions at the crux of modern political discussion through the lens of proven research,” writes Andrew Brinker for The Boston Globe. “It’s just the greatest honor a person could have,” said Angrist. “It’s a high point of my life.”
Prof. David Autor joins On Point to discuss the economic and social crisis facing American men. “It matters because we care about the welfare of all individuals,” says Autor. “It affects the people they would partner with, their potential spouses. It affects their children. It affects the level of crime incarceration. It affects the tax base. it affects our ability to grow and innovate in all kinds of ways. We're all kind of in this together.”
Speaking at the Fast Company Innovation Festival, Profs. Esther Duflo and Abhijit Banerjee underscored the need for “governments need to do better in addressing different needs within their populations, and providing variations of cash relief for different circumstances.”
Research affiliate Hunt Allcott speaks with Vice reporter David Shultz about his research on the nutrition gap in America. Allcott and his colleagues “have proposed a sort of expansion on the soda tax, in which unhealthy foods are taxed more, and that money is used to subsidize healthier foods,” writes Shultz.
New York Times columnist Thomas B. Edsall spotlights Prof. David Autor’s research exploring the state of men in the U.S., including the growing gender gaps in educational attainment and the labor market.
Prof. Justin Reich speaks with Mashable reporter Chris Taylor about the need to rethink the future of education and how kids learn. “There are going to be more interruptions in schooling in the future,” says Reich. “More fires, more floods, more freezing, more pandemic events, more tropical diseases migrating. The West will continue to have terrible fires. When it’s unsafe to travel, kids should be able to switch to remote learning for a week or two.”
A new study co-authored by Institute Professor Daron Acemoglu finds that countries with older workforces are seeing a larger increase in the use of robots, reports Timothy Aeppel for Reuters. Acemoglu and his colleague Pascual Restrepo of Boston University found that “age alone accounted for 35% of the variation between countries in their adoption of robots, with those having older workers far more likely to adopt the machines.”
Times Higher Ed reporter Matthew Reisz memorializes Prof. Jing Wang, “a literary scholar who became a leading expert in Chinese literature and digital media.” Prof. Emma Teng remembers Wang as “an innovator, activist and passionate teacher” whose “long career was defined by her intellectual curiosity, drive and energy, and unwavering integrity.”
Writing for The New York Times, Prof. David Autor explores how the current labor shortage provides an opportunity to improve the quality of jobs in the U.S. “The period of labor scarcity, then, is an opportunity to catalyze better working conditions for those who need them most,” writes Autor.
Prof. David Autor speaks with Kara Miller of GBH’s Innovation Hub about the impact of Covid-19 on the future of work.
New York Times columnist Peter Coy spotlights a new working paper by Prof. Daron Acemoglu examining democracies. “Democracies breed their own support only when they are successful: all of the effects we estimate work through exposure to democracies that are successful in providing economic growth, peace and political stability, and public goods,” Acemoglu and his co-authors write.
A new report by Prof. Justin Reich and Jal Mehta of Harvard proposes a new path forward for rethinking K-12 schools after Covid-19, reports Paul Darvasi for KQED. “The report recommends that educators build on the positive aspects of their pandemic learning experience in the years ahead,” notes Darvasi, “and supports increased student independence to cultivate a safe and healthy environment that is more conducive to learning.”