Economics

MIT researchers have published a study examining which types of businesses should be open or closed during the Covid-19 crisis. Vital forms of commerce that are relatively uncrowded and produce fewer health risks fare the best in the study; less significant types of businesses that generate crowds perform worse.

Which businesses should be open?

In light of Covid-19, an MIT study looks at tradeoffs between economic value and public health, across different types of retail.

June 11, 2020

QS ranks MIT the world’s No. 1 university for 2020-21

Ranked at the top for the ninth straight year, the Institute also places first in 12 subject areas.

June 9, 2020

Left to right: Michelle Bai '20 (economics and political science), Frances Parker-Hale '20 (political science), and Nwanacho Nwana '20 (political science and management science.)

Recent political science graduates see brighter days ahead

Leveraging unique undergraduate opportunities, new MIT political science alumni pursue bright prospects.

June 4, 2020

The MIT Class of 2020 can look forward to an online celebration that Professor Eric Grimson, chair of the Commencement Committee, calls, "a joyful day that will honor our graduates."

Hacking Commencement

Marshalling forces from across the Institute, MIT will deliver an online celebration worthy of the Class of 2020.

May 26, 2020

For generations, dissertation defenses have been crowning moments for PhD candidates. Now, with the pandemic limiting activity on the MIT campus from mid-March onward, moving dissertation defenses to Zoom has been a necessary adjustment.

Inside the new world of online dissertation defenses

Emojis, grandmas logging in, and kudos from strangers: How MIT students have finished their PhDs during the pandemic.

May 22, 2020

White blood cells are among the first to mount an attack against sepsis, a deadly complication of Covid-19. In a project led by MIT Professor Daniela Rus, researchers are developing a machine learning system to detect an activated immune response to sepsis which could lead to earlier, more aggressive treatment. Here, a white blood cell attacks malaria.

Marshaling artificial intelligence in the fight against Covid-19

The MIT-IBM Watson AI Lab is funding 10 research projects aimed at addressing the health and economic consequences of the pandemic.

May 19, 2020

Addison Stark (left) and Abigail Ostriker

Q&A: Energy studies at MIT and the next generation of energy leaders

Abigail Ostriker ’16 and Addison Stark SM ’10, PhD ’15 share how their experiences with MIT’s energy programs connect them to the global energy community.

May 18, 2020

MIT News recently spoke with three leaders of MIT’s Task Force on the Work of the Future. Left to right: co-chair David A. Mindell, professor of aeronautics and astronautics, the Dibner Professor of the History of Engineering and Manufacturing at MIT; executive director Elisabeth Beck Reynolds PhD ‘10, who is also executive director of the MIT Industrial Performance Center; and co-chair David ...

The changing world of work

MIT Task Force on the Work of the Future responds to rapid changes brought by the pandemic.

May 18, 2020

MIT economist Parag Pathak is co-author of a paper offering a new system for assigning ventilators and other medical resources to Covid-19 patients.

Who gets ventilator priority?

Paper co-authored by MIT economist proposes a new way to handle medical shortages during the Covid-19 crisis.

May 13, 2020

“There aren’t many ways to escape the apparent choice between protecting public health and protecting the economy,” says MIT economist Pierre Azoulay. “There is only one, and that’s innovation.”

An innovation plan to beat Covid-19

MIT economist Pierre Azoulay outlines a roadmap for scientific success against the virus.

May 8, 2020

New research by MIT economist Daron Acemoglu shows that since 1987, automation has taken away jobs from lower-skill workers without being replaced by an equivalent number of labor-market opportunities.

Study finds stronger links between automation and inequality

Job-replacing tech has directly driven the income gap since the late 1980s, economists report.

May 5, 2020

A new study co-authored by an MIT professor shows firms that move quickly to use robots tend to add workers to their payroll, while industry job losses are more concentrated in firms that make this change more slowly.

Robots help some firms, even while workers across industries struggle

Study finds manufacturing companies that are quick to automate can thrive, but overall employment drops.

May 5, 2020

MIT professor Daron Acemoglu is co-author of a new study showing that each robot added to the workforce has the effect of replacing 3.3 jobs across the U.S.

How many jobs do robots really replace?

MIT economist Daron Acemoglu’s new research puts a number on the job costs of automation.

May 4, 2020

Abhijit Banerjee, Bonnie Berger, and Roger Summons (left to right) are new members of the National Academy of Sciences.

Three from MIT elected to the National Academy of Sciences for 2020

Faculty members Abhijit Banerjee, Bonnie Berger, and Roger Summons elected by peers for outstanding contributions to research.

May 1, 2020

Six from MIT elected to American Academy of Arts and Sciences for 2020

Prestigious honor society announces more than 250 new members.

April 24, 2020

MIT News | Massachusetts Institute of Technology

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