Alumni/ae

Washington Post reporter David Lynch highlights the work of Ben S. Bernanke PhD ’79, one of the recipients of this year’s Nobel Prize in economic sciences, who was honored for his research on the role banks play during financial turmoil. “Bernanke demonstrated that bank failures — rather than resulting from the downturn — were responsible for making it so deep and so long. When banks collapsed, valuable information about borrowers disappeared, making it difficult for new institutions to channel savings to productive investments,” notes Lynch.

The 2022 Nobel Prize in economic sciences was awarded in part to Ben S. Bernanke PhD ’79 for his research showing that “bank failures can propagate a financial crisis rather than simply be a result of the crisis,” reports Jeanna Smialek for The New York Times. When asked about his advice for younger economists, Bernanke noted “one of the lessons of my life is, you never know what is going to happen.”

Ben S. Bernanke PhD ’79 has been honored as one of the recipients of this year’s Sveriges Riksbank Prize in Economic Sciences, reports the Associated Press. Bernanke was recognized for his work examining the Great Depression and “showing the danger of bank runs — when panicked people withdraw their savings — and how bank collapses led to widespread economic devastation,” notes the AP.

Ben Bernanke PhD ’79, former chair of the Federal Reserve, has been awarded the 2022 Nobel Prize in economic sciences, reports Allison Morrow for CNN. Bernanke “received the award for his research on the Great Depression,” says Morrow. “In short, his work demonstrates that banks’ failures are often a cause, not merely a consequence, of financial crises.”

Ben Bernanke PhD ’79 has won a share of the 2022 Sveriges Riksbank Prize in Economic Sciences for his research on banks and financial crises, reports Micahel T. Nietzel for Forbes. Bernanke and his fellow winners are credited with significantly improving “our understanding of the role of banks in the economy, particularly during financial crises,” says The Royal Swedish Academy of Sciences.

Prof. Richard Binzel speaks with CBS News reporter David Pogue about asteroids and the Torino scale, a 10-point danger scale for asteroids that he created. "All the objects [asteroids] we know of today reside at zero or one, which simply means they're so small that they don't matter, or that we know for sure there's no impact possibility," says Binzel.

Hasier Larrea MS ’15 - CEO of Ori, a company that creates expandable tiny apartments - writes for Newsweek about his journey and inspiration for developing expandable housing options. Larrea writes that Ori is focused on creating, “expandable urban apartments that are more flexible, functional, affordable and sustainable—in short, living spaces that can suit the amazing diversity of people who want to live in the world's most incredible cities.”

Prof. Peter Shor and three other researchers have won the Breakthrough Prize in Fundamental Physics for their work in the field of quantum information, reports Martin Finucane for The Boston Globe. Shor “invented the first quantum computer algorithm that was clearly useful. Shor’s algorithm can find the factors of large numbers exponentially faster than is thought to be possible for any classical algorithm,” the Breakthrough Foundation noted in its citation.

The Breakthrough Prize Foundation has named Prof. Peter Shor one of the four winners for the Breakthrough Prize in Fundamental Physics for his work in the field of quantum information, reports Michael T. Nietzel for Forbes. “The laureates honored today embody the remarkable power of fundamental science,” says Yuri Milner, one of the prize founders. “Both to reveal deep truths about the Universe, and to improve human lives.”

Prof. Peter Shor, an expert in quantum algorithms, has been named one of four recipients for the Breakthrough Prize in Fundamental Physics, reports Ian Sample for The Guardian.

Prof. Peter Shor has been named one of four honorees for this year’s Breakthrough Prize in Fundamental Physics for his contributions to the field of quantum information, reports Daniel Garisto for Scientific American. All of Shor’s work, “led to new views of quantum mechanics and computing,” writes Garisto. 

Prof. Peter Shor is one of four winners for this year’s Breakthrough Prize in Fundamental Physics, reports Zeeya Merali for Nature. Merali writes that Shor’s research “laid the groundwork for the development of ultra-secure communications and computers that might one day outperform standard machines at some tasks.”

TechCrunch reporter Kyle Wiggers spotlights DynamoFl, a company founded by Christian Lau PhD ’20 and Vaikkunth Mugunthan PhD ’22 that is developing a federated learning platform, a technique for preserving data privacy in AI systems. 

Open Style Lab, a nonprofit initially started as a summer project at MIT in 2014 that is aimed at making fashion more accessible for people who are disabled, designed clothes for “Double Take,” a fashion event dedicated to raising awareness about the lives and needs of people with spinal muscular atrophy (SMA), reports Matthew Herper for STAT. 

Lindsay Androski ’98, a full-term member of the MIT Corporation, writes an opinion piece for The Los Angeles Times about the how the lack of diversity in healthcare negatively impacts women and people of color. “The people in charge of funding healthcare research and development ultimately shape which conditions will be treated and cured,” writes Androski. “Every day the status quo continues means more suffering, mainly for people who aren’t white men.”