Tom Buerkle of Reuters writes about “Adaptive Markets: Financial Evolution at the Speed of Thought,” a new book written by Prof. Andrew Lo, which argues that it is possible for investors to beat the market. Markets seem unpredictable because traders are human and “make decisions using short cuts” rather than weighing all options, explains Buerkle.
New York Times reporter Robert Berkvist memorializes the work of A.R. Gurney, a prolific playwright who taught American literature and humanities as a member of the MIT faculty for 36 years. Berkvist writes that in Gurney’s plays “the conventions of the drawing-room comedy became the framework for social analysis.”
In an article for HuffPost, Michael Shammas highlights Senior Lecturer Jason Jay’s new book, “Breaking Through Gridlock: The Power of Conversation in a Polarized World.” Shammas explains that the book outlines a path to, “improve our ability to hold productive conversations.”
Financial Times reporter John Thornhill writes about Prof. Erik Brynjolfsson and Principal Research Scientist Andrew McAfee’s latest book, “Machine, Platform, Crowd.” Thornhill writes that the book is “a clear and crisply written account of machine intelligence, big data and the sharing economy.”
In an article for The Atlantic, Gillian B. White writes about Prof. Peter Temin’s new book, “The Vanishing Middle Class: Prejudice and Power in a Dual Economy.” White writes that in his book Temin argues that “following decades of growing inequality, America is now left with what is more or less a two-class system.”
Prof. Andrew Lo speaks with Barry Ritholtz of Bloomberg View about the field of economics. Lo explains that his new book chronicles his “intellectual journey from a diehard devotee of efficient markets and rational expectations into the realm of first psychology and behavioral finance, and then to neuroscience and how people really make decisions.”
Joshua Kim of Inside Higher Ed writes about “Whiplash,” a book co-written by Media Lab Director Joi Ito. Kim writes that the book gives the reader, “a positive vision for a new kind of organizational…without ever falling victim to the techno-utopian blather of much of technology journalism.”
Joi Ito, director of the Media Lab, discusses his new book, which examines how to cope with technological change, with Meghna Chakrabarti of Radio Boston. Ito stresses the importance of agility, explaining “you have to spend that energy that you used to spend planning and learning and knowing everything in completeness to developing an ability to know what’s going on.”
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.”
Kevin Roose of The New York Times writes about “Whiplash,” a new book co-written by Joi Ito, director of the Media Lab, which examines the next generation of technology. Roose explains that the book “puts forth broad theories of technological change, accompanied by examples from their work at the Media Lab.”
Boston Globe reporter Hiawatha Bray writes about “Whiplash,” a book co-written by Media Lab Director Joi Ito that encourages people to become more creative and innovative to keep up with technological changes. Bray writes that “Whiplash” is, “a reliable guidebook for companies and individuals in an era of ever-changing machines, technologies, and life.”
Mickey Edwards of The Los Angeles Times reviews Prof. Heather Hendershot’s book about William Buckley. “Hendershot is clever to have used his 'Firing Line' television show as an introduction to both Buckley and the rise of conservative intellectual opposition to the liberal orthodoxy,” writes Edwards.
In this video, Prof. Heather Hendershot speaks with Mary Kissel of The Wall Street Journal about her new book examining the impact of William F. Buckley’s program the “Firing Line.” “He was the key player in forging a sophisticated, urban, elegant image for right wing conservatism. And that got me interested in him,” Hendershot explains.
“Poor Economics” by Professors Abhijit Banerjee and Esther Duflo is included in a CNBC list compiled by Marguerite Ward of 20 books that will “make you look smart.” The book examines how “developed nations and their citizens can provide aid that would actively improve poor societies,” explains Ward.
Daniel Akst of The Wall Street Journal writes that by bouncing electromagnetic waves off of pages, MIT researchers have developed a way to read closed books. The system could potentially be used also be used to count stacks of money and detect counterfeit currency, Akst explains.