Times Higher Education reporter Nicola Ingram examines Prof. Peter Temin’s latest book, which examines the state of the U.S. economic system. Temin, “provides an engaging commentary on the complexities of policy developments and their impact on workers’ conditions, as well as the problematic voting behaviour that seals their fate.”
In a Guardian article about how technology can be used to help refugees, Tazeen Dhunna Ahmad highlights MIT’s Refugee ACTion Hub (ReACT). ReACT is aimed at finding, “digital learning opportunities for a lost generation of children who, as a result of forced displacement, are losing their education.”
A study by Prof. Tanveet Suri shows that a mobile-money service called M-Pesa had a long-term impact on poverty in Kenya, writes Tina Rosenberg for The New York Times. The researchers found that M-Pesa “helped women graduate from subsistence agriculture to small business, perhaps because having an M-Pesa account gives a woman her own money…and a greater sense of agency.”
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.”
Quentin Palfrey, executive director of J-PAL North America, speaks with Devin Thorpe of Forbes about how J-PAL aims to reduce poverty through academic research. Palfrey explains that “by transforming government and building a movement for evidence-based policy, we can help lift millions in the United States out of poverty.”
In an article for Governing, Quentin Palfrey, executive director of J-PAL North America, outlines five strategies for creating evidence-based policymaking. “Replacing hunches with facts has dramatic consequences for the efficacy of government programs, particularly those that deliver services to assist the poorest in our society,” Palfrey advises.
Financial Times reporter Tim Harford writes that a study by MIT researchers explores how a country's exports can influence income inequality. The study shows “a relationship between inequality and lack of economic complexity. Holding other things constant, the simplest economies tend to be the most unequal.”
Melvin Konner writes for The Wall Street Journal about new MIT research that shows mobile-money services helped lift at least 194,000 Kenyan households out of extreme poverty. The researchers found that the services significantly helped women, and estimated that mobile banking “induced 185,000 women to switch into business or retail” from farming, and increased saving.
Robert Gebelhoff writes for The Washington Post about a study by Prof. Tavneet Suri that shows mobile-money services helped reduce poverty in Kenya. The study “offers good evidence that having a place to put money that’s safe and easily accessible can make the lives of poor people considerably more efficient than cash-reliant economies,” Gebelhoff explains.
Nurith Aizenman reports for NPR on a new study that shows mobile banking can help lift people out of poverty. Prof. Tavneet Suri says she was “blown away” by the study’s results, which showed that women-led families with access to mobile-money services, “set aside 22 percent more in savings between 2008 and 2014.”
Popular Science reporter Kate Baggaley writes that a new study by MIT researchers shows that mobile money services helped two percent of households in Kenya rise out of poverty. “Women especially have benefitted from the spread of mobile money, which has helped many move from farming into business,” writes Baggaley.
Prof. Tavneet Suri has found that mobile money services helped lift almost 200,000 Kenyan households, many headed by women, out of poverty, reports Neda Wadekar for Reuters. Suri explains that when mobile payment systems “came to an area, women shifted their occupations and their savings went up."
Washington Post reporter Carolyn Johnson writes that a study by Prof. Amy Finkelstein finds that expanding Medicaid access increases emergency room visits. “People who gained Medicaid visited the emergency room about 65 percent more often than individuals who did not gain Medicaid in the first six months -- and the trend continued out to two years.”
A study by Prof. David Atkin finds that migrants are willing to pay more, and consume less, to continue eating the traditional cuisine of their homeland, reports Donald McNeil Jr. for The New York Times. Atkin found that “poor migrants within India stuck with their dietary preferences even when they were nearly malnourished.”
Tech reporter Karleigh Moore speaks with Matt Damon, MIT’s 2016 Commencement speaker, about technology, the film industry and how graduates can help make the world a better place. “Start with…what speaks to you and what feels like something you want to spend your time on,” Damon advised. “It requires so much work and so it helps if you love it.”