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Writing for The Guardian, Prof. Kieran Setiya explores the pursuit of happiness. “What, then, should we strive for? Not happiness or an ideal life, but to find sufficient meaning in the world that we are glad to be alive, and to cope with grace when life is hard,” writes Setiya. “We won’t achieve perfection, but our lives may be good enough.”
Prof. Charles Stewart III speaks with Associated Press reporter Philip Marcelo about why voters are given provisional ballots. “They are a fail-safe method to ensure that everyone who is registered to vote gets to cast a ballot,” says Stewart.
Prof. Kieran Setiya’s new book, “Life is Hard: How Philosophy Can Help Us Find Our Way,” is a “lovely, empathetic book,” writes Boston Globe reporter Meredith Goldstein. In a discussion with Goldstein about self-help and philosophy, Setiya noted that in his view “the ideal form of engagement with philosophy is active rather than passive.”
Profs. Daron Acemoglu and David Autor speak with New York Times correspondent Thomas B. Edsall about the forces driving working-class voters towards the Republican party. “Elites are making choices that are not good news for non-college workers,” said Acemoglu. “In fact, they are bad news for most workers.”
Researchers from MIT and elsewhere have found that senior citizens in the U.S. are more likely to live independently if there are more immigrants in an area, reports Stuart Anderson for Forbes. “The study found a 10-percentage point increase in the less-educated immigrant population in an area reduces by 29% the probability someone 65 years or older would live in a nursing home or other institutional setting,” writes Anderson.
Prof. Daron Acemoglu speaks with Freakonomics Radio host Stephen Dubner about his research exploring how having a boss who attended business school can impact a business. “The main findings are actually very simple,” says Acemoglu. “As soon as you have a business school manager, you see a relative decline in wages and labor share.”
Writing for The New York Times, Prof. Michel DeGraff details how the education system in Haiti discriminates against Kreyòl, forcing children to speak and learn in French, “a legacy of the French colonial design for Haiti’s impoverishment, which continues, centuries later, to drain us as a nation.” DeGraff adds: “Unshackling Haitian minds and society from centuries of linguistic discrimination is the first step to help Haiti overcome the disastrous consequences of its colonial and neocolonial history.”
Prof. Diana Henderson, Prof. Daniel Jackson, Prof. David Kaiser, Prof. S.P Kothari, and Prof. Sanjay Sarma have released a new white paper “summarizing their ideas for a new type of undergraduate institution,” writes David Rosowsky for Forbes. “The authors have done a commendable job identifying and assembling some of the proven high-impact practices each of these types of higher educational institutions can offer,” writes Rosowsky.
Researchers from MIT and elsewhere have found that U.S. senior citizens are more likely to live independently if there are more immigrants in an area, reports Stuart Anderson for Forbes. This study suggests that the supply of immigrant labor "affects caregiving arrangements, and allows more older Americans to age in the community,” write the researchers.
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.
NPR’s Miles Parks spotlights Prof. Charles Stewart III’s research showing that hand counting ballots is “significantly less accurate, more expensive and more time-consuming than using tabulation equipment.” Stewart noted "Computers — which ballot scanners rely on — are very good at tedious, repetitive tasks. Humans are bad at them. Counting votes is tedious and repetitive.”