MIT

Economics and Change

Esther Duflo has been chosen as one of the three winners of the 2019 Nobel Prize in economics. Duflo, a professor at the Massachusetts Institute of Technology (MIT), was recognized for her research that explores how conditions of poverty can be most effectively addressed using economic principles. For example, a research paper she co-authored looks at whether giving high school scholarships, in a developing country that charges tuition fees for high school education, can affect students’ future educational opportunities and employment income.

In the words of the Nobel award committee, Duflo’s research is exceptional because of its “experimental approach to alleviating global poverty”. Duflo is the youngest winner to ever received the award, and is also only the second female winner.

The gender imbalance between male and female Nobel economics laureates is not surprising, since only 14% of university economics professors are women. But, ironically, Duflo’s win occurred just a few weeks after the release of a troubling report by the American Economic Association (AEA), the largest international association of economists. The report described a problematic “professional climate” in economics.

Several recent events, including a professor being elected to the AEA executive despite being accused of harassing employees and students, caused the AEA, and the economics profession in general, to be (more…)

Hackers and Trackers and Slackers, Oh My!: Adventures at MIT’s “Media in Transition” Conference

New trends now start not from exhibitions or publications but from conferences. It was, after all, the 1966 conference at Johns Hopkins University, Baltimore, ‘The Languages of Criticism and the Sciences of Man’, attended by [Jacques] Derrida and other Parisian savants, that first put the ideas of poststructuralism into circulation in America, where they were developed, institutionalized, and ultimately re-exported to Europe and the rest of the academic world.

(David Lodge, “Through The ‘No Entry’ Sign: Deconstruction and Architecture”)

The start of May is usually the start of my academic conference season, and as my previous post indicated, I recently spent a few days in the Boston area. I went there to attend MiT8, the “Media in Transition” conference that happens every two years at the Massachusetts Institute of Technology (MIT). The conference is sponsored by MIT’s Communications Forum and the wonderful MIT Comparative Media Studies (CMS) program.

You might wonder how or why someone who works in a school of business administration ended up at a conference that has presentations on topics like slash fiction, snark websites, Farmville, sexting, and reality television. (more…)