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  • Media Highlights

  • With "Go," Amazon identifies another job it can do better
    Published: February 15, 2017
    Outlet: Xconomy (Opinion Piece)
    Lou Shipley is a lecturer at the Martin Trust Center for MIT Entrepreneurship at MIT Sloan. He writes: "Early last year, I 'fired' talk radio along with NPR's morning and evening editions. That same day, I 'hired' Amazon Audible as my commute companion."
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    What Trump should do now that Andy Puzder withdrew his nomination for Secretary of Labor
    Published: February 15, 2017
    Outlet: Fortune (Opinion Piece)
    Thomas A. Kochan is a professor of industrial relations, work and employment at MIT Sloan, where he has been a faculty member since 1980. He writes: "Now that President Trump's pick for Secretary of Labor, CKE Restaurants CEO Andy Puzder, has withdrawn his nomination for U.S. Secretary of Labor, America will avoid, at least for the moment, a highly divisive debate over the future of U.S. employment and labor policy. This gives President Trump an opportunity to reconsider the type of person he wants to carry out his agenda."
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    MIT professor working with Uber to address racial bias
    Published: February 15, 2017
    Outlet: The Boston Globe
    MIT Sloan Professor Christopher Knittel, who led a 2016 study that found Boston Uber passengers with black-sounding names were more likely to have rides cancelled than those with white-sounding names, said his team is working with Uber to investigate the issue. Both Uber and its rival, Lyft, got in touch with Knittel and his fellow researchers shortly after they published the study last fall, Knittel said.
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    A new angel investing platform connects deep technology and science startups with capital
    Published: February 13, 2017
    Outlet: Forbes
    Swati Chaturvedi was a burgeoning angel investor in 2012 and looking to use her capital to make a dent on the universe, but was disappointed by the deals she was seeing through her network and the various angel groups she joined.
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    Will mobile payments alleviate poverty and empower women in India?
    Published: February 13, 2017
    Outlet: Sakal Times (India)
    Economist Tavneet Suri, an associate professor at MIT Sloan, co-authored the paper with William Jack, an economist at Georgetown University. The study concluded that since 2008, access to mobile-money services increased daily per capita consumption (total money spent by the individual and household) levels of 1,94,000 or 2 per cent of Kenyan households, lifting them out of extreme poverty, which means living on less than $1.25 per day.
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    Small US company bucks a trend, adding manufacturing jobs
    Published: February 13, 2017
    Outlet: Voice of America (Video)
    MIT Professor Tom Kochan says automation and international trade has cut one-third of US manufacturing jobs since 1980. He says American employers mistakenly think of labor only as a cost to be minimized, not an asset. MIT research scientist Andrew McAfee says the US education system is turning out workers with the skills "we needed 50 years ago." He says a more modern approach is needed to boost productivity and prosperity.
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    Six key issues millennials should consider before diving into a family business
    Published: February 13, 2017
    Outlet: Forbes (Opinion Piece)
    MIT Senior Lecturer Peter Kurzina has 32 years of experience as a crisis management expert. He writes: "How do you decide whether to join a family business? The next generation should consider six key issues before diving in."
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    Trump's immigration ban is terrible for entrepreneurs
    Published: February 10, 2017
    Outlet: TechCrunch (Opinion Piece)
    Samia Bahsoun writes: "I'm an immigrant of Lebanese Muslim descent. I'm also a telecom infrastructure expert, entrepreneur, and the founder and CEO of Capwave Technologies, based out of Asbury Park, New Jersey. Before launching Capwave, I helped restructure and launch several telecom startups and served as a strategic adviser to Fortune 500 companies. I hold a graduate degree in electrical engineering, and am currently enrolled in MIT's Executive MBA program."
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    Conversations that change the world
    Published: February 8, 2017
    Outlet: Strategy + Business (Opinion Piece)
    William Isaacs is a senior lecturer at MIT Sloan and founder and president of Dialogos, a leadership consulting and strategy development firm based in Cambridge. He is the author of Dialogue and the Art of Thinking Together.
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    Brexit will leave Britons more than $4,000 poorer, says MIT professor
    Published: February 8, 2017
    Outlet: CNBC
    Britons' incomes could be slashed by as much as 9.5 percent once the U.K. formally leaves the European Union, a new study released today by MIT economics professor John Van Reenen has claimed.
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    MIT's Van Reenen: Brexit part of global populist uprising
    Published: February 8, 2017
    Outlet: Bloomberg Surveillance (Video)
    MIT Professor of Applied Economics John Van Reenen and Columbia University Professor Jeffrey Sachs discuss Brexit's place in the global uprising of populism and how the US and UK can approach income inequality.
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    Brexit may cause U.K. output to fall 9.5%, MIT study shows
    Published: February 8, 2017
    Outlet: Bloomberg Politics (Video)
    Calculations using models that incorporate productivity measures show a negative impact on gross domestic product per capita of almost four times that of previous estimates, according to John Van Reenen, a professor of applied economics at MIT Sloan who supported the campaign for the UK to remain in the EU.
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    Online prices cheaper than in store? Not so fast, MIT researcher finds
    Published: February 7, 2017
    Outlet: The Boston Globe
    “One thing this taught me is that I don't have to worry when I walk into a store, I don't have to check the price,” said Alberto Cavallo, a professor of information technology and applied economics at MIT who conducted the study. Part of the Billion Prices Project at MIT that tracks inflation, the study, which was published in the American Economic Review, is the first large-scale comparison of online and in-store prices, according to Cavallo.
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    Hazhir Rahmandad: Applying system dynamics to social challenges
    Published: February 6, 2017
    Outlet: The Huffington Post
    With the goal of harnessing the untapped potential of Iranian-Americans, and to build the capacity of the Iranian diaspora in effecting positive change in the US and around the world, the Iranian Americans' Contributions Project (IACP) has launched a series of interviews that explore the backgrounds of prominent Iranian-Americans. Hazhir Rahmandad is the Albert and Jeanne Clear Career Development Professor and an Associate Professor of System Dynamics at MIT Sloan. His research applies dynamic modeling to complex organizational problems.
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    Fifteen free online courses for entrepreneurs
    Published: February 6, 2017
    Outlet: Practical eCommerce (Video)
    Bill Aulet, author and senior lecturer at MIT Sloan, talks about his 24-step process to launching a successful startup, providing a glance at what students at MIT are learning about entrepreneurship and innovation.
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    Online shopping prices are actually basically the same as in-store prices
    Published: February 6, 2017
    Outlet: Fast Company
    Drugs are only priced the same online 38% of the time. This, says study author and MIT professor of information technology and management Alberto Cavallo, is down to exploiting desperation—also known as supply and demand.
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    Why big pharma should think twice about working with Trump
    Published: February 6, 2017
    Outlet: Fortune (Opinion Piece)
    Pierre Azoulay is a professor at MIT Sloan. He writes: "President Donald Trump has demanded that pharmaceutical companies cut drug prices in return for fewer regulations. As a matter of economics, this plan makes no sense. Politically, however, it might just work. But traditional critics of the industry should think long and hard about whether going along with the president out of fear of his wrath is a cause for celebration..."
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    Money management 101 from four Boston experts
    Published: February 5, 2017
    Outlet: Boston Magazine
    Robert Pozen, senior lecturer at MIT Sloan, advises: “The basics are so clear. Figure out what your cash flow is—that will be affected by mortgage, food budget, transportation, insurance, and school tuition. For a family making $200,000 in Boston, there's not going to be a hell of a lot left after those expenses. If you're in a company that matches your 401(k), you're silly not to take advantage of that, and if you have kids that are going to go to college, you should be in a 529 program. Lastly, buy term-life insurance...”
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    Chinese officials use hotlines to take the public's pulse
    Published: February 4, 2017
    Outlet: The Economist
    Diana Fu of the University of Toronto and Greg Distelhorst of MIT have trawled through over 8,000 letters and e-mails sent to mayors' offices in nearly 300 cities. They found that environmental problems headed the list of concerns. Four of the top 15 involved various kinds of dispute over property.
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    Robots might eat your job, but being human could get you a new one
    Published: February 3, 2017
    Outlet: Xconomy
    MIT Professor Erik Brynjolfsson is the director of the MIT Initiative on the Digital Economy and a co-author of the book “The Second Machine Age.” On Thursday, he gave a talk entitled “Will Robots Eat Your Job?” at LearnLaunch's “Across Boundaries,” an annual educational technology conference in Boston.
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    A crowdsourced database provides a glimpse of what traveling from Iran to the US is like right now
    Published: February 2, 2017
    Outlet: Public Radio International (Source: Global Voices)
    In the first four days after the executive order was signed, more than a 110 Iranian US green card holders, valid student and travel visa holders, and dual-nationals of countries such as Canada, faced challenges entering the US, according to a database of entries, detentions and deportations started by engineering professor Hazhir Rahmandad. He has asked travelers who have entered, or tried to enter the US this week, to share their stories via an online form. Many of the applicants to the graduate program in systems dynamic at MIT Sloan School of Management, where Rahmandan is a professor, are from Iran.
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    When the government writes checks, where does the money come from?
    Published: February 1, 2017
    Outlet: PBS (Video)
    "The Federal Reserve insists, absolutely categorically, 'We do not print money. That's the U.S. Mint that prints money.' But, of course, the Fed issues money. It's a great deal, right? Instead of having to print it on a printing press, you just do it digitally. It doesn't actually cost you anything, hardly anything to issue these new digits, these new bits of code on a computer somewhere," says MIT Sloan economist Simon Johnson. (Start: 3:50; End: 4:15 and Start: 9:25; End: 9:45)
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    Why Bill Belichick cast down his tablet
    Published: February 1, 2017
    Outlet: The Conversation (Opinion Piece)
    John Carrier is a Senior Lecturer of System Dynamics at MIT Sloan. He writes, "As the New England Patriots' 10th appearance in a Super Bowl approaches, sports fans are eager to see the legendary pairing of quarterback Tom Brady and head coach Bill Belichick take on the Atlanta Falcons. Whatever the Patriots accomplish, though, won't be thanks to all that fancy new technology assisting the Falcons and other NFL teams..."
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    Markets point to leaning more on cap and trade
    Published: January 31, 2017
    Outlet: The Sacramento Bee (Opinion Piece)
    Christopher R. Knittel is the George P. Shultz Professor of Applied Economics at the Massachusetts Institute of Technology. He writes: "There has been much dismay and a good deal of hand-wringing since the election of Donald Trump. Specifically, policymakers, activists, scientists and citizens concerned about the effect of greenhouse gases on climate are concerned that the new administration may overturn or simply ignore efforts aimed at stopping or limiting global warming..."
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    What happens when 'alternative facts' take over economic policy?
    Published: January 31, 2017
    Outlet: MarketWatch (Source: Project Syndicate) (Opinion Piece)
    Simon Johnson, a former chief economist of the IMF, is a professor at MIT Sloan. He writes: "President Donald Trump has an obvious problem with data that he doesn't like, as he showed on his first full day in office, by attacking the media for reporting accurately the size of the crowd that attended his inauguration. It should be no less obvious that this same reliance on 'alternative facts' poses a severe threat in the realm of economic policy making."
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    La empresa argentina elegida por el MIT para que sus estudiantes hagan una pasantía
    Published: January 30, 2017
    Outlet: Apertura (Argentina)
    Son de la India, los Estados Unidos, y Shangai, en China, son parte de una de las camadas que se encuentran cursando el MBA de la Escuela de Management Sloan del MIT (Instituto Tecnológico de Massachusetts, por sus siglas en inglés), y trabajan para una empresa argentina. Es el caso de Hong Zhang, Paliwal, Sheila Chheda y Kangrong Sun, estudiantes de la afamada casa de estudios que eligieron sumar créditos para su maestría trabajando en un proyecto de Conexia, una firma local dedicada a conectar a los distintos actores del sistema de la salud.
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    What an MIT professor learned by monitoring traders' emotions
    Published: January 30, 2017
    Outlet: American Banker (Podcast)
    Andrew Lo is the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management and Director of the MIT Laboratory for Financial Engineering. In his research, he straps sensors to traders and watches how their pulses and body temperatures change when markets dive or trades go bad. The technology could be used elsewhere in a bank to potentially address problems before they escalate.
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    Joey Wignarajah: First step to improve core state services? Change the rules on how taxes are considered
    Published: January 29, 2017
    Outlet: Tulsa World (Opinion Piece)
    Joey Wignarajah holds an MBA from MIT Sloan. He writes: "Recently, Rep. Monroe Nichols, D-Tulsa, introduced a bill that could end the state's continuous revenue failures that total in the high hundreds of millions of dollars each year..."
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    Shock, despair, and outrage: Academics condemn Trump's immigration crackdown
    Published: January 29, 2017
    Outlet: The Chronicle of Higher Education
    "This is a country I adopted because I thought, I am free here, and I am treated just like anybody else," said Hazhir Rahmandad, an associate professor of system dynamics at MIT Sloan.
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    MIT startup addresses sanitation at refugee camps
    Published: January 27, 2017
    Outlet: MetroMBA
    MIT Sloan recently published an article on change:WATER Labs, a Cambridge-based startup co-founded by biochemist and Columbia MBA '04 Diana Yousef. change:WATER Labs qualified for the Hult Prize social entrepreneurship competition last month with its water-less toilet to help out refugee camps.
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    ViewPoint: The absurd math of the electoral college
    Published: January 27, 2017
    Outlet: Boston Business Journal (Subscription required) (Opinion Piece)
    Tauhid Zaman is the KDD Career Development Professor in Communications and Technology at MIT Sloan. He writes: "Two academic scholars whom I admire — Arnold Barnett, a professor and colleague of mine at the MIT Sloan School of Management, and Edward Kaplan, a professor at Yale University's schools of management, engineering and public health — have proposed reforming the current electoral system."
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    Calling all entrepreneurs
    Published: January 26, 2017
    Outlet: NECN (Video)
    MIT Professor Bill Aulet discusses what it takes to be a successful entrepreneur.
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    How to find the right answer when the 'wisdom of the crowd' fails
    Published: January 25, 2017
    Outlet: Nature (Audio)
    A new algorithm could help pull the correct answer out of a crowd, even when the most popular answer is wrong, a team led by Dražen Prelec, a social scientist at MIT, reports on 25 January in Nature. “In society, I think there is an assumption that the average opinion is generally right, and that's been supported by past statistical arguments on crowd wisdom,” says Prelec, “But that's not the way evidence works. There are specialists with special knowledge, like doctors. This lets us identify that knowledge.” (Start: 2:25; End: 7:00)
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    With tech skills but not enough electricity, meet Gaza's first startup accelerator
    Published: January 24, 2017
    Outlet: ZDNet
    Gaza Sky Geeks Director Ryan Sturgill told ZDNet that with unemployment for people aged under 30 years at just under 30 percent, technology can help to address vital socio-economic issues. "Increasing coding skills and access to in-demand technologies boosts Gazans ability to build products that can be competitive around the world," he says. Sturgill holds an MBA from MIT.
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    LiquiGlide raises $16 million to get every last drop out of packages or tanks
    Published: January 24, 2017
    Outlet: TechCrunch
    A startup called LiquiGlide has raised $16 million in a new round of venture funding to bring its patented slippery coatings to manufacturers around the world. Co-founded by CEO J. David Smith and Chairman of the Board Kripa Varanasi, LiquiGlide is an MIT spinout that made its debut at the school's business plan competition the MIT 100k in 2012.
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    California startup saves companies millions and combats climate change
    Published: January 24, 2017
    Outlet: KQED (Audio)
    “I think it's organizational, psychological and political,” says John Sterman of MIT's Sloan School of Management. “It's not economics and it's not technology.” Sterman stresses that investing in energy-efficient buildings is the cheapest, fastest way to cut our energy use and greenhouse gas emissions. But many businesses are reluctant to spend the money to fix what isn't yet broken. (Start: 5:00; End: 5:45)
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    This MIT grad is making SAT, ACT prep cheaper
    Published: January 23, 2017
    Outlet: Poets & Quants
    Tom Rose worked as a high-priced tutor, making $400 a session, while completing his MBA at the MIT Sloan School of Management. Along the way he had a revelation: 80% of the work he did could have been done better by a machine. With classmate Miro Kazakoff (now a lecturer at MIT Sloan), Rose built a software program that could teach students the things they needed to learn on their own time, while also creating data that coaches and tutors could access to make their interactions more efficient.
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    Poets & Quants' top MBA startups of 2017
    Published: January 23, 2017
    Outlet: Poets & Quants
    Linio — founded by a team of MBAs from New York University's Stern School of Business, MIT's Sloan School of Management and Harvard Business School — claimed second with $230.5 million, up from seventh last year.
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    How private equity firms are designed to earn big while risking little of their own
    Published: January 23, 2017
    Outlet: LSE Business Review (Opinion Piece)
    Rosemary Batt holds a PhD from the MIT Sloan School of Management. She and her co-author write: "Private equity firms are financial actors that sponsor investment funds that raise billions of dollars each year. The funds typically buy out high-performing companies using high amounts of debt and plan to resell them in a five-year window – promising investors outsized returns in the process..."
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    Another view: Virtual reality for seniors
    Published: January 23, 2017
    Outlet: The Longevity Network
    Bringing VR to seniors, including nursing home residents at Westview, is due to the ingenuity of two Massachusetts Institute of Technology graduate students. Currently second year business school students, Reed Hayes, 29, and Dennis Lally, 28, formed the VR company Rendever in October, 2015.
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    Trump's last chance to save our environment
    Published: January 23, 2017
    Outlet: The Hill
    This article urging President Trump to take three critical steps to support US business and protect the environment is endorsed by business school professors including MIT Sloan's John Sterman, all of whom are founders or board members of the Alliance for Research on Corporate Sustainability (ARCS), a partnership among academic institutions that facilitates research on corporate sustainability.
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    Love to hate regulation? What's realistic to expect under Trump
    Published: January 23, 2017
    Outlet: Inc.
    "There is no indication of support for raising the minimum wage," says Thomas Kochan, a professor of work and employment research at MIT. But where the federal government stays pat, states and localities push forward, a trend that will only grow, says Kochan. "If the Trump administration becomes aggressive in rolling back regulations--whether it is minimum wage or overtime or safety or health--you will see increased activity at the state level, and not just in California," says Kochan.
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    MIT Sloan adds a new Boston-focused lab to its executive MBA program
    Published: January 23, 2017
    Outlet: BostInno
    Friday, MIT Sloan School of Management will kick off two new labs catering to its Executive MBA students: the Innovation-Driven Entrepreneurial Advantage Lab (IDEA Lab) and the New Executive Thinking for Global Challenges (NEXT Lab). “Building innovation-driven entrepreneurial advantage is deeply embedded in the culture of MIT Sloan and is an intellectual and practical cornerstone of the EMBA program,” Fiona Murray, associate dean for innovation and professor at MIT Sloan, said in a statement.
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    MIT expands action-learning options
    Published: January 23, 2017
    Outlet: Poets & Quants for Executives
    MIT's Sloan School of Management plans to launch a pair of executive education labs to help EMBA students learn to fashion better organizational road maps and practical recommendations. The Innovation-Driven Entrepreneurial Advantage Lab (IDEA Lab) and the New Executive Thinking for Global Challenges (NEXT Lab) will begin Friday (January 27), expanding the school's action-learning options for EMBA students.
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    Dean Q&A: MIT Sloan's David Schmittlein
    Published: January 23, 2017
    Outlet: Poets & Quants
    “MIT is a place where people want to solve really big problems,” explains MIT Sloan Dean David Schmittlein in an interview with Poets & Quants. “Really big problems do not have as their answer, by itself, a single device, germ, new nano-material, or computer program. Yes, in many cases, science and tech are key to finding solutions, but so too are economics, sociology, psychology, politics — the people side...”
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    MIT economists are combating groupthink with algorithms
    Published: January 22, 2017
    Outlet: Quartz
    “Once considered provocative, the notion that the wisdom of the crowd is superior to any individual has become itself a piece of crowd wisdom, leading to speculation that online voting may soon put credentialed experts out of business,” writes MIT economist Drazen Prelec.
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    Denise Moriguchi aims to carry Uwajimaya brand forward
    Published: January 22, 2017
    Outlet: The Seattle Times
    Denise Moriguchi remembers many childhood hours spent at Uwajimaya, the Asian grocery-store chain her family owns. Decades later, the 40-year-old Moriguchi is set to become Uwajimaya's new chief executive and president. Moriguchi holds a master's in business administration from MIT's Sloan School of Management.
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    Fast discovery: The imperative for high velocity learning by everyone, about everything, all of the time
    Published: January 19, 2017
    Outlet: The Health Foundation (UK) (Opinion Piece)
    In this thought paper (which follows on from his 2013 paper, "Reinventing healthcare delivery"), MIT Sloan Senior Lecturer Steven Spear gives us useful examples from other industries, from aluminium production to car manufacturing to health care, to show how ill-managed care can be addressed. He shows that accelerated learning about the causes of problems is critical for success.
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    MBA diary: Tackling the diabetes epidemic
    Published: January 19, 2017
    Outlet: The Economist (Opinion Piece)
    Stefany Shaheen, an Executive MBA student at MIT Sloan, co-founded Good Measures, a firm that helps diabetes sufferers lead healthier lives. She writes: "The most rewarding part of my EMBA programme has been working with my classmates. The programme fosters a camaraderie and reliance on your team-mates in the same way that business does. The experience, expertise, and dedication that they exhibit is inspiring and energising."
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    El MIT rompe 6 falsos mitos sobre los emprendedores
    Published: January 19, 2017
    Outlet: Emprendedores News (Spain)
    El MIT, a través de su centro Martin Trust, ha querido acabar con algunos de ellos. En un MOOC subido a la plataforma educativa EdX desmonta medio centenar.
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    How to monetize your data
    Published: January 19, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    Barbara H. Wixom and Jeanne W. Ross, principal research scientists at the MIT Center for Information Systems Research (CISR), write: "The possession of rich amounts of data is hardly unique in today's world. Indeed, data itself is increasingly a commodity. But the ability to monetize data effectively — and not simply hoard it — can be a source of competitive advantage in the digital economy."
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    Is Google Alphabet a good bet?
    Published: January 19, 2017
    Outlet: Communications of the ACM Journal
    Michael A. Cusumano, Vice President and Dean at Tokyo University of Science, and on leave as a professor at the MIT Sloan School of Management, poses the question: "Is Google's Alphabet a good bet?"
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    Biggest challenge is coping with uncertainty
    Published: January 17, 2017
    Outlet: Bloomberg Surveillance (Video)
    MIT Sloan Professor Erik Brynjolfsson and Harvard Kennedy School Professor Carmen Reinhart discuss global economic uncertainty, the impact of globalization and technology and the potential for the spread of protectionism while attending the World Economic Forum in Davos.
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    "MIT Gang" desplazó predominio de los Chicago Boys en las políticas en Chile
    Published: January 16, 2017
    Outlet: Pulso (Chile)
    “En los últimos 20 años en Chile hubo un cambio en cien por ciento desde los Chicago Boys a los MIT Gang (pandilla, en inglés)” asevera Lee Ullmann, director de la oficina latinoamericana del Massachusetts Institute of Technology (MIT) asentada en Chile.
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    Mobile banking gives a big boost to Kenya's poor
    Published: January 13, 2017
    Outlet: The Wall Street Journal
    In yearslong research gathering data on 1,600 households, economists Tavneet Suri of MIT and William Jack of Georgetown University found that one innovation had an outsize impact: mobile banking. Extrapolating to a nationwide level and controlling for other relevant factors, the researchers estimated that between 2008 and 2014, access to M-PESA (Swahili for “mobile money”) lifted at least 194,000 Kenyan households out of extreme poverty.
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    Startup resolution 2017: Embrace believers, bounce skeptics & keep moving
    Published: January 13, 2017
    Outlet: Xconomy Boston (Opinion Piece)
    Bill Aulet, Managing Director of the Martin Trust Center for MIT Entrepreneurship, shares his number one resolution for 2017.
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    Loose lending in the construction industry
    Published: January 10, 2017
    Outlet: Construction Today (Opinion Piece)
    Andrew Sutherland, Assistant Professor of Accounting at the MIT Sloan School of Management, writes: "Lax mortgage lending by banks has long been recognized as a major cause of the financial crisis. But banks played another, lesser-known role in the crisis..."
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    Here's what really caused the housing crisis
    Published: January 10, 2017
    Outlet: CBS Money Watch
    As the author of new research from MIT Sloan, Antoinette Schoar, explained in an interview: “A lot of the narrative of the financial crisis has been that this [loan] origination process was broken, and therefore a lot of marginal and unsustainable borrowers got access to funding. In our opinion, the facts don't line up with this narrative. … Calling this crisis a subprime crisis is a misnomer. In fact, it was a prime crisis.”
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    Kerry issues a dire warning on climate change
    Published: January 9, 2017
    Outlet: The Boston Globe
    “No nation will do well if it sits on the sidelines, choking on the fumes generated by obsolete technologies, and failing to share in the benefits of the clean-tech explosion,” Kerry said during a speech at the Massachusetts Institute of Technology's Sloan School of Management.
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    Internet of things and developing analytics-based data products
    Published: January 9, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    Thomas H. Davenport is a Fellow of the MIT Initiative on the Digital Economy. Stephan Kudyba is an associate professor of Business Analytics and MIS at the Martin Tuchman School of Management at the New Jersey Institute of Technology. Steven Paul is a contributing editor at MIT Sloan Management Review.
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    Speaking at MIT, Secretary of State John Kerry urges action on climate change
    Published: January 9, 2017
    Outlet: WBUR (Video)
    The former Massachusetts lieutenant governor and U.S. senator got a standing ovation from a receptive crowd at MIT's Sloan School of Management.
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    Remarks at the Massachusetts Institute of Technology
    Published: January 9, 2017
    Outlet: U.S. Department of State (Transcript and Video)
    Secretary of State John Kerry spoke at MIT Sloan School of Management on January 9, 2017. This is a transcript and video of his remarks.
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    China at the heart of bitcoin mining
    Published: January 9, 2017
    Outlet: Bloomberg News (Video)
    Brian Forde, senior lecturer for bitcoin and blockchain at MIT Sloan School of Management, discusses the price of bitcoin, mining for the digital currency and the future of blockchain technology. He speaks to Bloomberg's Tom Mackenzie on "Bloomberg Markets" from the UBS Greater China Conference in Shanghai.
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    How speeding up payments to small businesses creates jobs
    Published: January 8, 2017
    Outlet: The Conversation (Opinion Piece)
    MIT Sloan Assistant Professor of Finance Jean-Noel Barrot writes: "Operating a small business, the backbone of the U.S. economy, has always been tough. But they've also been disproportionately hurt by the Great Recession, losing 40 percent more jobs than the rest of the private sector combined..."
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    If the ad-driven model for media is broken, what will fix it?
    Published: January 6, 2017
    Outlet: Marketplace (Audio)
    MIT Sloan Professor Sinan Aral speaks about an emerging model based on micro-payments: "You pay for every article that you read, a small fraction of a dollar, and therefore the most high-quality content gets rewarded with revenue." He also references how in the music industry, bands will give away their music and ask for a donation.
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    Why small isn't always beautiful: Labor regulations and firm growth
    Published: January 5, 2017
    Outlet: Microeconomic Insights (Opinion Piece) (England)
    Co-authors Luis Garicano (LSE), Claire LeLarge (Banque de France), and John Van Reenen (MIT), write: "What are the costs and benefits of regulation? Most countries treat smaller firms more generously when it comes to business regulation, exempting them from some of the burdens on larger firms..."
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    How ride-hailing apps like Uber continue cab industry's history of racial discrimination
    Published: January 5, 2017
    Outlet: The Conversation (Opinion Piece)
    Christopher R. Knittel is Professor of Applied Economics and Director of the Center for Energy and Environmental Policy Research at MIT Sloan School of Management. He and his co-authors write: "From hailing taxis that won't stop for them to being forced to ride at the back of buses, African-Americans have long endured discrimination within the transportation industry."
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    Technology is changing the way we live, learn and work. How can leaders make sure we all prosper?
    Published: January 4, 2017
    Outlet: World Economic Forum (Opinion Piece)
    Erik Brynjolfsson is director of the MIT Initiative on the Digital Economy at MIT Sloan School of Management. He writes: "In March 2004, a comedy of errors unfolded in the Mojave Desert. A million-dollar prize was on offer via the DARPA Grand Challenge for any self-driving car that could complete a 240km course..."
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    Pozen: Paul Ryan preps bold corporate tax plan
    Published: January 4, 2017
    Outlet: Boston Herald (Opinion Piece)
    Robert C. Pozen is a senior lecturer at MIT's Sloan School of Management and former chairman of MFS Investment Management. He writes: "While almost everyone agrees that the current U.S. system for taxing foreign profits of American corporations is counterproductive, there has been heated partisan debate about what should be done..."
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    Opinion: Easing this bank lending rule could spur small business growth
    Published: January 4, 2017
    Outlet: MarketWatch (Opinion Piece)
    Andrew Sutherland is an assistant professor at the MIT Sloan School of Management. He writes: "Small firms and startups are often referred to as the “engine” of the U.S. economy because of their ability to create new jobs. For example, firms with fewer than 500 employees accounted for 63% of net new U.S. jobs created between 1992 and 2013..."
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    Opinion: Stock market's real driver is not what you think
    Published: January 3, 2017
    Outlet: MarketWatch (Opinion Piece)
    Daniel Greenwald is an assistant professor of finance at the MIT Sloan School of Management. He writes: "What makes the stock market move over the long term? While stocks have historically delivered positive returns year-over-year on average, it is not clear why stock prices rise more rapidly in one period than in any other..."
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    Professor Robert Merton on the crisis in retirement planning
    Published: January 3, 2017
    Outlet: Financial Sense (Audio)
    James Puplava welcomes Robert Merton, Distinguished Professor of Finance at MIT Sloan School of Management and recipient of the Alfred Nobel Memorial Prize in Economic Sciences in 1997. Merton has written extensively about a coming crisis in retirement planning.
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    A bull named Trump in a shop called China
    Published: January 3, 2017
    Outlet: Project Syndicate (Opinion Piece)
    Yasheng Huang is Professor of Global Economics and Management at the MIT Sloan School of Management. He writes: "Some of US President-elect Donald Trump's nastiest attacks have been directed at China. He has accused it of 'raping' the United States with its trade policies, and of creating global warming as a 'hoax' to undermine US competitiveness. Why, then, are many Chinese policy advisers and commentators sanguine about future US-China relations?"
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    How four retailers became "best places to work"
    Published: January 2, 2017
    Outlet: Harvard Business Review (Opinion Piece)
    Zeynep Ton is an adjunct associate professor in the operations management group at MIT's Sloan School of Management. Sarah Kalloch is a research affiliate at MIT Sloan. Ton and Kalloch write: "HEB, Costco, Trader Joe's, and QuikTrip all made Glassdoor's 2017 “Best Places to Work: Employees' Choice” list, released in early December...What is it about their cultures that makes them such good places to work?"
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    Trump's extreme oligarchy
    Published: January 1, 2017
    Outlet: Gulf Times (Source: Project Syndicate)
    Simon Johnson is a professor at MIT's Sloan School of Management. He writes: "US president-elect Donald Trump is filling his cabinet with rich people. According to the latest count, his nominees include five billionaires and six multimillionaires. This is what is known as oligarchy: Direct control of the state by people with substantial private economic power..."
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    Teaching leadership to Millennials? First, get used to them
    Published: December 29, 2016
    Outlet: TechTarget's SearchCIO
    John Van Maanen, an organizational theorist at MIT's Sloan School of Management and the MIT Leadership Center, uses an acronym to describe today's world: VUCCA. It stands for volatile, uncertain, complex, chaotic and ambiguous—with one more C than the more common VUCA—and it's a big part of why today's leaders need to teach tomorrow's.
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    How employers can root out the influence of unconscious bias in compensation decisions
    Published: December 28, 2016
    Outlet: The National Law Review
    Emilio J. Castilla, Professor of Management at the Massachusetts Institute of Technology Sloan School of Management, examined the gender and race implications of ostensibly impartial, merit-based employer bonus systems.
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    2017--Trump--Are we ready to rise?
    Published: December 27, 2016
    Outlet: The Huffington Post (Opinion Piece)
    Otto Scharmer is a senior lecturer at MIT. He writes, "Donald Trump is to democracy what 2008 was to capitalism: a profound wake-up call reminding us that the system is broken and in urgent need of an “upgrade” that will bring it up to speed with the challenges of our time..."
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