Senior lecturer Robert C. Pozen and co-author wrote: "Whatever the outcome of the court battles, Americans should hope that the tariff madness ends. While the lower temporary tariffs weren't as bad as those originally threatened on 'Liberation Day,' they nevertheless would produce significant adverse effects—higher consumer prices, lower business investment and lower economic growth."

Negotiating comes more naturally to some than others. A recent study by associate professor Jackson Lu found that MBA graduates of East Asian and South-East Asian ethnicity had markedly lower salaries than South Asians and whites. The propensity to negotiate among different groups explains the gap; East Asians and South-East Asians who did not try to negotiate were more likely to say they were concerned about damaging the relationship with an employer.

Institute Professor Daron Acemoglu challenges the AI revolution narrative with surprising data: AI will likely automate just 5% of tasks and add only 1% to global GDP this decade. And where the internet's potential was clear early on, AI's is not, and the technology has yet to deliver applications that can transform production or create valuable new services.

"One of the biggest challenges that we face in finance is financial advice," said professor Andrew W. Lo. "How do we deal with various different investors' needs to manage their portfolio to achieve certain objectives."

Recent graduates are facing a tougher job market, and many are being forced to rethink how their skills align with a world increasingly shaped by artificial intelligence. Professor Sinan Aral joined Market Domination Overtime to explain how students and employers can adapt to the changing landscape.

In an open letter, Institute Professor Daron Acemoglu, professor Simon Johnson, and co-authors said a massive budget bill passed by House lawmakers last month would weaken key safety-net programs while greatly lifting the federal debt. "The combination of cuts to key safety net programs like Medicaid and SNAP and tax cuts disproportionately benefiting higher-income households means that the House budget constitutes an extremely large upward redistribution of income," they wrote.

Will this be another summer of protest for Market Basket employees and customers? Don't count on it, Professor Emeritus Thomas Kochan said. "It would be hard to envision a mass protest because this does come across as a family feud over succession," Kochan observed. "It's too abstract. It's too much an internal dispute that I don't think would resonate."

"Improving technology and expanding the capabilities of some people may not necessarily translate into improved living standards for everyone," professor Simon Johnson said. "A lot of Big Tech bosses are more intensely focused on improving the capabilities of people like themselves."