School in the News | August 15, 2011
Media reports from around the world
Bernanke Models Tested as Forecasts Fail
Bloomberg | August 05, 2011
It is briefly stated in this piece about the Federal Reserve's assessments of and forecasts for the US economy that David Stockton, director of the Fed’s Division of Research and Statistics, "will be succeeded by David Wilcox, 52, a Massachusetts Institute of Technology Ph.D. who has worked at the Fed Board since 2001."
Fed Said to Follow Basel Capital Rules for Biggest U.S. Banks
Bloomberg Businessweek | August 10, 2011
"Federal Reserve officials are drafting rules for the biggest U.S. banks that won’t be more stringent than international capital standards agreed to in Basel, Switzerland, according to a person familiar with the discussions." MIT's Simon Johnson is briefly quoted.
Fed’s Sheets Quits as Chief International Economic Adviser
Bloomberg Businessweek | August 08, 2011
"The Federal Reserve said D. Nathan Sheets quit as the central bank’s chief international economic adviser after almost four years in the position and a day before policy makers meet...Sheets, who like Bernanke earned a Ph.D. in economics from the Massachusetts Institute of Technology, joined the Fed as an economist in 1993."
Congress, mired by its partisan bickering, finding few fans
Boston.com | August 12, 2011
MIT's Charles Stewart is quoted in this article about the unpopularity of Congress, now and throughout history. This piece originated with The Washington Post.
Economic madness and the new austerity
Chicago Tribune | August 08, 2011
This article discusses economics, now, and at the time that MIT professor Paul Samuelson's classic textbook- 1968's "Economics: An Introductory Analysis". The book and Dr. Samuelson are featured.
Jonathan Gruber, Professor of Economics, MIT
Slate | August 09, 2011
MIT's Jonathan Gruber is profiled.
Peter Diamond on the job crisis, the deficit and what Congress and the Fed can do
The Washington Post | August 11, 2011
CBC Radio | August 09, 2011