Collaborating to advance LEADing-edge digital financial infrastructure
Project led by MIT economist Rob Townsend aims to help low- and middle-income countries assess and utilize new technologies to improve central banks’ functions.
Magnetic sensors track muscle length
Using a new technology, researchers hope to create better control systems for prosthetic limbs.
Why do banking crises occur?
In a new book, political scientist David Singer finds two key factors connected to financial-sector collapses around the globe.
A platform for Africa’s mobile innovators
Africa’s Talking gives entrepreneurs on the continent an easy way to add voice- and text-based functions to their solutions.
South Africa startup Wala wins Zambezi Prize for micropayments platform
Legatum Center’s award for innovation in financial inclusion plays a key role in MIT’s push to expand African engagement.
Watching how the money flows
David Andrew Singer maps the influence of global capital flows among governments, banks, and individuals around the world.
Know thy banker — it could keep you solvent
Study shows banks that have good working relationships with their customers reduce loan defaults.
Better bankruptcies for banks
New study shows that more transparent accounting helps bidders, lowers costs when financial institutions fail.
Former banking executive reflects on launch and rise of the ATM
John Reed talks about the challenges and opportunities of working with a complex sociotechnical system.
3 Questions: Andrew Lo on JP Morgan’s multibillion-dollar trading loss
MIT financial markets expert addresses the need for better risk management — and a simple way to tell if JP Morgan’s failed gamble was a trade or a hedge.
3 Questions: Roberto Rigobon on world markets
MIT expert in international economics surveys a month of turmoil.
Cracking the code
MIT sociologist’s book takes an insider look at investment banking and the high-risk trades that can spin out of control.
Explained: Knightian uncertainty
The economic crisis has revived an old philosophical idea about risk and uncertainty. But what is it, exactly?
‘Failure is good’
In a talk to promote his new book, MIT’s Simon Johnson lambastes a finance industry he sees as lacking a healthy fear of losing money.