In a post for BetaBoston, Senior Lecturer Steven Spear urges the Boston 2024 committee to use videos and other representations to demonstrate what it would be like to host the Olympics: “Such simulations could help give people a sense of what something that occurs on the scale of the Games will look and feel like in practice.”
Professor Zeynep Tone writes for Forbes about his research that indicates companies that pay their employees higher wages tend to outperform their competitors. “[T]hese companies consider their workforce not as a cost to be minimized but as a strategic asset,” writes Tone.
Wall Street Journal reporter Ed Silverman interviews Professor Andrew Lo about his proposal that a public-private partnership could solve funding issues for drugs research and development. “Right now, the risk of failure [in developing an Alzheimer’s treatment] is far too high for any single pharmaceutical company to take on,” Lo explains.
“Based on the current rates of success in creating new drugs for Alzheimer's disease, it could take 260 years until the next one is approved,” writes The Boston Globe’s Carolyn Johnson on the rationale for why Professor Andrew Lo is proposing a new, portfolio-based approach to Alzheimer's research.
Reuters reports on Professor Kristin Forbes’ appointment to the Bank of England’s Monetary Policy Committee. "Dr Kristin Forbes is an economist of outstanding ability with real practical experience of policy making," says Chancellor of the Exchequer George Osborn.
Chancellor of the Exchequer George Osborn has appointed Professor Kristin Forbes to the Bank of England’s Monetary Policy Committee, writes Asa Bennett for The Huffington Post UK. Forbes is the second woman appointed to the committee under Osborn.
“Kristin Forbes, a former economic adviser to George Bush, is to break the all-male stranglehold on interest-rate setting in the UK when she becomes a member of the Bank of England's monetary policy committee in July,” writes Larry Elliot of The Guardian.
“Kristin Forbes, a professor of management and global economics at the Massachusetts Institute of Technology, will join the MPC for its July meeting, completing an almost wholesale transformation of the committee’s membership within a year,” write Chris Giles and Emily Cadman for The Financial Times.
Jennifer Ryan and Emma Charlton of Bloomberg News report that Professor Kristin Forbes has been appointed to the Bank of England’s Monetary Policy Committee. Forbes previously worked for the U.S. Treasury during the Bush administration and was the youngest member ever on the White House Council of Economic Advisers.