Associate Professor of Management Science and Brain and Cognitive Sciences, MIT Sloan School of Management
As political misinformation and “fake news” proliferate online, many people seem to be putting partisanship before truth. But things are not as bad as you might think. David Rand, Associate Professor at MIT Sloan School of Management and the Director of the Human Cooperation Laboratory and the Applied Cooperation Team, reveals how we can protect ourselves from misleading headlines and how we can fight the spread of falsehood by “nudging” our friends to think about accuracy while scrolling through their newsfeeds.
David Rand is Associate Professor at MIT Sloan School of Management, the Director of the Human Cooperation Laboratory and the Applied Cooperation Team at MIT, and an affiliated faculty member of the MIT Department of Brain and Cognitive Sciences and MIT Institute of Data, Systems, and Society.
Hal Gregersen, Executive Director of the MIT Leadership Center
Ever since Howard Schultz revealed that he’s thinking of running for president, many people are revisiting a time-honored question: Could a business CEO ever be a good choice for the nation’s highest office?
But that’s not quite the right question, as it lumps together people with very different backgrounds and skill sets. The “CEO/businessperson” category breaks down into at least three major types.
First, there are multinational company CEOs (like Rex Tillerson and Carly Fiorina) who are products of long careers with steady rises up through bureaucratic hierarchies. Some of them indeed preside over organizations whose economic value, scope of trade and diplomatic issues surpass those of most of the world’s nations.
Assistant Professor of Finance, MIT Sloan School of Management, Emil Verner
From The Hill
After a severe financial crisis, it’s common to see a surge in political polarization and in the popularity of populist parties, especially on the far right.
We’ve seen this decade after decade, and it’s clearly the case now around the world. Just look at the Law and Justice Party in Poland, Podemos in Spain and Jobbik in Hungary. The U.S. has certainly seen its share of political polarization, too.
This shift matters, as the emergence of far-right parties increases policy uncertainty and can threaten economic growth and democratic institutions. Those parties often bundle together radical economic platforms with xenophobic policies and racist rhetoric.
As a result, it’s important to understand whether (and how much) financial crises lead to increased support for extremist parties and why there is a connection.
In a recent study, my colleague and I analyzed these questions in the context of Hungary after the 2008 financial crisis. That country experienced a particularly severe household debt crisis starting in 2008 and a sharp increase in support for the far right.
Something has shifted over the past few weeks and months. Not just since the recent US midterm elections or the climate deal in Katowice last week. There’s some real change in the air. In fact, it’s been there for a while. But we might not have noticed it…
…due to that other series of events. Brexit. Trump. Bolsonaro. Orban. Salvini. Erdogan. Duterte. The list goes on. It’s like standing in the boxing ring, encountering punches left and right. We’re still absorbing one blow as the next is already being launched. That’s how the past two-plus years have felt to me — and I assume to many. But now, as 2018 draws to a close, for the first time in a while I feel that we’re getting back on our feet; we’re beginning to shift our mode of operating from reactive to generative.
One of the most dismaying aspects of President Trump’s speech on Saturday was that he showed total disregard for the federal workers and contractors who are not getting paid even though some of them are required to work, others are not able to go to work and some are neither working nor will ever get paid for the time lost.
It is time for all federal workers and contractors, and indeed for the American public they serve, to stand up and say enough is enough: Stop holding these workers hostage to a political impasse that good faith negotiations could easily resolve.
Federal employees may need to raise their own voices to make this happen. They should demand an immediate end to the shutdown and perhaps tak a play from the Google employees’ playbook and call for a day of action if the shutdown continues.
Moreover, like the Google employees, federal workers should demand a seat at the table in negotiations over how to best solve our border security and immigration problems once and for all.