With a market capitalization of approximately $12 billion and with the price of Bitcoin reaching towards its 2016 high, Bitcoin is both the most established and the most secure cryptocurrency. Its ascendancy has triggered both a great deal of enthusiasm and a fair share of concern.
On the utopian side, optimistic proponents assert that cryptocurrencies will free consumers from the tyranny of their domestic currencies, will force out entrenched financial players and payment systems, will reduce transaction costs for businesses and fees for consumers.
On the dystopian side, pessimistic opponents argue that cryptocurrencies may undermine traditional monetary policy, support illicit activity, or simply cannot meet the speed, scale and privacy requirements of real-world financial applications and marketplaces.
Professor Jason J. Jay, author of Breaking Through Gridlock, will discuss the power of conversation in overcoming polarization via effective and positive conversation during the #MITSloanExperts Twitter chat on Monday, June 5th at 12 p.m. EDT. Jason will join his co-author, Gabriel Grant, to discuss how we can fuel healthy dialogues and innovation to enrich relationships and create powerful pathways forward. You can search the #MITSloanExperts and #BreakingGridlock hashtags to join the conversation in real time.
Professor Jason J. Jay is a Senior Lecturer at the MIT Sloan School of Management and the director of the Sustainability Initiative at MIT Sloan. He holds a bachelor’s in psychology and a master’s in education from Harvard and a doctorate in management from MIT.
Gabriel Grant is the CEO of Human Partners and cofounder of the Byron Fellowship Education Foundation. He holds a master’s in leadership and sustainability from Yale and a master’s in ecological systems engineering and a bachelor’s in physics from Purdue.
Political polarization in the U.S. is at its highest level in decades. This isn’t surprising, especially in the wake of the recent presidential election.
It’s hard to go on social media, much less cable news these days and not see reports that support one political side and vilify the other. Is there any hope for bringing the country closer together? We think so.
In a recent study, we found that the way information is presented can influence political polarization. When it is presented in a way that engages people in an objective analysis of the information at hand, political polarization can decrease. Yet when the same information provokes people to think about their relevant political preferences, people remain polarized.
In other words, people might moderate their views when they have more information on how a contentious policy works, but not if they’re busy thinking about what they want or why they want it.
Scott Pruitt’s confirmation last week as chief of the Environmental Protection Agency was a setback for environmentalists and scientists who waged a fierce campaign against the nominee.
As Oklahoma’s attorney general, Pruitt led or took part in 14 lawsuits that sought to block EPA regulations and policies intended to tackle climate change. In addition, his views on global warming put him at odds with both the stated positions of many companies and their current policies toward climate change.
Pruitt is one of many announced appointees who is hostile to efforts aimed at reducing emissions linked to global warming. Many in the administration are skeptical that climate change is caused by human activity or doubt its consequences will be significant. President Trump has expressed extreme skepticism about climate change, calling it a hoax created by China.