Faculty
Frank Levy

Who I am.

I am an  economist, retired from teaching  and department meetings but not much else. I am currently a Visiting Scholar at the Fuqua School of Business, Duke University where I work on computers' impact on jobs and living standards.  In the Spring of 2015, I concluded a three year term co-organizing the CSAIL/Economics Seminar series at MIT bringing together computer scientists and economists to better understand computerized work. In December 2016, I co-organized the deLange Conference on the Future of Work at Rice University. I am currently on the Research Advisory Committee of MIT's Initiative on the Work of the Future. 

l am married to Katherine Swartz, an economist at the Harvard School of Public Health. We have two children Dave (and his wife Kelly) and Marin (and her husband Joseph) and we have four outstanding grandchildren: Andrew (five years old as of
September 2018), Ben (five years old), Emma (four years old) and Sam (two and one-half years old). Before coming to MIT in 1992, I taught for ten years at Cal-Berkeley and eleven years at the University of Maryland at College Park and worked for four years at the Urban Institute in Washington DC. For much of 2017-18, Kathy and I will be in Durham visiting Duke University.


Current Projects

My research focuses on the near-term future of work  - how artificial intelligence, institutions and politics will shape specific labor markets over the next decade. I am currently using interviews and data to understand how technology might effect the Triad Region of North Carolina (Greensboro, High Point and Winston-Salem). A recent paper projects the near-term impacts of technologies including autonomous trucking, automated customer service responses and industrial robotics. The working paper is available on SSRN at this link  "Computers and Populism" and was published in June. 2018 in the Oxford Review of Economic Policy.   A  paper, co-authored with Dana Remus. examines the proposition that much of lawyers' work will soon be automated. The paper is available on SSRN at this link -  "Can Robots be Lawyers?: Computers, Lawyers and the Practice of Law"  - and was published in Georgetown Journal of Legal Ethics in September, 2017.  With Dr. Max Rosen of UMass Memorial Hospital/Medical School, I have completed a draft book manuscript on the technical/economic history of U.S. medical imaging with a working title of 256 Shades of Gray. 


Older Work

A working paper  'Dropouts, Taxes and Risk: The Economic Return to College under Realistic Assumptions" (with Alan Benson and Raimundo Esteva) demonstrates that standard estimates of the rate of return to college are based on best case assumptions that sometimes overstate returns and, more important, obscures differences in returns among institutions. More realistic assumptions can reasonably inspire caution among some students and their parents depending on what type of institution they attend.  My 2013 paper, Dancing with Robots is coauthored with Richard J. Murnane (The Third Way Foundation) examines the skills needed in a job market that has been reshaped by computerized work and offshoring.  


Radiology Papers

The "Sharp Slowdown in Growth of Medical Imaging" co-authored with David Lee of GE Healthcare, was published in the August 2012 edition of Health Affairs and documents how policy has managed to slow the growth of advanced imaging utilization (Abstract). Earlier papers include "Offshoring Professional Services" with Kyoung He Yu, describing the Indian teleradiology industry  (British Journal of Industrial Relations).  "Computers and the Supply of Radiology Services" (Journal of the American College of Radiology)  in which I argued that computers were increasing competitive pressure on radiologists and "Computers, Conversation, Utilization and Commoditization" (American Journal of Roentology) where I trace the impact of digitized imaging on the radiologist's job and the radiology job market.


Wage Stagnation and Economic Inequality

About eight years ago, Peter Temin and I completed two book chapters explaining the development and subsequent collapse of the economic institutions that helped to achieve a more equitable distribution of economic growth in the years between World War II and the 1980s. A working paper version of the argument is available on SSRN here. A short version of the argument was given as the first "Bernie Saffran Memorial Lecture". at Swarthmore College, November 15, 2007.  

 Books

The New Division of Labor: How Computers Are Creating the Next Job Market. (with Richard J. Murnane), Princeton University Press, 2004.
The New Dollars and Dreams: American Incomes in the Late 1990s. Russell Sage Foundation, 1999. 
Teaching the New Basic Skills(with Richard J. Murnane), Basic Books, 1996.

Areas of Interest
Artificial Intelligence, Economic Development, Machine Learning