The economics of urban environments
The Urban Economics Lab at MIT focuses on studying economic activity and economic trends in cities. The Lab uses analytical models and big data to understand what makes cities thrive or decline, how housing values are formed and oscillate, and how local politics and social phenomena manifest in the context of increasing global urbanization.
To learn more about the Lab, check out their new website at https://urbaneconomics.mit.edu/home.
The Smith College Museum of Art is featuring a show of photographs by DUSP Professor Anne Whiston Spirn. The exhibit, entitled "The Eye is a Door," is the first major exhibition to explore how Spirn’s photographs encourage a deeper understanding of the natural and built environment through the development of visual literacy -- the ability to read and analyze visual information.
Data from the MIT "Living Wage Calculator" show the gap between the cost of living modestly in the US and the minimum and poverty wage rates. Amy Glasmeier, professor of economic geography and regional planning, began developing the calculator a decade ago while studying the causes of recurrent poverty. Besides contributing data to discussions on raising the minimum wage, the tool and Glasmeier’s comments in Slice of MIT illustrate why higher wages help everybody.