Max and Herta Neubauer Professor of Economics Emeritus and Research Professor, Tufts University.

Medford, Massachusetts
Elizabeth’s work is fascinating, with its quality, depth and ambition. Nothing comparable on METCO existed before this work. Congratulations to my colleague!
Elizabeth Setren @ElizabethSetren has written a very valuable paper on the effects of school desegregation. Significant improvements in a range of educational outcomes are credibly identified as causal. Children with less educated parents benefit more, suggesting an interesting substitutability between parental and school characteristics. One important conclusion is that the effects of program derive both from higher quality schools as well as differences in peers and norms. One more piece of evidence for the memberships theory of inequality, in this case with respect to schools and neighborhoods.
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Yannis M. Ioannides retweeted
Our "grandma" paper is cited in the Wall Street Journal today. @usc, @usc_econ, @USCDornsife , @HooverInst The rise of power couples caused delayed Grandparenthood. We explore the many consequences of this trend. nber.org/papers/w35773
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Some frightening data on Greek demographics. They would be much worse were it not for the fertility of non-native born women. share.google/OKL1gSBNsBc9v0n…
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Delighted to see that @DAcemogluMIT is advocating property rights on our data. Relatedly, please see link from 2012. archive.nytimes.com/bits.blo…
Dear followers, I’m delighted to share this videocast of my conversation with Nick Hanauer on Pitchfork Economics on my new book. Podcast is also available. What Happened to Liberal Democracy (with Nobel Prize-winning economist D... piped.video/DXCpNHHVSK8?si=in3N… via @YouTube
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Very pleased to see that Daron Acemoglu is arguing in his latest book in favor of property rights on user-generated data. Here are some thoughts from 2012. Disruptions: Facebook Users Ask, ‘Where’s Our Cut?’ - The New York Times archive.nytimes.com/bits.blo…
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Enthusiastic congratulations!
Delighted to be part of a dream team (tinyurl.com/4fu63fd8) to advance the vision of a biotechnology lab on the cloud! #AI meets the physical world to advance science. @Damp_Lab with @BU_Computing and @KABrownLab with support from @NSF.
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Yannis M. Ioannides retweeted
Some comments on Marx and mainstream economics Having seen a recent recent set of tweets attacking the economics discipline in general and UChicago economics, in particular, apparently on the basis that Marxist thought is unrepresented in elite departments, I make some observations in response. With respect to UChicago economics and the Chicago School, I post this video. Samuel Bowles (starting at 9:00) discusses the beginning of his career when Harvard acted to fire him for no signing a loyalty oath. He stayed at Harvard when the requirement was overturned in court. In the interim, Zvi Griliches (then at Chicago) called him to say he should come to UChicago, and that Gary Becker and Milton Friedman agreed. piped.video/watch?v=lV-9-qoS… I may be an economist at Chicago, but I am certainly not a "Chicago economist," and present this as evidence on the actual department as opposed to a stereotype. Make no mistake, it is terrible that Bowles, Herbert Gintis and Duncan Foley (to name what I think are the most egregious examples) were not tenured by Harvard (B and G) and Stanford (F) respectively. And John Roemer should have been pursued by every elite economics department. But this reflects the situation 40 years ago. Second, complaints that contemporary elite economics departments do not include Marxists fail, at least in their social media form, for three distinct reasons. 1. The critiques typically fail to give any substantive reason why the omission matters. Economics, as a body of thought, has evolved towards a set of objects of study that are very different from political economy as classically understood. If one bemoans this evolution, one needs specific critiques of the body of current economic research, either because of limitations in this domain or because of desiccation as to how questions in the domain are analyzed. Banalities such as "Marx studied inequality and this is little taught," are an argument for history of thought courses, nothing more. Such substantive critiques do exist, of course. Brian Leiter @BrianLeiter does this in his great book with Jaime Edwards, Marx. Historians of capitalism do this as well; it is a huge loss to Chicago at Jonathan Levy @_jonlevy (his book The Real Economy is deeply insightful) has moved to Sciences Po. Whether or not I agree with all of their arguments is irrelevant, the point is that they make powerful arguments. This leads to 2. Any critique of Economics departments needs to account for the fact the universities are ecologies. There is much capacity to learn about Marxian thought in departments other than Economics at the University of Chicago. This reflects, IMO, the differential importance of the ideas to different disciplines. There are good reasons for specialization. 3, Any critique has to argue that there are scholars who active research programs matter for either enriching or expanding the domain of economics. Otherwise, one is arguing for intellectual diversity quotas that will not do anything substantive. I do not think Marxist economics is a flourishing area nor has been for a long time. It is noteworthy that leading radical economists moved away from Marxism. This matters in understanding the evolution of departments since the late 1960s and 1970s. piped.video/watch?v=lV-9-qoS… As for my views on Marx, here is a public conversation that Geoff Wodtke and I had with Jaime Edwards and Brian Leiter on their book, where I present some of them. stonecenter.uchicago.edu/eve…
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Yannis M. Ioannides retweeted
Very happy to be able to write this for @nytopinion.
Is recent economic data hiding long-term decline? In @nytopinion, @sndurlauf argues that President Trump's policies undermine critical investments in people, science, and innovation that drive economic prosperity in the United States. Read the essay: nytimes.com/2026/07/02/opini…
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Is recent economic data hiding long-term decline? In @nytopinion, @sndurlauf argues that President Trump's policies undermine critical investments in people, science, and innovation that drive economic prosperity in the United States. Read the essay: nytimes.com/2026/07/02/opini…
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In Symi, a beautiful monument carved on the rock and commemorating the surrender of the German Dodecanese command, May 8, 1945, hosts parades of students, army and naval detachments,mayor,bishop,nomarch, minister of defense, and then taverna seating and motorcycle parking: SHAME!
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Yannis M. Ioannides retweeted
A lovely, humane, and patriotic essay.
For 2026, 250 yrs after #DeclarationOfIndependence, a new essay on how to defend democracy in America: home.uchicago.edu/~rmyerson/… Instead of demagoguery & strategic neglect, America needs two parties listening to voters and competing to represent them in every part of every state.
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Friends, Students and Colleagues are mourning the passing of Dimitri P, Bertsekas, a giant scholar and teacher and a wonderful person. I personally have known him for 60 years. A huge loss!
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Τεχνητή Νοημοσύνη, Παρασκευή 15 Μαΐου 2026 και ώρα 17.00, Ανατολική Αίθουσα Ακαδημίας Αθηνών - YouTube Event in Greek on A.I. part of Celebration of the Centenary of the Academy of Athens piped.video/watch?v=AqIsb3VP…
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Marvelous, superbly designed, moving ceremony yesterday at the University of Cyprus, privileged to have been associated with for 35 years! Super/Generous words by President Christofides, Dean Clerides and Chair Kourtellos. I Can’t thank them enough!
It was a privilege for us to recognize Yannis Ioannides @ProfYMI for his pioneering and wide-ranging scholarship, his service to the profession, and his role in advancing scientific inquiry in Cyprus and Greece. Thank you Yanni!
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In Nicosia, and in gratitude for this super generous award, I am truly amazed by this fantastic campus and its atmosphere of learning. Great dedicated students and faculty really impressed me yesterday with their presentations. I couldn’t be prouder to the extent that I helped!
Yannis Ioannides @ProfYMI is a polymath and a true intellectual. He was instrumental in the early development of the Economics dept at the @UCYOfficial. We are honored to welcome him formally into our academic community through the award of an honorary doctorate.
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