Starting in July, MIT’s Shaping the Future of Work Initiative in the Department of Economics will usher in a significant new era of research, policy, and education of the next generation of scholars, made possible by a gift from the James M. and Cathleen D. Stone Foundation. In recognition of the gift and the expansion of priorities it supports, on July 1 the initiative will become part of the new James M. and Cathleen D. Stone Center on Inequality and Shaping the Future of Work. This center will be officially launched at a public event in fall 2025.
The Stone Center will be led by Daron Acemoglu, Institute Professor, and co-directors David Autor, the Daniel (1972) and Gail Rubinfeld Professor in Economics, and Simon Johnson, the Ronald A. Kurtz (1954) Professor of Entrepreneurship. It will join a global network of 11 other wealth inequality centers funded by the Stone Foundation as part of an effort to advance research on the causes and consequences of the growing accumulation at the top of the wealth distribution.