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the best of the week

The flawed fundamentals of failing banks

MIT economist Emil Verner’s historical detective work shows how banking-sector crises develop out of bad business practices.

Why does wealth inequality matter?

An MIT Stone Center event examined the origins, mechanisms, and political consequences of high inequality.

Tomás Palacios named director of the Institute for Soldier Nanotechnologies

The electrical engineering and nanotechnology leader will guide the US Army-sponsored research center as it advances next-generation materials, electronics, and photonics for national security.