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<title>MIT World Newsletter | Volume 9, Number 25 | February 18, 2010</title>
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<p style="color: #777777;font-family: Arial, Helvetica, sans-serif;font-size: 12px;margin: 0;padding: 0 0 10px 0;">February 18, 2010</p>
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<p style="color: #777777;font-family: Arial, Helvetica, sans-serif;font-size: 12px;margin: 0;padding: 0 0 10px 0;">Volume 9, Number 25</p>
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<a href="http://mitworld.mit.edu/video/744"><img src="http://mitworld.mit.edu/thumbs/video/browse/mitwstill01257econdeptkrugmanmeltdown05feb2010.jpg" alt="Video" width="140" height="105" /></a>
<p style="margin:10px 0 0 15px;padding:0;"><a href="http://mitworld.mit.edu/video/744"><img src="http://mitworld.mit.edu/_resources/img/email/btn_play-video.gif" alt="Play Video" width="104" height="25" style="border:0;" /></a></p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 10px 0 10px 0;">"It’s as if it were still 2007: we’ve gone back to it. People are espousing the same positions,
the same rhetoric about private sector dynamism and the evils of big government. The same
denunciations of Keynesian economics are right back in vogue."</p>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Paul Krugman</h3>
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<h2 style="color: #94353b;font-family: Georgia, 'Times New Roman', Times, serif;font-size: 20px;font-weight: normal;margin: 0 0 15px 0;padding: 0;"><a href="http://mitworld.mit.edu/video/744" style="color: #94353b;">The Economic Meltdown: What Have We Learned, if Anything?</a></h2>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">February 5, 2010</p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">The U.S. has had more than 70 years to come to terms with the Great Depression, and we really
thought we knew how to avoid another one, says Paul Krugman. “It wasn’t supposed to be possible.
Then came the current crisis.”</p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Speaker</h3>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Paul Krugman PhD '77</h3>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Professor of Economics and International Affairs, Princeton University<br>Columnist, <u>The New York Times</u><br> <br />2008 Nobel Laureate in Economics </p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Event Host</h3>
<p style="color: #94353b; font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: normal;margin:0;padding-top:0;"><div style="width:200px;"><a href="http://econ-www.mit.edu/" style="color: #94353b;">Economics Department</a></div>
<a href="http://econ-www.mit.edu/"><img src="http://mitworld.mit.edu/uploads/econ_sm.png" alt="Economics Department" style="display:inline;float:right;margin-top:-15px; border:none;" /></a></p>
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<a href="http://mitworld.mit.edu/video/743"><img src="http://mitworld.mit.edu/thumbs/video/browse/mitwstill01234transportpetroleumpt1heywood22sep2009.jpg" alt="Video" width="140" height="105" /></a>
<p style="margin:10px 0 0 15px;padding:0;"><a href="http://mitworld.mit.edu/video/743"><img src="http://mitworld.mit.edu/_resources/img/email/btn_play-video.gif" alt="Play Video" width="104" height="25" style="border:0;" /></a></p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 10px 0 10px 0;">"In the last 25 years, vehicles have become more efficient, while fuel economy has not really changed.
Big vehicles are about as efficient as small, but percentage-wise, we consume more fuel.
"</p>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">John Heywood</h3>
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<h2 style="color: #94353b;font-family: Georgia, 'Times New Roman', Times, serif;font-size: 20px;font-weight: normal;margin: 0 0 15px 0;padding: 0;"><a href="http://mitworld.mit.edu/video/743" style="color: #94353b;">Opportunities for Reducing U.S. Transportation's Petroleum Usage and Greenhouse Gas Emissions </a></h2>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">September 22, 2009</p>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">While the U.S. has set formidable goals around cutting oil consumption and reducing greenhouse
gas emissions, these will likely remain out of reach as long as we continue our romance with
big, powerful cars, says John Heywood.</p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Speaker</h3>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">John B. Heywood SM '62, PhD '64</h3>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Sun Jae Professor of Mechanical Engineering <br />Director, Sloan Automotive Laboratory Co-Director, Lab for 21st Century Energy </p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Event Host</h3>
<p style="color: #94353b; font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: normal;margin:0;padding-top:0;"><div style="width:200px;"><a href="http://transportation.mit.edu/index.php" style="color: #94353b;">Transportation@MIT</a></div>
<a href="http://transportation.mit.edu/index.php"><img src="http://mitworld.mit.edu/uploads/TransportationatMIT2010logo.gif" alt="Transportation@MIT" style="display:inline;float:right;margin-top:-15px; border:none;" /></a></p>
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<h3 style="color: #000000;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:0;text-transform:uppercase;">In The Pipeline:</h3>
<h3 style="color: #ffffff;font-family: Georgia, 'Times New Roman', Times, serif;font-size: 22px;font-weight: normal;margin:0;padding-top:15px;">The Road from Copenhagen</h3>
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<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:0;text-transform:uppercase;">Presented By</h3>
<p style="font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: normal;margin:0;padding-top:0;">MIT Energy Initiative</p>
<h3 style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;font-weight: bold;margin:0;padding-top:20px;text-transform:uppercase;">Moderator</h3>
<h3 style="font-family: Georgia, 'Times New Roman', Times, serif;font-size: 16px;font-weight: normal;margin:0;padding-top:0;">Ernest Moniz</h3>
<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Director <br />MIT Energy Initiative </p>
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<p style="color: #323232;font-family: Arial, Helvetica, sans-serif;font-size: 14px;margin: 0;padding: 3px 0 10px 0;">Massachusetts Institute of Technology<br />77 Massachusetts Avenue<br />Cambridge, MA 02139-4307</p>
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