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Simon Johnson (economist) Wiki2Web Clarity Challenge

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Study Guide: Simon Johnson: An Economist's Profile

Cheat Sheet:
Simon Johnson: An Economist's Profile Study Guide

Biographical Foundations

Simon Johnson, a prominent economist, was born in the United Kingdom in 1963.

Answer: False

Explanation: Simon Johnson was born in Sheffield, United Kingdom, in 1963. He holds dual British and American nationality.

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Simon Johnson earned his Doctor of Philosophy (PhD) in Economics from the Massachusetts Institute of Technology (MIT).

Answer: True

Explanation: Simon Johnson completed his PhD in Economics at the Massachusetts Institute of Technology (MIT) in 1989.

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Simon Johnson's doctoral dissertation was titled "Inflation, intermediation, and economic activity."

Answer: True

Explanation: The title of Simon Johnson's doctoral dissertation, completed at MIT, was indeed "Inflation, intermediation, and economic activity."

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Simon Johnson holds only American nationality.

Answer: False

Explanation: Simon Johnson holds dual British and American nationality.

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Who is Simon Johnson, and what are his principal fields of academic specialization?

Answer: An economist born in 1963, expert in political economy and development economics.

Explanation: Simon Johnson is a British-American economist, born in 1963, whose primary areas of expertise are political economy and development economics.

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From which esteemed institution did Simon Johnson receive his Doctor of Philosophy (PhD) in Economics?

Answer: Massachusetts Institute of Technology (MIT)

Explanation: Simon Johnson earned his Doctor of Philosophy (PhD) in Economics from the Massachusetts Institute of Technology (MIT).

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What was the precise title of Simon Johnson's doctoral dissertation?

Answer: Inflation, intermediation, and economic activity

Explanation: Simon Johnson's doctoral dissertation was titled "Inflation, intermediation, and economic activity."

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What are Simon Johnson's nationalities?

Answer: British and American

Explanation: Simon Johnson holds dual British and American nationality.

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Academic Career and Affiliations

Simon Johnson previously held a professorial position at Harvard University.

Answer: True

Explanation: Simon Johnson served as a junior scholar at Harvard University from 1989 to 1991, engaging with the Harvard Academy for International and Area Studies and its Russian Research Center.

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Prior to his affiliation with MIT, Simon Johnson held academic positions at Duke University's Fuqua School of Business.

Answer: True

Explanation: Before joining MIT, Simon Johnson served as an assistant and associate professor at Duke University's Fuqua School of Business from 1991 to 1997.

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Simon Johnson has been affiliated with the National Bureau of Economic Research (NBER) as a research associate since 2004.

Answer: True

Explanation: Simon Johnson has maintained an affiliation with the National Bureau of Economic Research (NBER) as a research associate since the year 2004.

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Simon Johnson served as a fellow for Harvard's Russian Research Center.

Answer: True

Explanation: During his time as a junior scholar at Harvard University (1989-1991), Simon Johnson was affiliated as a fellow with its Russian Research Center.

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Simon Johnson was a senior fellow at the Peterson Institute for International Economics from 2008 to 2019.

Answer: True

Explanation: Simon Johnson held the position of senior fellow at the Peterson Institute for International Economics from 2008 to 2019.

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Which of the following academic institutions did Simon Johnson NOT hold a professorial appointment at prior to his affiliation with MIT?

Answer: University of Manchester

Explanation: Simon Johnson held positions at Harvard University and Duke University prior to joining MIT. The University of Manchester is not listed as an institution where he held a teaching position before MIT.

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At which institution does Simon Johnson currently hold a professorial appointment?

Answer: MIT Sloan School of Management

Explanation: Simon Johnson currently holds the position of Ronald A. Kurtz Professor of Entrepreneurship at the MIT Sloan School of Management.

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Since what year has Simon Johnson been affiliated with the National Bureau of Economic Research (NBER) as a research associate?

Answer: 2004

Explanation: Simon Johnson has been affiliated with the National Bureau of Economic Research (NBER) as a research associate since the year 2004.

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During his tenure as a junior scholar at Harvard University, Simon Johnson was also affiliated with which specific research center?

Answer: Russian Research Center

Explanation: While at Harvard University as a junior scholar, Simon Johnson was affiliated with its Russian Research Center.

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Key Professional Engagements

Simon Johnson served as the Chief Economist of the International Monetary Fund (IMF) for over five years.

Answer: False

Explanation: Simon Johnson served as the Chief Economist of the IMF from March 2007 to August 2008, a period of approximately 17 months, not over five years.

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Raghuram Rajan succeeded Simon Johnson as the Chief Economist of the IMF.

Answer: False

Explanation: Olivier Blanchard succeeded Simon Johnson as the Chief Economist of the IMF. Raghuram Rajan preceded Johnson in that role.

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Simon Johnson has served on the board of directors for Fannie Mae since 2021.

Answer: True

Explanation: Simon Johnson commenced his service on the board of directors for Fannie Mae in 2021.

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Simon Johnson is a co-director of MIT's "Shaping the Future of Work" Initiative.

Answer: True

Explanation: Simon Johnson serves as a co-director for MIT's "Shaping the Future of Work" Initiative.

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Simon Johnson volunteered on the transition team for Donald Trump's presidency in 2020.

Answer: False

Explanation: Simon Johnson volunteered as part of the Agency Review Team for the United States Department of the Treasury and the Federal Reserve during the presidential transition of Joe Biden in November 2020, not Donald Trump's.

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What was Simon Johnson's principal position at the International Monetary Fund (IMF)?

Answer: Chief Economist

Explanation: Simon Johnson served as the Chief Economist of the International Monetary Fund (IMF) from March 2007 to August 2008.

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Who succeeded Simon Johnson as Chief Economist at the IMF, and who preceded him in that role?

Answer: Olivier Blanchard succeeded Johnson; Raghuram Rajan preceded him.

Explanation: Olivier Blanchard succeeded Simon Johnson as Chief Economist of the IMF, while Raghuram Rajan held the position immediately prior to Johnson.

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In which year did Simon Johnson commence his service on the board of directors for Fannie Mae?

Answer: 2021

Explanation: Simon Johnson began serving on the board of directors for Fannie Mae in 2021.

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What specific role does Simon Johnson fulfill within MIT's "Shaping the Future of Work" Initiative?

Answer: Co-director

Explanation: Simon Johnson serves as a co-director for MIT's "Shaping the Future of Work" Initiative.

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During the Joe Biden presidential transition in November 2020, Simon Johnson volunteered as a member of which specific team?

Answer: Agency Review Team for Treasury and the Federal Reserve

Explanation: Simon Johnson volunteered as a member of the Agency Review Team for the United States Department of the Treasury and the Federal Reserve during the 2020 presidential transition.

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Simon Johnson co-founded the Systemic Risk Council, an initiative affiliated with which professional organization?

Answer: The CFA Institute

Explanation: Simon Johnson co-founded the Systemic Risk Council, an initiative associated with the CFA Institute.

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What advisory role does Simon Johnson hold concerning the Congressional Budget Office (CBO)?

Answer: Member of the Panel of Economic Advisers

Explanation: Simon Johnson serves as a member of the Panel of Economic Advisers for the Congressional Budget Office (CBO).

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Scholarly Contributions and Publications

Simon Johnson's primary fields of expertise are international finance and monetary policy.

Answer: False

Explanation: Simon Johnson's principal fields of academic expertise are political economy and development economics, rather than international finance and monetary policy.

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Simon Johnson's 2023 book, "Power and Progress," argues that technological advancements always lead to widespread societal benefits.

Answer: False

Explanation: The book "Power and Progress" contends that technological advancements do not automatically result in widespread societal benefits; rather, their advantages are often concentrated among a select elite.

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The book "Power and Progress" views artificial intelligence (AI) as a technology that will unequivocally improve employment and wages.

Answer: False

Explanation: Contrary to improving employment and wages unequivocally, "Power and Progress" offers a critical perspective on artificial intelligence (AI), highlighting its potential detrimental effects on employment, wages, and democratic systems.

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"Power and Progress" suggests the Industrial Revolution as the ideal historical period for utilizing technology for societal good.

Answer: False

Explanation: The book "Power and Progress" does not cite the Industrial Revolution as an ideal model. Instead, it identifies the Progressive Era as a historical period offering insights into effectively harnessing technology for societal benefit.

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Policy recommendations in "Power and Progress" include dismantling large technology firms and reforming tax structures.

Answer: True

Explanation: The book "Power and Progress" advocates for several policy interventions, including the dismantling of large technology firms and the reform of tax structures, among other measures.

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The book "13 Bankers" was co-authored by Simon Johnson and Daron Acemoglu.

Answer: False

Explanation: The book "13 Bankers: The Wall Street Takeover and the Next Financial Meltdown" was co-authored by Simon Johnson and James Kwak, not Daron Acemoglu.

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Simon Johnson's 2013 book focused on the topic of breakthrough science and economic growth.

Answer: False

Explanation: Simon Johnson's 2013 book, "White House Burning: Our National Debt and Why It Matters to You," addresses the U.S. national debt, rather than breakthrough science and economic growth.

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The 'Authority control' section provides links to resources that help uniquely identify Simon Johnson and his scholarly contributions, including references to platforms like IDEAS/RePEc where his research is cataloged.

Answer: True

Explanation: The 'Authority control' section serves to provide standardized identifiers and links to platforms such as IDEAS/RePEc, facilitating the cataloging and discovery of Simon Johnson's published research.

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According to the analysis presented in "Power and Progress," what is the typical societal outcome of technological advancements?

Answer: Their benefits are often concentrated among a small elite.

Explanation: "Power and Progress" argues that the benefits derived from technological advancements are frequently concentrated among a small elite, rather than being universally distributed.

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How does the book "Power and Progress" characterize the potential societal and economic impact of artificial intelligence (AI)?

Answer: As potentially detrimental to employment, wages, and democratic systems.

Explanation: The book "Power and Progress" presents a critical view of artificial intelligence (AI), suggesting it may have detrimental consequences for employment, wages, and democratic systems.

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Which historical epoch does "Power and Progress" identify as a constructive model for the societal application of technological advancements?

Answer: The Progressive Era

Explanation: "Power and Progress" highlights the Progressive Era as a historical period that offers valuable lessons on effectively harnessing new technologies for the broader benefit of society.

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Which book, co-authored by Simon Johnson and James Kwak, critically examines the Wall Street takeover and potential financial meltdowns?

Answer: 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown

Explanation: The book "13 Bankers: The Wall Street Takeover and the Next Financial Meltdown," co-authored by Simon Johnson and James Kwak, critically examines the consolidation of power on Wall Street and the risks of financial crises.

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What is the central theme addressed in Simon Johnson's 2013 book?

Answer: The U.S. national debt and its significance

Explanation: Simon Johnson's 2013 book, "White House Burning: Our National Debt and Why It Matters to You," focuses on the U.S. national debt and its implications.

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The 'See also' section lists related topics such as 'Colonial Origins of Comparative Development,' suggesting a connection to which broad area of Simon Johnson's scholarly inquiry?

Answer: His research on the factors influencing national prosperity and development.

Explanation: The inclusion of topics like 'Colonial Origins of Comparative Development' in the 'See also' section indicates a connection to Simon Johnson's broader research interests in the factors that influence national prosperity and development.

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Awards and Recognition

In 2024, Simon Johnson was awarded the Nobel Memorial Prize in Economic Sciences for his work on inflation.

Answer: False

Explanation: Simon Johnson was awarded the Nobel Memorial Prize in Economic Sciences in 2024 for his comparative studies investigating the factors contributing to prosperity between nations, not specifically for work on inflation.

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The image caption 'Johnson, second from left, with friends and family at 2024 Nobel Week' indicates a photograph taken during the 2023 Nobel Prize ceremony.

Answer: False

Explanation: The caption explicitly refers to '2024 Nobel Week,' indicating the photograph was taken during the 2024 Nobel Prize festivities, not 2023.

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Simon Johnson is scheduled to receive a Carnegie Corporation of New York Great Immigrant Award in 2025.

Answer: True

Explanation: Simon Johnson is recognized with a Carnegie Corporation of New York Great Immigrant Award, scheduled for 2025.

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What prestigious international accolade was conferred upon Simon Johnson in 2024?

Answer: The Nobel Memorial Prize in Economic Sciences

Explanation: In 2024, Simon Johnson was awarded the Nobel Memorial Prize in Economic Sciences.

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For what specific research contributions did Simon Johnson, Daron Acemoglu, and James A. Robinson jointly receive the 2024 Nobel Memorial Prize in Economic Sciences?

Answer: Comparative studies investigating the factors contributing to prosperity between nations.

Explanation: The Nobel Memorial Prize in Economic Sciences was awarded to Simon Johnson, Daron Acemoglu, and James A. Robinson for their comparative studies that investigate the factors contributing to prosperity between nations.

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The accompanying image caption, 'Johnson, second from left, with friends and family at 2024 Nobel Week,' implies the photograph was taken during which significant event?

Answer: The Nobel Prize festivities in Stockholm.

Explanation: The caption explicitly mentions '2024 Nobel Week,' indicating that the photograph was taken during the Nobel Prize festivities in Stockholm.

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What distinguished award is Simon Johnson scheduled to receive in 2025?

Answer: Carnegie Corporation of New York Great Immigrant Award

Explanation: Simon Johnson is slated to receive the Carnegie Corporation of New York Great Immigrant Award in 2025.

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Collaborations and Public Influence

Rudiger Dornbusch served as Simon Johnson's doctoral advisor during his studies at the Massachusetts Institute of Technology (MIT).

Answer: True

Explanation: Rudiger Dornbusch was Simon Johnson's doctoral advisor during his PhD studies at MIT.

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The economics blog co-founded by Simon Johnson is titled "The Baseline Scenario."

Answer: True

Explanation: Simon Johnson is a co-founder of the economics blog known as "The Baseline Scenario."

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Simon Johnson has been a regular columnist for Project Syndicate since 2010.

Answer: True

Explanation: Simon Johnson has contributed as a regular monthly columnist for Project Syndicate since 2010.

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Jonathan Gruber collaborated with Simon Johnson on the book "Power and Progress."

Answer: False

Explanation: Jonathan Gruber collaborated with Simon Johnson on the 2019 book "Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream." The book "Power and Progress" was co-authored with Daron Acemoglu.

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Simon Johnson contributes his expertise as a member of the editorial board for four academic economics journals.

Answer: True

Explanation: Simon Johnson serves on the editorial boards of four distinct academic economics journals.

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Who served as Simon Johnson's doctoral advisor during his studies at MIT?

Answer: Rudiger Dornbusch

Explanation: Rudiger Dornbusch served as Simon Johnson's doctoral advisor during his PhD studies at the Massachusetts Institute of Technology (MIT).

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What is the designated title of the economics blog co-founded by Simon Johnson?

Answer: The Baseline Scenario

Explanation: The economics blog co-founded by Simon Johnson is titled "The Baseline Scenario."

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With what frequency does Simon Johnson contribute as a columnist to Project Syndicate?

Answer: Monthly

Explanation: Simon Johnson contributes as a regular monthly columnist to Project Syndicate.

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Who collaborated with Simon Johnson on the 2019 book "Jump-Starting America"?

Answer: Jonathan Gruber

Explanation: Jonathan Gruber collaborated with Simon Johnson on the 2019 book "Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream."

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