As chairman of the Harvard economics department, I am delighted to announce the merger of the Harvard and MIT economics departments. After consulting with the department chairs, the Presidents of Harvard and MIT have concluded that the synergies were too great for the departments to operate separately, only two miles apart, as we have for many years. As a result, a new building is to be built at 950 Mass Ave, between the schools and near the NBER, that will house both departments as a new single entity. The faculty will teach courses open to undergraduates at both schools. The PhD programs will be completely merged to create a single, unified program. This development is considered a pilot project, which, if successful, could lead to a complete merger of Harvard and MIT in the future.
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