From the report of the President of the university, Raj Chetty and Matt Gentzkow will be starting at the school this fall.
And John Cochrane is moving to Hoover full-time.
In the late 1970s and 80s, MIT was undoubtedly number one as a place to study economics, even if Chicago ideas were more important and more fundamental (Becker, Fama, Posner, etc.). Harvard passed MIT a bit later for a good twenty year run at the top.
Stanford is next.