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Kilkenomics: A Festival Where the 'Dismal Science' Meets Comedy
Economics is often called the "dismal science." For the past three years, though, an unusual event in Ireland has been trying in its own way to change that impression. Held in the scenic town of Kilkenny, Kilkenomics is an economic festival that brings economists, businesspeople and finance executives together with stand-up comics. The result is a highly irreverent but insightful dialog, according to the festival's co-founders, Richard Cook and David McWilliams. Knowledge@Wharton spoke with the people behind Kilkenomics to see what makes the festival tick.
From: February 27, 2013
Why Long-term Debt Solutions Require a Break from Sequestered Thinking
With the spotlight on U.S. budget cuts, a timely book looks at the unique nature of the country's debt and the options available to avoid hitting the debt ceiling. Is U.S. Government Debt Different? -- a collection of 15 articles published by the Wharton Financial Institutions Center -- is co-edited by Wharton finance professor Franklin Allen, who shares insights from the book with Knowledge@Wharton. (Video with transcript)
From: February 27, 2013
Jeremy Siegel on Why Stocks Are -- and Will Remain -- the Best Bet
Though stock market volatility continues to rattle investors' nerves, the future looks bright for equities in the U.S. and many emerging markets, according to Wharton finance professor Jeremy Siegel. In an interview with Knowledge@Wharton, Siegel says that investors should think about reducing their bond holdings, buying more stocks and keeping just enough cash for a rainy day and other liquidity needs. He also discusses the housing market and offers his take on where the stock market is headed for the rest of 2013. (Video with transcript)
From: February 27, 2013
Pressure Points: Where Tax Reform Can Be Most Effective
The deficit deal that averted the fiscal cliff crisis at the start of the year raised taxes on the wealthiest and postponed -- for two months -- government spending cuts that threatened to derail the economic recovery. But the problem remains: Spending far exceeds revenue. So what's to be done? Five Wharton faculty members offer their views.
From: February 13, 2013
A Bold New Direction for Japan's Economy
Newly elected Prime Minister Shinzo Abe wants to take Japan's economy in a daring new direction to end 20 years of stagnation and deflation. His policies resemble past efforts -- but with far more firepower behind them. That means even looser monetary policies and a sharp rise in government spending to boost demand. Some analysts say it's just the medicine Japan needs and, on the spending side at least, the opposite of what Europe and the U.S. are doing. But Wharton finance professor Franklin Allen, in an interview with Knowledge@Wharton, says the plan carries serious risks and could lead to a big meltdown. (Video with transcript)
From: February 13, 2013
