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AI

How AI Can Unlock Hybrid Creativity in the Workplace

May 6, 2025 • 7 min read
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Management

Are DoorDash and Other Delivery Apps Hurting Restaurants?

May 6, 2025 • 5 min read
Headshot of Nancy Rothbard in front of Ripple Effect podcast logo for her episode on wellness at work
Management

Workplace Boundaries and Social Media | Nancy Rothbard

May 6, 2025 • 13 min listen
Professor Nancy Rothbard explains how social media affects our work relationships.
A human and a robot face each other with binary code in the background, connected by colorful lines, symbolizing human-AI interaction.
AI

Five Ways Gen AI Is Changing Workplace Identity

May 5, 2025 • 4 min read
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Markets & The Economy

Why Fed Independence Is Critical

April 29, 2025 • 6 min read

Featured Videos

Wharton Professor of Legal Studies & Business Ethics and Management G. Richard Shell discusses negotiation strategies in the context of U.S. tariffs. Shell explains how President Trump's negotiation tactics rely heavily on leverage, cost imposition, and perception management rather than traditional relationship-based methods. The conversation highlights the contrast between transactional and collaborative negotiation styles in business and politics. #Tariffs #Negotiation #TradePolicy #TradeWar ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 8:02

Wharton Professor of Legal Studies & Business Ethics and Management G. Richard Shell discusses negotiation strategies in the context of U.S. tariffs. Shell explains how President Trump's negotiation tactics rely heavily on leverage, cost imposition, and perception management rather than traditional relationship-based methods. The conversation highlights the contrast between transactional and collaborative negotiation styles in business and politics.

#Tariffs #Negotiation #TradePolicy #TradeWar
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLlJHa2J0UVFXQjNr

Tariffs, Litigation, and the Art of Negotiation

May 9, 2025 12:00 pm

The Wharton School Professor Itay Goldstein about the economic uncertainty stemming from recent U.S. tariff policies and potential threats to the Federal Reserve's independence. Goldstein explains how policy shifts—like fluctuating tariffs and discussions around replacing Fed Chair Jerome Powell—are impacting market volatility, investor anxiety, and financial stability. He outlines the importance of central bank independence and how both stock and bond markets are reacting. They also discuss possible best-case scenarios for future economic stability and growth. #FederalReserve #EconomicPolicy #Tariffs #USEconomy #StockMarket #CentralBank #Fed ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 8:16

The Wharton School Professor Itay Goldstein about the economic uncertainty stemming from recent U.S. tariff policies and potential threats to the Federal Reserve's independence. Goldstein explains how policy shifts—like fluctuating tariffs and discussions around replacing Fed Chair Jerome Powell—are impacting market volatility, investor anxiety, and financial stability. He outlines the importance of central bank independence and how both stock and bond markets are reacting. They also discuss possible best-case scenarios for future economic stability and growth.

#FederalReserve #EconomicPolicy #Tariffs #USEconomy #StockMarket #CentralBank #Fed
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLnc3LWtzQWZZVm5n

How Tariffs and Fed Policy Are Impacting the Stock Market

May 9, 2025 9:01 am

Howard Butcher III Professor of Finance Joao Gomes breaks down the Trump administration's tariff strategy, discussing economic theory, trade deficits, and the global impact of aggressive trade policies. The conversation explores the strategic use of uncertainty, corporate response, and the long-term outlook for tariffs in U.S. policy. #Tariffs #TradePolicy #GlobalEconomy #TradeWar ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 9:00

Howard Butcher III Professor of Finance Joao Gomes breaks down the Trump administration's tariff strategy, discussing economic theory, trade deficits, and the global impact of aggressive trade policies. The conversation explores the strategic use of uncertainty, corporate response, and the long-term outlook for tariffs in U.S. policy. Keywords: tariffs, Trump trade policy, trade deficit, economic uncertainty, U.S. economy, global trade, Wharton School.

#Tariffs #TradePolicy #GlobalEconomy #TradeWar
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLkVFUWdhRU5mS3lJ

Are Tariffs Here to Stay? Wharton Professor Breaks Down U.S. Trade Policy

May 7, 2025 5:57 pm

Deputy Dean at the Wharton School Nancy Rothbard explains the differences in the way that bosses' online disclosure on social platform are received by their subordinates based on the managers' gender in this clip from an episode of the Ripple Effect podcast. EPISODE OVERVIEW Wharton’s Nancy Rothbard explores how social media impacts workplace culture, from self-disclosure to remote work dynamics. Learn how cute dog photos, personal stories, and online connections help build stronger professional bonds—and how gender, hierarchy, and workplace boundaries play a role. PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney. Learn more at http://whr.tn/rippleeffect. #WorkCulture #Coworkers #WorkplaceCulture #socialmedia ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 0:53

Deputy Dean at the Wharton School Nancy Rothbard explains the differences in the way that bosses' online disclosure on social platform are received by their subordinates based on the managers' gender in this clip from an episode of the Ripple Effect podcast.

EPISODE OVERVIEW
Wharton’s Nancy Rothbard explores how social media impacts workplace culture, from self-disclosure to remote work dynamics. Learn how cute dog photos, personal stories, and online connections help build stronger professional bonds—and how gender, hierarchy, and workplace boundaries play a role.

PODCAST OVERVIEW
Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Learn more at http://whr.tn/rippleeffect.

#WorkCulture #Coworkers #WorkplaceCulture #socialmedia
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLld0cXlESDZ3OU1z

Women bosses who disclose more on social media are received better than male bosses who do the same.

May 6, 2025 3:23 pm

EPISODE OVERVIEW Wharton’s Nancy Rothbard explores how social media impacts workplace culture, from self-disclosure to remote work dynamics. Learn how cute dog photos, personal stories, and online connections help build stronger professional bonds—and how gender, hierarchy, and workplace boundaries play a role. PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney. Learn more at http://whr.tn/rippleeffect. #WorkCulture #coworkers #WorkplaceCulture #employeemanagement #worklifebalance ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 13:01

EPISODE OVERVIEW
Wharton’s Nancy Rothbard explores how social media impacts workplace culture, from self-disclosure to remote work dynamics. Learn how cute dog photos, personal stories, and online connections help build stronger professional bonds—and how gender, hierarchy, and workplace boundaries play a role.

PODCAST OVERVIEW
Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Learn more at http://whr.tn/rippleeffect.

#WorkCulture #Coworkers #WorkplaceCulture
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLmFlcVh1ZW9IakNz

Social Media’s Impact on Workplace Culture

May 6, 2025 9:00 am

Companies conduct collective layoffs for many reasons—but how do consumers react when the reason is offshoring versus automation? Wharton School Professor Stefano Puntoni explores new research showing that people respond more negatively when jobs are moved overseas. Using social media data and randomized experiments, the study highlights the role of social contracts, public sentiment, and labor expectations in shaping firm reputation. #Layoffs #Offshoring #ConsumerBehavior #BusinessEthics #JobCuts ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 10:22

Companies conduct collective layoffs for many reasons—but how do consumers react when the reason is offshoring versus automation? Wharton School Professor Stefano Puntoni explores new research showing that people respond more negatively when jobs are moved overseas. Using social media data and randomized experiments, the study highlights the role of social contracts, public sentiment, and labor expectations in shaping firm reputation.

#Layoffs #Offshoring #ConsumerBehavior #BusinessEthics #JobCuts
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLkw1WDd2cXc2N0V3

Offshoring, Automation, and Job Cuts

May 5, 2025 9:00 am

The Wharton School Professor Stewart Friedman discusses how to think about the transition to retirement and centering your values in the process. EPISODE OVERVIEW In this interview, Stew Friedman discusses how to maintain work-life harmony after retirement and how shifting personal values and skills influence life transitions. He examines strategies for integrating work, family, community, and personal well-being during retirement, highlighting the importance of sustaining purpose and connection beyond full-time employment. The discussion also covers how external factors like technology, economic change, and evolving career identities impact retirement planning and post-retirement engagement. PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney. Learn more at http://whr.tn/rippleeffect. ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 0:48

The Wharton School Professor Stewart Friedman discusses how to think about the transition to retirement and centering your values in the process.

EPISODE OVERVIEW
In this interview, Stew Friedman discusses how to maintain work-life harmony after retirement and how shifting personal values and skills influence life transitions. He examines strategies for integrating work, family, community, and personal well-being during retirement, highlighting the importance of sustaining purpose and connection beyond full-time employment. The discussion also covers how external factors like technology, economic change, and evolving career identities impact retirement planning and post-retirement engagement.

PODCAST OVERVIEW
Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Learn more at http://whr.tn/rippleeffect.


-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLmNiM1ZIc2tzUmtz

To navigate the life changes of retirement, lead your decisions with your values.

April 29, 2025 1:41 pm

EPISODE OVERVIEW In this interview, Stew Friedman discusses how to maintain work-life harmony after retirement and how shifting personal values and skills influence life transitions. He examines strategies for integrating work, family, community, and personal well-being during retirement, highlighting the importance of sustaining purpose and connection beyond full-time employment. The discussion also covers how external factors like technology, economic change, and evolving career identities impact retirement planning and post-retirement engagement. PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney. Learn more at http://whr.tn/rippleeffect. #retirement #retirementplanning #retirementgoals #retirementstrategy ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 15:38

EPISODE OVERVIEW
In this interview, Stew Friedman discusses how to maintain work-life harmony after retirement and how shifting personal values and skills influence life transitions. He examines strategies for integrating work, family, community, and personal well-being during retirement, highlighting the importance of sustaining purpose and connection beyond full-time employment. The discussion also covers how external factors like technology, economic change, and evolving career identities impact retirement planning and post-retirement engagement.

PODCAST OVERVIEW
Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Learn more at http://whr.tn/rippleeffect.

#retirement #retirementplanning #retirementgoals #retirementstrategy

-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLm0xWUFxNHFjNUxv

Redefining Retirement: Building a Meaningful Life Beyond Your Career

April 29, 2025 1:40 pm

The Wharton School Professor Sylvain Catherine explains how Social Security tax cuts would affect future generations' finances. PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney. Learn more at http://whr.tn/rippleeffect. ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 1:15

The Wharton School Professor Sylvain Catherine explains how Social Security tax cuts would affect future generations' finances.

PODCAST OVERVIEW
Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Learn more at http://whr.tn/rippleeffect.
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLkpfdU0wUDV2U3FJ

Who Will Pay for the Lost Revenue if Social Security Taxes Are Cut?

April 28, 2025 10:15 pm

Wharton Professor Peter Conti-Brown discusses the critical importance of maintaining the Federal Reserve's independence amid growing political pressure, particularly from former President Trump. Drawing from his upcoming book Private Finance Public Power, Conti-Brown highlights how political attacks risk damaging the Fed’s ability to manage dynamic economic challenges. #FederalReserve #JeromePowell #Fed #InterestRates #MonetaryPolicy #EconomicPolicy ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 8:47

Wharton Professor Peter Conti-Brown discusses the critical importance of maintaining the Federal Reserve's independence amid growing political pressure, particularly from former President Trump. Drawing from his upcoming book Private Finance Public Power, Conti-Brown highlights how political attacks risk damaging the Fed’s ability to manage dynamic economic challenges.

#FederalReserve #JeromePowell #Fed #InterestRates #MonetaryPolicy #EconomicPolicy
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLlJsQWE1dWNPbWRB

Why Undermining the Federal Reserve's Indepedence Could Hurt the Economy

April 28, 2025 3:13 pm

EPISODE OVERVIEW Wharton's Sylvain Catherine joins the Ripple Effect podcast to discuss how Social Security reshapes the picture of wealth inequality in America. He explains the coming 2033–2035 Trust Fund depletion, future reform options like tax increases, benefit cuts, or retirement age changes, and how these decisions could impact future generations. PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney. Learn more at http://whr.tn/rippleeffect. #SocialSecurity #socialsecuritybenefits #WealthInequality #retirementpolicy #retirementsavings ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 14:56

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The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLlk4VV9OWE9VdlFZ

How Social Security Impacts Wealth Inequality

April 24, 2025 9:40 am

Wharton professor Lori Rosenkopf explores modern entrepreneurship in Unstoppable Entrepreneurs: Seven Paths for Unleashing Successful Startups and Creating Value Through Innovation. The book highlights diverse entrepreneurial journeys, emphasizing resilience, innovation, and value creation beyond traditional venture-backed success stories. With insights on social entrepreneurship, intrapreneurship, and AI's rising impact, Rosenkopf redefines how success is built in today’s economy. #StartupSuccess #EntrepreneurMindset #entrepreneurjourney #entrepreneurmotivation #SocialEntrepreneurship ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 15:14

Wharton professor Lori Rosenkopf explores modern entrepreneurship in Unstoppable Entrepreneurs: Seven Paths for Unleashing Successful Startups and Creating Value Through Innovation. The book highlights diverse entrepreneurial journeys, emphasizing resilience, innovation, and value creation beyond traditional venture-backed success stories. With insights on social entrepreneurship, intrapreneurship, and AI's rising impact, Rosenkopf redefines how success is built in today’s economy.

#StartupSuccess #EntrepreneurMindset #InnovationInAction #SocialEntrepreneurship
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The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLjlibF9BeVE5WnpZ

The Truth About Startup Failure – and How to Bounce Back

April 22, 2025 12:00 pm

Wharton Professor Sylvain Catherine explores how including Social Security in wealth measurements changes our understanding of wealth inequality in the U.S. For many Americans, Social Security represents the largest source of retirement income—yet it's often excluded from wealth statistics. EPISODE OVERVIEW Wharton finance professor Sylvain Catherine joins The Ripple Effect podcast to discuss the future of Social Security and its impact on wealth inequality in the U.S. He explains why including Social Security benefits in wealth calculations significantly changes our understanding of inequality. The episode also explores the looming trust fund shortfall and potential policy responses. PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney. Learn more at http://whr.tn/rippleeffect. #SocialSecurity #WealthInequality #WealthGap #WealthDisparity ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 3:05

EPISODE OVERVIEW
Wharton finance professor Sylvain Catherine joins The Ripple Effect podcast to discuss the future of Social Security and its impact on wealth inequality in the U.S. He explains why including Social Security benefits in wealth calculations significantly changes our understanding of inequality. The episode also explores the looming trust fund shortfall and potential policy responses.

PODCAST OVERVIEW
Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Learn more at http://whr.tn/rippleeffect.

#SocialSecurity #taxes #RetirementPlanning #EconomicPolicy #taxpolicy
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The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLkU3XzdNWU95QlUw

How Does Social Security Relate to Wealth Inequality?

April 22, 2025 9:00 am

This Earth Day 2025, ESG (Environmental, Social, and Governance) issues are under renewed scrutiny amid a shifting political climate and evolving economic landscape. Wharton School Vice Dean Vit Hennish joins to break down the current state of ESG, discussing key topics like ESG investing, greenwashing, and climate risk management. With billion-dollar climate losses on the rise, this conversation explores the long-term financial implications and strategic importance of ESG for business leaders, investors, and policymakers. #ESG #Greenwashing #SustainableInvesting #CorporateResponsibility ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 9:31

This Earth Day 2025, ESG (Environmental, Social, and Governance) issues are under renewed scrutiny amid a shifting political climate and evolving economic landscape. Wharton School Vice Dean Vit Hennish joins to break down the current state of ESG, discussing key topics like ESG investing, greenwashing, and climate risk management. With billion-dollar climate losses on the rise, this conversation explores the long-term financial implications and strategic importance of ESG for business leaders, investors, and policymakers.

#ESG #Greenwashing #SustainableInvesting #CorporateResponsibility
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLkxzOUlfUV8xOHBR

What’s Next for ESG this Earth Day? Climate, Policy & Profit in 2025

April 21, 2025 10:35 pm

The Wharton School Professor David Zaring explains how banking regulation could shift under a Trump or Biden administration, including key differences in approach to Basel III and the CFPB. He explores how reputational risk and regulatory oversight may evolve for U.S. banks. Insights include potential changes for mid-sized banks and global capital standards. #FinancialRegulation #CryptoRegulation #EconomicPolicy ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 9:15

The Wharton School Professor David Zaring explains how banking regulation could shift under a Trump or Biden administration, including key differences in approach to Basel III and the CFPB. He explores how reputational risk and regulatory oversight may evolve for U.S. banks. Insights include potential changes for mid-sized banks and global capital standards.

#FinancialRegulation #CryptoRegulation #EconomicPolicy
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLmdCOWlwclZZQlBN

Basel III, CFPB, and the Future of U.S. Financial Regulation

April 20, 2025 3:53 pm

Former Cleveland Fed President Loretta Mester discusses the current economic outlook, highlighting business sentiment, inflation, and recession risks. She examines how uncertainty and tariffs are affecting decision-making and forecasts potential Fed rate cut scenarios. Mester also explains the Federal Reserve’s delicate balancing act between price stability and maximum employment. ABOUT THE PODCAST The Wharton Business Daily podcast features interviews with top business leaders, innovators, and renowned Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School. Subscribe on Apple Podcasts: https://whr.tn/3EdpB5X Subscribe on Spotify: https://whr.tn/4ihHaiT Watch/listen on the Knowledge at Wharton website: http://whr.tn/businessdaily #FederalReserve #Inflation #InterestRates #MonetaryPolicy #recession ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 10:41

Former Cleveland Fed President Loretta Mester discusses the current economic outlook, highlighting business sentiment, inflation, and recession risks. She examines how uncertainty and tariffs are affecting decision-making and forecasts potential Fed rate cut scenarios. Mester also explains the Federal Reserve’s delicate balancing act between price stability and maximum employment.

ABOUT THE PODCAST
The Wharton Business Daily podcast features interviews with top business leaders, innovators, and renowned Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School.

Subscribe on Apple Podcasts: https://whr.tn/3EdpB5X
Subscribe on Spotify: https://whr.tn/4ihHaiT
Watch/listen on the Knowledge at Wharton website: http://whr.tn/businessdaily

#FederalReserve #Inflation #InterestRates #MonetaryPolicy
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLklBdXpNS1Q2eWVJ

Is a Recession Coming? Insights from Former Fed President Loretta Mester

April 19, 2025 11:43 am

Wharton School Professor Senthil Veeraraghavan analyzes the impact of U.S. tariffs, global trade tensions, and supply chain disruptions on industries like automotive, electronics, and consumer goods. He explains how current economic policy changes differ from past crises like COVID-19 and why companies are rapidly adjusting operations in response to rising manufacturing costs and shipping delays. This conversation offers expert insight into the evolving landscape of international trade, tariff wars, and the potential for a long-term economic reset. ABOUT THE PODCAST The Wharton Business Daily podcast features interviews with top business leaders, innovators, and renowned Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School. Subscribe on Apple Podcasts: https://whr.tn/3EdpB5X Subscribe on Spotify: https://whr.tn/4ihHaiT Watch/listen on the Knowledge at Wharton website: http://whr.tn/businessdaily #SupplyChainCrisis #GlobalTrade #TradeTensions #uschinatradewar ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 8:50

Wharton School Professor Senthil Veeraraghavan analyzes the impact of U.S. tariffs, global trade tensions, and supply chain disruptions on industries like automotive, electronics, and consumer goods. He explains how current economic policy changes differ from past crises like COVID-19 and why companies are rapidly adjusting operations in response to rising manufacturing costs and shipping delays. This conversation offers expert insight into the evolving landscape of international trade, tariff wars, and the potential for a long-term economic reset.

ABOUT THE PODCAST
The Wharton Business Daily podcast features interviews with top business leaders, innovators, and renowned Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School.

Subscribe on Apple Podcasts: https://whr.tn/3EdpB5X
Subscribe on Spotify: https://whr.tn/4ihHaiT
Watch/listen on the Knowledge at Wharton website: http://whr.tn/businessdaily

#SupplyChainCrisis #GlobalTrade #TradeTensions #uschinatradewar
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLjB4emNnNUprMGNR

Tariffs and Supply Chain Crisis Explained | Global Trade Impact 2025

April 18, 2025 12:54 pm

The White House's plan to implement higher tariffs aims to generate revenue for the U.S. economy, but it could have adverse effects on GDP and wages. Kent Smetters, the faculty director of the Penn Wharton Budget Model, highlights the overlooked impact of tariffs on capital flows, which could make it harder for the U.S. government to manage its growing federal debt. Over time, the tariffs could reduce GDP by as much as 7.5% by 2054 and decrease wages by over 6%, significantly affecting investment and long-term economic growth. This interview was recorded on April 11th, 2025. ABOUT THE PODCAST The Wharton Business Daily podcast features interviews with top business leaders, innovators, and renowned Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School. Subscribe on Apple Podcasts: https://whr.tn/3EdpB5X Subscribe on Spotify: https://whr.tn/4ihHaiT Watch/listen on the Knowledge at Wharton website: http://whr.tn/businessdaily #tariffs #tariffsimpact #useconomy #tradedeficit #economicpolicy ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 9:07

The White House's plan to implement higher tariffs aims to generate revenue for the U.S. economy, but it could have adverse effects on GDP and wages. Kent, the faculty director of the Penn Wharton Budget Model, highlights the overlooked impact of tariffs on capital flows, which could make it harder for the U.S. government to manage its growing federal debt. Over time, the tariffs could reduce GDP by as much as 7.5% by 2054 and decrease wages by over 6%, significantly affecting investment and long-term economic growth. This interview was recorded on April 11th, 2025.

#tariffs #useconomy #tradedeficit #economicpolicy
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLlJNR09OMm5nRUow

Analyzing Tariffs' Economic Effects – Penn Wharton Budget Model

April 17, 2025 11:26 am

Given the high level of government debt, Penn Wharton Budget Model Faculty Director Kent Smetters explains their proposal developed to increase retirement savings account balances for low-income Americans, without raising the federal debt. This proposal can also help address retirement fund gaps for when the Social Security fund runs out. #retirementsavings #retirementpolicy #publicpolicy #incomeinequality ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 1:39

Given the high level of government debt, Penn Wharton Budget Model Faculty Director Kent Smetters explains their proposal developed to increase retirement savings account balances for low-income Americans, without raising the federal debt. This proposal can also help address retirement fund gaps for when the Social Security fund runs out.

#retirementsavings #retirementpolicy #publicpolicy #incomeinequality
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLm1FS0NmNzVLbkdF

The Penn Wharton Budget Model offers a proposal to boost retirement savings for low-income Americans

April 16, 2025 3:28 pm

EPISODE OVERVIEW Wharton Professor and Penn Wharton Budget Model Faculty Director Kent Smetters discusses how automated retirement savings accounts could help low-income households build up to $200,000 in risk-adjusted savings, supplementing Social Security and promoting intergenerational wealth. He highlights the importance of making these accounts fully bequeathable and revenue-neutral by redirecting existing tax subsidies. This conversation explores solutions for closing the retirement savings gap and building financial security for underserved communities. PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney. Learn more at http://whr.tn/rippleeffect. #retirement #publicpolicy #economicpolicy #taxpolicy #financialinclusion ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal. Launched in 1999, Knowledge at Wharton offers free access to: - Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU 13:23

EPISODE OVERVIEW
Wharton Professor and Penn Wharton Budget Model Faculty Director Kent Smetters discusses how automated retirement savings accounts could help low-income households build up to $200,000 in risk-adjusted savings, supplementing Social Security and promoting intergenerational wealth. He highlights the importance of making these accounts fully bequeathable and revenue-neutral by redirecting existing tax subsidies. This conversation explores solutions for closing the retirement savings gap and building financial security for underserved communities.

PODCAST OVERVIEW
Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Learn more at http://whr.tn/rippleeffect.

#retirement #publicpolicy #economicpolicy #taxpolicy #financialinclusion
-----
The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

Launched in 1999, Knowledge at Wharton offers free access to:

- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends
- Interviews with book authors from Wharton School Press
- In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders
- A searchable database of more than 10,000 articles covering all aspects of business
- A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox

Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE
Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU

YouTube Video VVVJZjZ0M2dwS3JfRDQ2eHVXbGo5VUFRLkZneXY5eDJKeG1J

Can We Fix Retirement Inequality?

April 15, 2025 9:48 am

Wharton Faculty in the News

A quote card featuring a quote by Benjamin Keys, Professor of Real Estate, discussing the impact of climate change on the insurance market. It includes his headshot and a Newsweek logo.
Quote from Witold Henisz on ESG and climate transition. Includes "Marketplace" logo and text: "Wharton Faculty in the News." Image of Henisz at the bottom right.
Quote from Eric Orts, Professor of Legal Studies & Business Ethics, in The New York Times about California''s climate disclosure laws. Features a headshot and text on Wharton Faculty in the News.
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Graphic featuring a quote from Sonny Tambe, an Associate Professor, in Yahoo Finance on AI''s impact on careers, with a headshot.
Graphic highlighting a Harvard Business Review article on turnover costs, featuring a quote by Peter Cappelli and a circular headshot photo.

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