Business

Katy Milkman on the science of change

The Wharton professor and co-director of the Behavior Change for Good Initiative discusses her new book aimed at helping individuals and managers inspire meaningful, lasting shifts in behavior.

From Wharton Magazine

Why some retailers succeed despite big disruptions

The retail industry was already in the midst of unparalleled disruption—then came COVID-19. Wharton’s Barbara Kahn discusses the growth of “new retail” in China, how Amazon has emerged even stronger from the pandemic, and shifts from “bad” to “good” retail.

From Knowledge at Wharton



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Wired

Silk Road creator Ross Ulbricht is waiting for Trump to keep his word—and set him free

Leeza Garber of the Wharton School says that legal questions can’t be neatly isolated from ethical and political ones.

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NBC News

Trump has promised lower interest rates. That will be largely out of his control

Kent Smetters of the Wharton School says that the Federal Reserve doesn’t have as much control over mortgage rates and longer-term loans as it used to.

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Salon.com

Why planning for retirement is hard, and what to do about it

Research by Olivia Mitchell of the Wharton School and colleagues finds that low-income workers aren’t incentivized to learn about supplements to retirement income like IRAs and 401(k)s, since they tend to rely on and benefit more from fixed-income retirement sources like Social Security payments.

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Politico.com

Fed’s Powell says Trump can’t fire him

Christina Parajon Skinner of the Wharton School says that a presidential removal of the vice chair of the Federal Reserve wouldn’t necessarily be an affront to central bank independence.

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Bloomberg

What a reelected Trump can and can’t do to sway the Fed

Peter Conti-Brown of the Wharton School says that whether a president can remove the Federal Reserve chair is ambiguous because the law doesn’t explicitly provide “for cause” protection for the role.

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Bloomberg Law

JPMorgan opts out of political disclosure designation

The Zicklin Center for Governance and Business Ethics at the Wharton School has developed a new “model code” framework for companies to voluntarily disclose more about their political spending.

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