Economics

100 years of insulin

On July 27, 1921, Canadian doctors Frederick Banting and Charles Best successfully isolated the hormone insulin, one of the most important breakthroughs in treating diabetes. Experts from around the University share their thoughts on the medical triumph on the 100th anniversary.

Kristen de Groot



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In the News


Bloomberg

Biden tackles supply-chain crisis with few tools, clock ticking

Steve Viscelli of the School of Arts & Sciences said the U.S. supply chain is built on unpaid labor by port truckers waiting to pick up cargo from shipping containers. “The port truck driver, for decades now, has basically been the slack adjuster in the whole system,” he said.

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Wired.com

Earth’s unicorn population is exploding

David Hsu of the Wharton School comments on how huge returns for investors have amplified the venture capital cycle.

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Bloomberg

Can China’s prosperity promise fix real problems?

Hanming Fang of the School of Arts & Sciences spoke about China’s pension system, saying that because the plans are managed by local governments, the system is vulnerable to regional wage disparities.

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Boston Globe

Here’s how to fix the Fed’s ‘culture of corruption’

Daniel Taylor of the Wharton School weighed in on stock trades made by Robert Kaplan, head of the Dallas Federal Reserve. “I think it is shameful that a professor, and former senior associate dean of HBS, who has written on government accountability and leadership, viewed it as acceptable to engage in these trades simply because he could, rather than consider whether he should,” said Taylor.

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Yahoo! Finance

A timeline of the Federal Reserve's trading scandal

Peter Conti-Brown of the Wharton School said reports of senior officials at the Federal Reserve profiting on trades are a “calamity and a scandal” and that he’d support a ban on Fed officials holding individual stocks. “I think central bankers should never be under a cloud of suspicion that they’re advocating for policies that will enrich them,” Conti-Brown said.

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MarketWatch

Professor who called Dow 20,000 says he’s nervous about trends in inflation that could spark a stock-market correction

Jeremy Siegel of the Wharton School said the recent surge in inflation could compel the Federal Reserve to raise interest rates more quickly than anticipated.

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