8.21
Education, Business, & Law
Retail’s big mistake: Why slashing payroll cuts into profits
Retail’s big mistake: Why slashing payroll cuts into profits
Retailers need to recognize that employees are their most valuable asset in an era of online competition, according to Wharton professors Marshall Fisher, Serguei Netessine, and Santiago Gallino.
Why a 70 percent top tax rate will miss its mark
Why a 70 percent top tax rate will miss its mark
Penn Wharton Budget Model’s Richard Prisinzano discusses the idea of raising the top marginal tax rate to as high as 70 percent on income over $10 million.
Wharton scholar talks workplace diversity
Wharton scholar talks workplace diversity
Stephanie Creary of the Department of Management studies diversity, identity, and organizational practices.
The presidential authority of treaty withdrawal
The presidential authority of treaty withdrawal
In a Q&A, Penn Law Professor Jean Galbraith examines the presidential authority to withdraw from and rejoin international agreements.
Why workplace ghosting is on the rise
Why workplace ghosting is on the rise
Wharton’s Peter Cappelli discusses ghosting, or disappearing without an explanation, in the workplace, and what it says about business etiquette and the shifting balance of power between employers and employees.
Supreme Court decision a boon for truck drivers and, potentially, the gig economy
Supreme Court decision a boon for truck drivers and, potentially, the gig economy
Three Penn experts discuss the ruling, which gives transportation workers the ability to sue their employers in class-action lawsuits, sidestepping forced arbitration.
The real estate outlook for 2019: Waiting for millennials?
The real estate outlook for 2019: Waiting for millennials?
Wharton’s Susan Wachter and Benjamin Keys discuss the 2019 outlook for the U.S. real estate market.
Latin America in 2019: Will political upheaval stall growth?
Latin America in 2019: Will political upheaval stall growth?
William Burke-White discusses the economic impact of new leaders in Brazil, Cuba, and Mexico; upcoming elections in Argentina; and Venezuela’s upheaval in the face of Nicolas Maduro’s re-election.
The ACA in 2019: Will it face a reckoning?
The ACA in 2019: Will it face a reckoning?
Wharton’s Mark Pauly, Eric Clemons and Robert Field discuss what lies ahead for the Affordable Care Act in 2019.
The science behind Facebook’s viral #10YearChallenge
The science behind Facebook’s viral #10YearChallenge
Jonah Berger, an associate professor of marketing at The Wharton School, and author of ‘Contagious: Why Things Catch On,’ discusses why people are suddenly eager to talk aging on social media.
In the News
The Washington Post
Hong Kong remains vital economic asset for Beijing, despite unrest
Richard Marston of the Wharton School spoke about Hong Kong’s economic role in the world. “Hong Kong is just a very convenient construct for both China and the rest of the world,” he said. “It’s not in China’s interest nor in the rest of the world’s interest to have Hong Kong’s status changed.”
FULL STORY →
The Takeaway with John Hockenberry
SoulCycle becomes latest brand to reckon with a social media boycott
Americus Reed II of the Wharton School joined a discussion about social-media-based boycotts. “Expressing this sort of moral outrage on Twitter is a very different idea than actually canceling your membership and inconveniencing yourself,” he said.
FULL STORY →
MarketWatch
Goldman: Huawei deadline could further escalate a ‘full-blown economic conflict’ between U.S., China
Christopher Yoo of the Law School said Huawei is considered a threat to U.S. national security because “the Chinese government is widely thought to exercise considerable influence over Huawei.”
FULL STORY →
Vice
Exclusive: Emails show this anti-tobacco crusader’s close relationship with JUUL
Neil Makhija of the Law School commented on the Iowa attorney general’s close relationship to JUUL. “I can't think of a historical precedent for a sitting attorney general advising a private corporation, let alone one under state and federal investigation,” he said.
FULL STORY →
Philadelphia Inquirer
As the Moorestown Mall struggles, residents will pay higher taxes because of its losses
Barbara Kahn of the Wharton School attributed mall closures in part to the loss of key anchor stores, such as Macy’s. Others have managed to survive by rebranding as mixed-use developments, she said.
FULL STORY →