Wharton Business Radio Highlights

Democratic candidate Senator Bernie Sanders has been touting his 'Medicare for All' plan on the campaign trail, which he says will dramatically improve healthcare for all Americans. But many questions remain, including how the plan will be financed. Last week, the Penn Wharton Budget Model released its analysis of the Senator's plan, which in one scenario, showed that within 40 years the GDP will decline by 24%. Professor Kent Smetters sat down with Dan Loney to talk about the pros and cons of Medicare for All and the Budget Model's analysis of the various financing mechanisms in detail. See acast.com/privacy for privacy and opt-out information.

With more than 4,700 cases of coronavirus confirmed and 106 reported deaths, China is facing both short- and long-term challenges. Penn Law Professor and Chinese Law Expert Jacques deLisle talked to Wharton Business Daily host Dan Loney about what he sees are the biggest issues facing both China and the global economy, and how the response to containing and managing this virus compares to that of SARS. See acast.com/privacy for privacy and opt-out information.

Comcast is the latest company to jump into the streaming world with the launch of NBC's new Peacock streaming service, which will be available in July 2020. Faculty Director of the Wharton Customer Analytics Initiative Raghu Iyengar joins Dan Loney to talk about this complex market, the challenges that come with continually creating fresh, new content, and the future of TV programming. See acast.com/privacy for privacy and opt-out information.

A report by the National Association for Business Economics says that 7 out of 10 economists predict there will be another recession by the end of 2021. The last time there was a recession, many people lost significant value in their retirement plans. Wharton Professor and Executive Director of the Pension Research Council Olivia Mitchell discusses what can be done now - with or without a recession - to shore up your retirement accounts and finances overall. See acast.com/privacy for privacy and opt-out information.

The most recent season of 'Survivor' (Island of the Idols) ended with its own #MeToo moment, which will lead to significant changes for the future of both the show and CBS. For the first time in the reality show’s history, a contestant, Dan Spilo, was removed for inappropriate behavior and sexual harassment against another contestant, Kellee Kim. Kim, who competed on Survivor while she was finishing her MBA at Wharton last year, discusses her experience, the male/female dynamic on a reality TV show, and her time at Wharton.   See acast.com/privacy for privacy and opt-out information.

The U.S. drone strike that killed Major General Qassim Suleimani has heightened tensions between the U.S. and the Middle East. This week, Iraq’s Parliament voted to remove 5,000 U.S. forces from the country, and Iran fired more than 20 ballistic missiles at two U.S. military bases in Iraq. Joseph Westphal, former U.S. Ambassador to Saudi Arabia and Inaugural Chang Sun Term Professor at Penn’s Lauder Institute, discusses his perspective on the process that occurred leading up to last week’s strike against Iran, the state of U.S. relations with the Middle East over the last two years, and what to expect moving forward from both a military and economic perspective. See acast.com/privacy for privacy and opt-out information.

Not everything about ridesharing is negative. Riders are making friends, learning about their community and even getting job leads, all from the back seat of their Uber or Lyft. Wharton Management Prof Lindsey Cameron discusses her study of the positive social and cultural exchanges that take place inside rideshare vehicles. See acast.com/privacy for privacy and opt-out information.

Retail isn’t all store closings and bankruptcies. Legacy retailers and direct-to-consumer startups alike are transforming their businesses through innovative technology, partnerships and more. Wharton Marketing Prof and Baker Retailing Center Academic Director Tom Robertson, and Baker Retailing Center Managing Director Mina Fader, discuss the challenges and opportunities retailers face in a time of transformation. See acast.com/privacy for privacy and opt-out information.

Wharton Professor Kent Smetters discusses the Penn Wharton Budget Model's analysis of Senator Elizabeth Warren's wealth tax. They found that Warren's proposal would shrink the economy between .09 and 2.1 percent by 2050, and raise roughly $1.0 to $1.4 trillion less than Warren's campaign estimate. See acast.com/privacy for privacy and opt-out information.

Mark Zuckerberg and Bill Gates founded their pathbreaking companies when they were still in their teens. Steve Jobs founded Apple at 21. Their stories, which get a lot of media attention, have many believing that younger entrepreneurs are the most successful. However, research from Wharton management professor Daniel Kim shows they are exceptions to the rule, and that the average age of successful entrepreneurs is actually a lot older.  See acast.com/privacy for privacy and opt-out information.

Josh Hermsmeyer, Writer for FiveThirtyEight and Founder of AirYards.com where he works on all things football analytics, joins hosts Cade Massey, Shane Jensen, Eric Bradlow, and Adi Wyner to discuss his predictions for the current NFL season and the analytics backing him up on Wharton Moneyball. See acast.com/privacy for privacy and opt-out information.

Safi Bahcall, pysicist and biotech entrepreneur, joins host Harbir Singh on Mastering Innovation to discuss his book “Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries”, which explores groundbreaking innovations that almost never saw the light of day! See acast.com/privacy for privacy and opt-out information.

Patrick Harker, President of the Federal Reserve Bank of Philadelphia and a former Wharton dean, joins Mukul Pandya of Knowledge@Wharton to discuss the July 2019 decrease of the Federal Interest Rate and the current state of the US economy in this special podcast. See acast.com/privacy for privacy and opt-out information.

Nir Eyal has been dubbed "The Prophet of Habit-Forming Technology" by the MIT Technology Review. Nir joins host Americus Reed to discuss his best-selling book on consumer behavior "Hooked: How to Build Habit-Forming Products" on Marketing Matters. See acast.com/privacy for privacy and opt-out information.

Alexis Stenfors joins host Dan Loney on Knowledge@Wharton to discuss how he went from being a currency trader at Merrill Lynch in London to being banned from trading after he tried to cover up huge mistakes, costing him around $456 million USD. His story is documented in his book, "Barometer of Fear: An Insider’s Account of Rogue Trading and the Greatest Banking Scandal in History." Alexis is now a lecturer at the University of Portsmouth, teaching economics and finance. See acast.com/privacy for privacy and opt-out information.

Despite the fact that 55% of our time is spent listening, deep listening is a skill that only 2% of people really grasp. Oscar Trimboli, Professional speaker, mentor, and author, joins hosts Peter Cappelli and Greg Shea on In the Workplace to discuss his book on how we can practice and apply deep listening, and how doing so can prevent miscommunications and their effects in the workplace such as job turnover and lost sales. See acast.com/privacy for privacy and opt-out information.

Many security experts believe that the next world war will most likely involve cyberspace. Considering the numbers of hacks and cyber attacks we read about in the news, as well as attacks that impact critical infrastructure like hospitals and banks. All of these events carry real world impact. This activity is taking place in what the Pentagon calls “The Fifth Domain.” A new book called "The Fifth Domain: Defending Our Country, Our Companies and Ourselves in the Age of Cyber Threats" looks how we must think about protecting all of these critical elements. Richard Clarke, co-author of the book, joins host Dan Loney to discuss these considerations on Knowleddge@Wharton. Clarke spent 30 years in the U.S. government, including as White House counter terrorism coordinator under President Bill Clinton and George W. Bush. And he was the first White House Official to be in charge of U.S. cybersecurity. See acast.com/privacy for privacy and opt-out information.

Consumers today have a strong preference for messaging as their primary mode of communication. Helpshift has designed an intelligent customer service platform around providing B2C brands with the most seamless digital messaging experience on web and mobile. Linda Crawford, CEO of Helpshift, joins host Doug Collom to discuss her leadership of Helpshift and in other prior customer-service based companies on Bay Area Ventures. See acast.com/privacy for privacy and opt-out information.

A report published by the Alliance for Board Diversity (ABD) and Deloitte, "Missing Pieces", shows that the number of women and minorities on boards at Fortune 500 companies was at an all-time high in 2018. In fact, well over half of Fortune 500 boards have reached diversity levels of at least 30 percent women and minorities on their boards. That’s progress, but the flip side is that means 70 percent of the board is made up of white males. So what can we do? Deb DeHaas, Vice Chairman and National Managing partner of the Center for Board Effectiveness at Deloitte, joins host Laura Zarrow to discuss the implications of this report of Women@Work. See acast.com/privacy for privacy and opt-out information.

There is currently a race between the Earth’s rapidly warming temperature and humans discovering ways to fight and adapt to climate change. Jeremy Grantham, Chief Investment Strategist and Chairman of the Board at GMO, joins hosts Nick Ashburn and Sherryl Kuhlman to discuss his mission to help humans "win" the race against climate change, how his generous donations to various research organizations will make an impact, and why not taking this race seriously will be deadly on Dollars and Change. See acast.com/privacy for privacy and opt-out information.