This Week in Business

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. Hosted on Acast. See acast.com/privacy for more 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. Hosted on Acast. See acast.com/privacy for more 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. Hosted on Acast. See acast.com/privacy for more 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. Hosted on Acast. See acast.com/privacy for more 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.   Hosted on Acast. See acast.com/privacy for more 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. Hosted on Acast. See acast.com/privacy for more 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. Hosted on Acast. See acast.com/privacy for more 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. Hosted on Acast. See acast.com/privacy for more 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. Hosted on Acast. See acast.com/privacy for more 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.  Hosted on Acast. See acast.com/privacy for more information.