Knowledge at Wharton

Cryptocurrency has evolved from a niche experiment to a global financial force. But how did we get here? In this episode, professor Itay Goldstein is joined by Duke professor Campbell Harvey and Neha Narula, director of the MIT Media Lab’s Digital Currency Initiative, to explore the milestones that led to crypto’s rise, the forces that shaped its growth, and what the crypto landscape will evolve into. Editor’s Note: This episode was recorded in early summer of 2025, shortly before the passage of the GENIUS Act, which provides a regulatory framework for stablecoins. A lot has happened in the digital asset space since this discussion was recorded. But the broader ideas, philosophies, and questions we explore remain highly relevant today.

As cryptocurrency moves further into the mainstream, regulators are stepping up efforts to define its legal and financial framework. But how far will regulation go, and what will it mean for investors, businesses, and the future of digital assets? In this episode, professor Itay Goldstein is joined by Wharton professor Jessica Wachter, recently the chief economist at the SEC, and former CFTC chair Timothy Massad to discuss crypto’s evolving regulatory landscape, the balance between innovation and oversight, and the geopolitical forces shaping crypto policy worldwide.Editor’s Note: This episode was recorded in early summer of 2025, shortly before the passage of the GENIUS Act, which provides a regulatory framework for stablecoins. A lot has happened in the digital asset space since this discussion was recorded. But the broader ideas, philosophies, and questions we explore remain highly relevant today.

What determines whether a cryptocurrency succeeds or fades into obscurity? In this episode, Wharton professor Itay Goldstein speaks with Shimon Kogan, adjunct associate professor of finance at Wharton and longtime instructor of Wharton’s fintech course, to explore the economic and behavioral forces behind token success. From network effects and user adoption to coordination challenges and the phenomenon of meme coins, this conversation dives into the mechanics of tokenomics and what drives value in the world of fintech.Editor’s Note: This episode was recorded in early summer of 2025, shortly before the passage of the GENIUS Act, which provides a regulatory framework for stablecoins. A lot has happened in the digital asset space since this discussion was recorded. But the broader ideas, philosophies, and questions we explore remain highly relevant today.

Which NFL teams are the numbers backing before the 2026 season begins?Aaron Schatz, NFL Analyst at ESPN and Chief Analytics Officer at FTN Fantasy, explains why the Houston Texans stand out in the AFC and why the Seattle Seahawks project as one of the league's strongest teams. He breaks down the Rams' Super Bowl outlook, the Bills' defense, the Eagles' path through the NFC East, and the teams that could surprise or regress.Schatz also explores how DVOA-based forecasts account for quarterback performance, coaching changes, injuries, schedules, and the balance of offense, defense, and special teams. Plus, why even the best projections leave plenty of room for the chaos of an NFL season.

David Reibstein, Wharton Marketing Professor and lead researcher behind the Best Countries Report, discusses how a nation’s reputation influences investment, tourism, trade, and global influence. Drawing on data from more than 15,000 respondents worldwide, Reibstein explains why Switzerland continues to rank among the world’s most respected countries, why the United States fell out of the top 10 for the first time, how perceptions of AI differ across the globe, and why countries increasingly need to think like brands in a competitive global marketplace.

Henning Piezunka, Associate Professor of Management at the Wharton School, explores how competition in the AI industry can shift from healthy rivalry to destructive behavior, discusses the psychology behind executive decision-making, explains why successful organizations balance competition with collaboration, and shares insights from research spanning business, sports, and innovation ecosystems.

Rosalie Kennedy, Senior Director of Marketing at Athletic Brewing, discusses how the company helped transform non alcoholic beer from a niche category into a mainstream lifestyle brand. Rosalie shares how Athletic Brewing built cultural relevance around wellness, taste, and social connection, why authenticity matters in a crowded beverage market, and how changing consumer behavior is reshaping the future of beer. The conversation also explores category growth, brand positioning, distribution strategy, and how Athletic Brewing is thinking about younger consumers and evolving drinking habits. 

Can the Philadelphia 76ers turn a roster featuring LeBron James, Joel Embiid, Tyrese Maxey, Jaylen Brown, and VJ Edgecombe into a championship team?Basketball analytics pioneer and ESPN data scientist Dean Oliver joins the Wharton Moneyball team to examine how Philadelphia might distribute possessions among so many high-usage players, whether LeBron can succeed as a point forward, and who should control the ball in critical late-game situations. The conversation also explores three-point shooting, defensive concerns, and why analytics can measure player performance more easily than it can predict chemistry and fit.Plus, the hosts discuss the enduring appeal of the Baseball Hall of Fame and the arrival of corporate jersey sponsorships in college football.