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This Week in Business
Penn Wharton Budget Model's Response to White House's Recent Critique of PWBM's Tax Plan Analysis
A little over a week ago, Dr. Kevin Hassett, the Chairman of the Council of Economic Advisers, commented on the Penn Wharton Budget Model (PWBM) analysis of the Tax Cuts and Jobs Act. That's the legislation that began in 2018 to cut taxes on corporations and most Americans. Dr. Hassett, speaking before the American Economic Association, disputed many of the claims made by the PWBM. The PWBM’s assessment of the impact of the tax cut plan included a slight increase in GDP and an increase in the Federal Deficit. Host Dan Loney talks with Richard Prisinzano, Senior Economist with the PWBM, who also spent 13 years in the Office of Tax Analysis at the Treasury Department, and Kimberly Burham, Managing Director of Legislation and Special Projects with the PWBM, to respond to the Chairman's criticism on Knowlege@Wharton.
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How AI Is Reshaping Skills, Hiring, and Education
13:46|Eric Bradlow, Vice Dean of AI and Analytics and Professor and Chair of the Marketing Department at the Wharton School, discusses new research with Accenture that empirically measures the skills gap and explores how AI is redefining education, hiring, and the future labor market.
The Fed Chair Transition and the Future of Central Bank Independence
13:37|Wharton Associate Professor of Financial Regulation, Peter Conti-Brown, analyzes the end of Jerome Powell’s term, the potential next chair, and why Federal Reserve independence is central to monetary policy, regulation, and the U.S. economy heading into 2026.
Six AI Trends Shaping Business, Education, and Markets in 2026
09:46|Stefano Puntoni, Wharton Marketing Professor and Co-Director of Wharton Human-AI Research, explores six major AI trends for 2026, including model specialization, agentic systems, everyday consumer AI, monetization, regulation, and the implications for business education and the future workforce.
Regulating Foreign Insider Trades on U.S. Stock Exchanges
13:56|Dan Taylor, Professor of Accounting at the Wharton School, discusses how his research helped shape new legislation requiring foreign company executives to disclose stock trades and protect U.S. investors from opportunistic insider selling.
Faculty Prediction Series: Residential and Commercial Real Estate Trends for 2026
09:57|Susan M. Wachter, Albert Sussman Professor of Real Estate at the Wharton School, discusses the outlook for housing and commercial real estate, focusing on inflation trends, interest rates, inventory challenges, and what these forces mean for markets in the year ahead.
Faculty Prediction Series: Assessing Inflation, Jobs, and Markets Heading Into 2026
10:13|Jeremy Siegel, Wharton Emeritus Professor of Finance and Senior Economist at WisdomTree, shares his perspective on the state of the U.S. economy, analyzing recent rate cuts, inflation progress, employment data, tariff uncertainty, and what they could mean for markets and growth in 2026.
Faculty Prediction Series: The 2026 Labor Market Outlook and What Comes Next
10:37|Matthew Bidwell, Wharton Professor of Management, reflects on the cooling labor market, the influence of artificial intelligence, hybrid work dynamics, and what workers and graduates should expect as the economy heads toward 2026.
Faculty Prediction Series: Where Artificial Intelligence Stands Heading Into 2026
08:14|Ethan Mollick, Co- Director of Wharton Generative AI Labs, examines how artificial intelligence continues to advance without slowing, highlighting its growing business adoption, potential labor market effects, and the importance of guardrails as organizations prepare for 2026.
Free Versus Fair Trade in a Changing Global Economy
10:32|John Zhang, Wharton Marketing Professor, discusses his recent analysis of free versus fair trade, explaining the economic assumptions, political incentives, and distributional consequences of tariffs in today’s global trading system.