Wharton Dean and Faculty Predict How the New Administrationâs Policies Will Affect the Economy
On Tuesday, January 31, an audience of students, faculty, and community members crowded into Annenberg Centerâs Zellerbach Theater to hear a panel of distinguished Wharton professors discuss the potential impact of President Trumpâs financial policies on the domestic and global economy. It was the first time Wharton faculty have commented on the new administration's policies.
Geoffrey Garrett, Dean of the Wharton School and the talkâs moderator, opened with a nod to the potential for polarization inherent in the current political climate. âI think itâs important to note that thereâs tremendous noise having to do with the incoming administration right now,â he began. âOur goal here today is to cut through that noise and get to the signal. What is the administration likely to do and what are the consequences of those acts?â
âIn a world of fake news, alternative facts, âtruthiness,â where the currency seems to be ever more outrage, what we all want to do is to be Wharton. That means to be authoritative, to be analytical, and to back up opinions with facts and analysis,â he said.
Dean Garrett was joined by Professor of Management and Director of the Joseph H. Lauder Institute, Mauro Guillen, an expert on globalization and multinational management; Jeremy Siegel, the Russell E. Palmer Professor of Finance, an expert on macroeconomics and market analysis; and Boettner Professor of Business Economics and Public Policy, Kent Smetters, the former Deputy Assistant Secretary of the U.S. Department of the Treasury.