EventsJun1 Public Policy Research Scholars, Class of 2021, Applications Due 11:59pmLocation: Apply Online - http://whr.tn/PPRSApplyThe Penn Wharton Public Policy Initiative is accepting applications for the PPRS Class of 2021. PPRS is an interdisciplinary certificate program intended for rising sophomores with a background in Economics, who want to explore the economic impact of U.S. public policies.
May 24 Trump administration is considering new tariffs on imported cars
President Trump is considering a new 25% tariff on imported cars after Commerce Secretary Ross announced that they are critical for national security. The House of Representatives passed the National Defense Authorization Act, the annual defense bill, that amounts to $717 billion in expenditures.President Trump signed into law a change in the Dodd-Frank Act.
May 23 Cost Analysis of Transgender Healthcare in the Military
In June of 2016, former Defense Secretary Ashton B. Carter removed one of the final barriers to military service by announcing new rules that would allow transgender individuals to openly serve in the military. Prior to this, transgender people would have been discharged or otherwise separated from the military just for their gender under Department of Defense Instruction (DODI) 6130.03: Medical Standards for Appointment, Enlistment, or Induction in the Military Services. Just one year later, in July 2017, President Donald Trump tweeted that the U.S. “will not accept or allow transgender individuals to serve in any capacity in the U.S. military” because the military “must be focused on decisive and overwhelming victory and cannot be burdened with the tremendous medical costs and disruption that transgenders in the military would entail”.
“Taking philosophy and political economy classes in a communist country, I gained a whole new understanding of political and economic theory, as well as economic relations from the perspective of the developing world.”
Growing up right outside of DC, Yana Kaplun couldn’t help but be drawn to the field of public policy. As a member of her high school debate team, she was continually challenged to learn about and discuss a wide range of timely, policy-related topics, which “made it much more engaging to read the news each day, and provided me with a foundation that I’ve built upon in my classes ever since,” Yana says. By studying business alongside international affairs through the Huntsman Program at Penn, she was able to “combine the study of politics and public policy with a more quantitative and analytical toolkit, which I found in my finance and statistics concentrations in Wharton.” PPRS added another dimension too. Yana explains that doing the PPRS program felt like the “perfect way to continue to develop the passion for policy, and to find a community at Penn of people not only interested in a variety of fields and professions, but also in how they connected to the world of government.” Yana is one of seven students who will graduate in May as part of the first PPRS cohort.
Yana’s interest in PPRS began when she was interning in DC for a think tank called Third Way, in their Capital Markets Initiative, researching financial regulations such as the Dodd-Frank Act. Working for Third Way showed Yana how policy, macroeconomics, and finance all influence each other in complex ways, and inspired her to pursue further research opportunities when she returned to campus. For Yana’s PPRS capstone, she is “studying infrastructure deficiencies at the U.S.-Mexico border caused by the increased truck volumes post-NAFTA, and identifying whether traditional government structures or public-private partnerships would be the most effective funding schemes for the projects in this area.” Yana feels lucky to be able to learn more about many different things that interest her, and how they intersect: “infrastructure development (a holdover from my policy debate days!), finance, cross-border trade, Spanish and the Latin-American economies, and public policy.”
Yana wanted a practical way to use her policy background while on campus, so she joined the Holistic Education Initiative through the Student Committee on Undergraduate Education (SCUE). Her work there has focused on developing opportunities for experiential learning on campus and trying to help Penn students find balance in their lives. Yana explains, “I’ve loved being a part of SCUE because it allowed me to develop an independent, informed opinion about what a university education should be; and brought me in touch with students, professors, and administrators who challenged and shaped that opinion.” In addition, Yana appreciates the fact that the research and work she did has an impact: “We published our recommendations in a white paper, which has served as the backbone for our discussions with administrators such as President Amy Gutmann, Provost Wendell Pritchett, and College Dean Paul Sniegowski. Out of this work, we’ve been able to push for changes to the University’s policies surrounding pass/fail courses, discussions of mental wellness and academic accommodations in course syllabi, and a renewed focus on civic engagement opportunities as a core part of the Penn experience.”
Yana’s interests have led her in many directions—not only on campus, but through study abroad as well, in Cuba. Yana found the experience of studying there thought provoking. “Taking philosophy and political economy classes in a communist country, I gained a whole new understanding of political and economic theory, as well as economic relations from the perspective of the developing world.” Yana was excited to have her ideas challenged and to learn about economics and economic policy in a different way. The Penn experience for Yana was defined by this unique “depth and breadth of academic opportunities,” which will continue to inform her goals and outlook as she steps forward as a graduate in May.
DC EventsJun1 The Decline in U.S. Corporate Investment 1:00pm - 2:30pmLocation: Dirksen Senate Building, G11, Washington, DC10 years after the financial crisis US corporate investment remains anemic. Is this weak recovery a symptom of a larger trend towards a less capital intensive economy? The answer can shed light on the impact of the Tax Cut and Jobs Act of 2017 as well as any future infrastructure spending.
DC EventsJun15 Policy Disruption: Regulatory Responses to Business and Technological Innovation 1:00pm - 2:30pmLocation: Russell Senate Office Building, Room 188, Washington, DCNew forms of business in the sharing economy, and new technologies like autonomous vehicles, have the potential to “disrupt” existing regulatory structures. This seminar will examine the challenges facing regulators and legislators, who must respond so as to both (a) promote innovation and (b) protect the public interest.