“I’ve been surprised at how open people are at meetings. As an intern, I found it very encouraging when being asked, ‘Hey, would you like to take a seat at the table and introduce yourself?’”
As an intern for the Education, Income Management, and Labor (EIML) Division of the OMB, Pauline Alvarado (G’20) assists the Higher Education team in their work to perform policy, program management, and regulatory analyses related to the Department of Education. She swears it’s less stuffy than it sounds. “In the Education Branch, everyone is intelligent, very purposeful with how they communicate and approach an issue while having a delightful sense of humor. It’s nice to be a part of a team with such great rapport!” Outside the office, Pauline discusses comfort found in one of her oldest passions, and just how important connections are in DC (especially for her portable fan).
DC EventsOct19 Improving Economic Prosperity through Nation Branding 1:00pm - 2:30pmLocation: Russell Senate Office Building, Room 188It is well known that companies care deeply about their brands—and with good reason: a respected name attracts customers, solidifies their loyalty, and brings in higher returns. The idea of brand identity extends beyond the corporate world, though. Countries are also brands, and a country’s brand, like a corporate brand, is economically powerful. A positive country brand brings money and economic growth to it through tourism, foreign direct investment, and foreign trade; conversely, a negative country brand is economically costly. In this seminar, Professor David Reibstein from the Wharton School, who collaborates with U.S. News & World Report in developing the Best Countries Rankings, will examine nation branding as it applies to the U.S., and will discuss why a country should care about their brand globally and the role that public policy plays in shaping and communicating that brand to the world.
Faculty AffiliateHerbert Hovenkamp
A world-renowned scholar of antitrust law and policy, Professor Hovenkamp was called “the dean of American antitrust law” by The New York Times in 2011. Hovenkamp received the John Sherman Award from the Antitrust Division of the Department of Justice in 2008, awarded a few times a decade for “outstanding achievement in antitrust law, contributing to the protection of American consumers and to the preservation of economic liberty.”
September 19 Antitrust in 2018: The Meaning of Consumer Welfare Now
Modern antitrust policy follows the consumer welfare principle (CWP), the proposition that antitrust policy should encourage markets to produce high output consistent with sustainable competition, and low prices. The market dominance of giant firms such as Amazon, however, is opening the door to a reevaluation of this antitrust standard, particularly from a new antitrust “movement” that has economic goals, such as protecting small businesses and controlling runaway profits, that can be at odds with promoting low prices. Penn Law and Wharton Professor Herbert Hovencamp evaluates the merits of three antitrust frameworks within the context of the law and economic history. While he acknowledges that business can cause harm to the lives of Americans in ways that extend beyond inflating prices—i.e., creating barriers to market entry, stifling innovation, controlling information, or limiting wages—he argues that the CWP remains best positioned to respond to antitrust problems, although it would benefit from technical improvements.
September 19 The Economic and Public Health Impact of Fentanyl Contamination in the United States’ Counterfeit Drug Industry
According to a July 2016 report by the Drug Enforcement Agency (DEA), fentanyl contamination of counterfeit drugs has become a global threat. While virtually all pharmaceutical medications and medical products can be found either diverted, adulterated or completely falsified on the black market, in recent years counterfeit opioids containing the extremely potent substance fentanyl have emerged as an incredibly dangerous threat affecting United States consumers.
Faculty AffiliateIoana E. Marinescu
Ioana Marinescu studies the labor market to craft policies to enhance employment, productivity, and economic security. Her research expertise includes online job search, workforce development, unemployment insurance, the universal basic income, and employment contracts and has been published in leading academic journals like Journal of Labor Economics and the Journal of Public Economics. She is the leading economist at Data@Work Research Hub, a workforce data gathering and sharing project funded by the Sloan Foundation. Dr. Marinescu writes a monthly op-ed for the French Newspaper Liberation, and a monthly blog post on hiring and management tips backed by research at CareeBuilder.com. Additionally, Dr. Marinescu is a faculty research fellow at the National Bureau of Economic Research.