April 20 Senator Schumer intends to introduce bill to decriminalize marijuana
Senator Schumer announced in a Vice interview that he would be introducing legislation aimed to decriminalize marijuana; Barclays economists cut their expected growth forecast for GDP projections; The Federal Reserve Bank of San Francisco has indicated a dramatic change in economic conditions has lowered the neutral interest rate.
EventsApr24 “Radical Markets: Uprooting Capitalism and Democracy for a Just Society” a talk by E. Glen Weyl 4:30pmLocation: Jon M. Huntsman Hall, Room 245The Penn Wharton Public Policy Initiative is pleased to host a talk by E. Glen Weyl, Principal Researcher at Microsoft Research New England, about his forthcoming book, Radical Markets: Uprooting Capitalism and Democracy for a Just Society. The talk will be followed by a discussion moderated by Herbert Hovenkamp and Ioana Marinescu. Hovenkamp is the James G. Dinan University Professor at Penn Law and the Wharton School; Marinescu is an Assistant Professor at Penn’s School of Social Policy and Practice.
April 19 GOP push for 20hr work minimums on food stamps
House Republicans push for stricter work requirements for food stamp program; New applications for U.S. unemployment benefits decreased last week, indicating continued job growth; Monthly metrics indicate a continued rise in U.S. business trends in March.
Faculty AffiliateCary Coglianese
Cary Coglianese is the Edward B. Shils Professor of Law and Professor of Political Science at the University of Pennsylvania, where he currently serves as the director of the Penn Program on Regulation and has served as the law school’s Deputy Dean for Academic Affairs. He specializes in the study of regulation and regulatory processes, with an emphasis on the empirical evaluation of alternative regulatory strategies and the role of public participation, negotiation, and business-government relations in policy making.
A co-chair of the American Bar Association’s administrative law section committee on e-government and past co-chair of its committee on rulemaking, he has led a National Science Foundation initiative on e-rulemaking, served on the ABA’s task force on improvingRegulations.Gov, and chaired a task force on transparency and public participation in the regulatory process that offered a blueprint to the Obama Administration on open government. He has served as a consultant to the Administrative Conference of the United States, Environment Canada, the U.S. Department of Transportation, and the U.S. Environmental Protection Agency.
April 12 Regulating Tissue Donation Consent
It is estimated that one individual organ, eye, and tissue donor can save up to 75 lives . Currently an average of 22 individuals die each day waiting to be matched for a transplant . Donated tissues and organs both have lifesaving potential, but unlike donated organs, donated tissue is also purchased by biotechnology and cosmetic companies for research purposes. Most donors, however, are not aware of the differences between organ and tissue donation, including how it is removed, used, and regulated . Even fewer are aware that by registering for organ donation, they have become tissue donors by default and that their tissues can be sold for up to $80,000 to profitable companies . In order to increase transparency and not lose informed consent of donors, registration for tissue donation and organ donation in the United States should be separate processes.
April 12 Faculty Advisor Ethan Mollick comments on Indiegogo’s changing business
Indiegogo is an international crowdfunding website founded in 2008. Faculty Advisor Ethan Mollick summarizes the company’s growing business model as a platform that streamlined the process of large scale business expansion by connecting people with the tools and experts to facilitate this growth. Professor Mollick also notes how although U.S. law didn’t allow equity crowdfunding until 2015, the practice itself has yet to popularize.