The Economy (and therefore, Wharton) Going Down in Flames

Our understanding of the current state of the economy is essentially a picture of a downward-sloping arrow (see fig. 1), but you know things must be bad when even the right-wing voodoo economists of The Wharton School are holding a teach-in.  Check out the e-mail Dean Robertson just sent out to all Wharton faculty and students:

Subject: Wharton Faculty Discuss Financial Crisis

Please join us for a “panel discussion/teach-in” session led by prominent Wharton faculty who will reflect on the still-unfolding turmoil in the financial services industry.

The faculty panel will include Professors Franklin Allen, Joe Gyourko, Jeremy Siegel, and possibly others.  The session will begin with brief opening comments by each panelist, followed by a question-and-answer period moderated by two MBA students.

The session will be held tomorrow, Tuesday, September 16, 5:00 – 6:30pm in Zellerbach Auditorium of the Annenberg School.

Regards,

Thomas S. Robertson, Ph.D. Dean