scholarly journals Wharton School

2020 ◽  
pp. 1157-1157
Keyword(s):  
Author(s):  
Steven Conn

This chapter examines why educational leaders and businessmen in the United States thought it was a good idea to establish business schools in the first place. The answer often offered at the time was that American business itself had grown so big and complex by the turn of the twentieth century that a new university-level education was now required for the new world of managerial work. However, the more powerful rationale was that businessmen wanted the social status and cultural cachet that came with a university degree. The chapter then looks at the Wharton School of Finance and Economy at the University of Pennsylvania, which was founded in 1881 and became the first business school in the United States. All of the more than six hundred business schools founded in the nearly century and a half since descend from Wharton.


2015 ◽  
Vol 53 (4) ◽  
pp. 1021-1023

Enghin Atalay of University of Wisconsin-Madison reviews “Financial and Macroeconomic Connectedness: A Network Approach to Measurement and Monitoring”, by Francis X. Diebold and Kamil Yilmaz. The Econlit abstract of this book begins: “Presents a framework for defining, measuring, and monitoring connectedness, focusing on connectedness in financial and related macroeconomic environments. Discusses measuring and monitoring financial and macroeconomic connectedness; US asset classes; major US financial institutions; global stock markets; sovereign bond markets; foreign exchange markets; assets across countries; and global business cycles. Diebold is Paul F. and Warren S. Miller Professor of Economics and Professor of Finance and Statistics in the Wharton School of Business at the University of Pennsylvania. Yilmaz is Professor of Economics at Koç University.”


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