In this episode, JP Matychak and Mark Williams, Master Lecturer in Finance, discuss the complexities of tariffs, their implications for the US economy, and the recent changes in tariff policy announced by President Trump. They explore how tariffs function as a tax on imported goods, the burden they place on consumers, and the potential economic fallout, including inflation and recession. The conversation also delves into the long-term risks of relying on tariffs as a trade tool and suggests more constructive approaches to address trade imbalances.

Key Takeaways

• Tariffs are essentially a tax on imported goods.
• Consumers ultimately bear the cost of tariffs.
• Recent tariff changes have led to significant market declines.
• The administration's goal with tariffs is to protect local industries.
• High tariffs can lead to inflation and reduced consumer spending.
• Stagflation poses a significant risk to the economy.
• Tariffs can trigger retaliatory measures from trading partners.
• Long-term reliance on tariffs can harm global trade relationships.
• Constructive trade policies should be incremental and strategic.
• Monitoring financial markets is crucial for understanding economic trends.

Unlock the secrets of internet privacy as we journey through the intricate world of digital cookies and their profound impact on our online lives. Featuring insights from Garrett Johnson and Tesary Lin of Boston UniversityQuestrom School of Business, we explore the evolution of privacy regulations and their influence on major browsers like Chrome. Discover how first-party and third-party cookies have transformed digital marketing, and learn about Google's innovative Privacy Sandbox initiative, which seeks to balance user privacy with the needs of advertisers and publishers.

We also shine a light on the controversial "dark patterns" in user interface design that can manipulate cookie consent rates, challenging the effectiveness of privacy regulations like the GDPR. Delve into the complexities of data protection with a focus on the Global Privacy Control and the potential for a unified U.S. federal privacy law. As we navigate the emerging landscape, we address the responsibilities of AI platforms and social media in safeguarding user data and managing content. This episode promises to equip you with a deeper understanding of the ongoing challenges and future implications in the realm of internet privacy.

On this episode of Insights@Questrom, contributor Shannon Light chats with Kathy Kram, Professor of Management & Organizations, emerita, and Tim Hall, Professor of Management & Organizations, emeritus, about their co-authored book, Retiring: Creating a Life That Works for You.

The discussion dives into retirement as a major life transition—one that goes beyond financial and health concerns to address deeper psychological, social, and structural challenges. Professors Kram and Hall share insights from their book, which is based on detailed retirement stories of 14 individuals and over 200 interviews. They explore how retiring involves reconstructing both identity and life structure, offering wisdom on the four major tasks of retirement: making the retirement decision, detaching from work, building a new retirement life, and adapting as life unfolds.

Listeners will learn how alignment among self, life structure, and external context is key to life satisfaction during retirement and how support from family, friends, and colleagues can make a crucial difference. The authors also discuss how organizations can better support older workers as they prepare to transition out of their careers.

To find out more about their book, ‘Retiring: Creating a Life That Works for You’ visit https://retiringbook.com or find their book on Amazon here.