
This episode of This Week in Business covers the impact of inflation on real incomes, financial literacy trends, and innovation in established companies. Guests from Wharton faculty discuss various economic topics, including macroeconomics, personal finance, and workplace innovation.
The episode highlights that many Americans' real incomes have not kept pace with inflation over the past four years since Covid. It notes a rise in poor financial literacy among U.S. adults, increasing from 20% in 2017 to 25% recently.
Another key discussion point is that 70% of innovations are developed within established companies, suggesting opportunities for entrepreneurship using employer resources. The conversation connects research to practical outcomes in the business world.
Listeners are encouraged to subscribe to the podcast for ongoing insights into the economy and business decisions shaping the landscape.
Inflation impacts real incomes and financial literacy while innovation thrives in established companies.

The real incomes of many Americans have not caught up yet with inflation.Introducing "This Week in Business," A Knowledge at Wharton Podcast
70% of all innovations are developed in established companies.Introducing "This Week in Business," A Knowledge at Wharton Podcast