Winter 2011

Winter 2011

OUR VERY OWN MAESTRO
James DePriest, W’58, ASC’61, HON’76, on the musical life–and the long, difficult journey to music stardom.

A REAL MESS FOR REAL ESTATE

PATIENCE, PLEASE

ALL OVER THE MAP

Cover Story

  • A Maestro of His Own Making

    James DePreist, W’58, ASC’61, HON’76, may have been born into a musical family. But there was nothing easy about his rise to prominence in the world of classical music.

Featured Stories

  • No Magic Bullet

    Make no mistake, experts warn: The U.S. residential real estate market is in a full-blown crisis. And there’s no easy way to solve it.

  • All Over the Map

    How Wharton’s research programs prepare undergraduates for careers in academia and the private sector.

Articles

  • Final Exam

    Think you could still ace your way through Wharton? Well, here’s your chance to prove it.

  • Editor’s Letter

    By Tim Hyland The debate over network neutrality and the risks of investing in natural gas. The midterm elections and the economics of Internet advertising. The state of business in Brazil—and the state of sports in Brazil. Those are just some of the topics that have been explored over the past five months by the bloggers of the new Wharton Blog Network. In other words, yes, we’ve covered a lot of ground. But we’re just getting started. When we here at Wharton Magazine launched the Wharton Blog Network back in August, our blog experiment was just that: An experiment. We had only a handful of bloggers signed up. We had no idea what our bloggers would write about, how often they’d write—or who would read what they wrote. We didn’t know, quite frankly, if this thing was going to work. Well, as I write this in late November, up to my ears in blog copy, I can confidently say: It’s working. Our contributors—Wharton faculty, alumni and senior staff—have proven themselves to be eloquent and insightful, and our readers, it turns out, are rather eloquent and insightful, too; they have responded to our posts, challenged our ideas, chimed in with ideas of their own. And in December, we learned that the Network had won a Bronze Award in the 2011 CASE District II Accolades Awards. So now, we’re taking the next step. We’ve recently welcomed several new contributors, and we’re excited to see what they have to say. We’re exploring new sectors—real estate, health care—and hope to further expand our reach in the weeks and months to come. We’re even redesigning our magazine website, specifically to accommodate all of this exciting Blog Network content. Our ultimate goal is to create a truly world-class conversational space—a forum in which the Wharton community […]

  • The Inbox

    Seeking Sustainability I’d like to see more about sustainability in the magazine, and as a category in the Wharton Blog Network (we have ‘Sports Business,’ but not ‘Sustainability?’ Really?). Wharton seems to be very thin in this area, which concerns me. Over half of the startups I work with or hear about are in clean-tech/green categories and sustainability/alternative energy will arguably be one of the biggest growth sectors of the next two decades. I hope to see Wharton emerge as a thought leader in this area—the absence of which, I fear, comes off not only as behind-the-times, but worse, more as part of the problem than part of the solution. Greg Helmstetter, WG’95 Editor’s Note: We agree with you that sustainability is an important topic. That’s why we’ve featured it in such stories as “He Won’t Back Down” (Fall 2010), “A Battle in The Pacific” (Summer 2010) and “Growing Ever Greener” (Spring 2010), and plan to continue covering the topic in future issues. It should also be noted that the School recently launched the Wharton Sustainability Program to achieve “substantive reductions in the environmental impact of the Wharton community.” Brilliance in the Name of Hate? I would like to thank you for continually producing a quality Wharton alumni magazine. The new format is a great innovation for the publication. I am also writing to comment on the Editor’s Letter regarding the Gustavus W. Smith Elementary School (Summer 2010). I understand the usage of Gustavus as a leadership figure who did not have adequate plans to conquer the Union army. I was slightly concerned of the unabashed exaltation of Robert E. Lee as a brilliant and decisive general. I would hope that this commentary would be countered with the reality that this brilliance was in the name of maintaining a hateful slavery system in […]

  • Wharton Folly: A Rising Tide?

      Illustration by Brian Ajhar, Concept by the Wharton Folly Committee (Joel Serebransky, WG’85, Matthew Sinacori, WG’03, Ram Rajagopal, WG’02, Steve Margolis, WG’86, and Andy Stack, WG’01) For more on America’s real estate crisis, see our feature, “No Magic Bullet.”

  • Baker Gift Permanently Endows Retailing Center

    In one of the largest gifts in recent Wharton history, Patty and Jay H. Baker in October donated $15 million to endow permanently the Jay H. Baker Retailing Center.

  • The Sporting Life

    Robert Herzog was five minutes late for an untimely death. In the years since his near-miss, he’s found a way to live happier—and give back to the city he loves.

  • Bottom Line: Winter 2011

    While Wharton may be better known for its “quant jocks” than its athletes, the School’s reach extends throughout the sports world, from the front office to the field (or court, or rink, or track).

  • From the Network: Long Lines Brewing

    The Wall Street Journal recently reported that Starbucks is now asking its baristas to make no more than two drinks at a time.

  • At the Center of the Storm

    Betsey Stevenson made her name studying ‘happiness.’ Now she’s working to tackle the misery of unemployment.

  • From the Vault: The Quad

    Take a peek at Penn’s dormitories in the early 20th century and you’ll gain a glimpse into another world.

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