Carrie Leana, George H. Love Professor of Organizations and Management in the Joseph M. Katz Graduate School of Business, spoke about her research on financial precarity at the Aspen Institute Ideas Festival in Aspen, Colorado. The nation's premier public gathering place for leaders from around the globe and across many disciplines, the Aspen Ideas Festival presents and discusses cutting-edge ideas and issues that shape and challenge the times.
“Many of the conversations are about public policy,” says Leana. “It’s an opportunity to influence and be informed by leading policy makers, practitioners and other academics, and to put research findings into the hands of those who can make real change.”
The Aspen Ideas: Health track explored challenges in medicine, science and global health. Leana’s discussion topic, “A Living Wage Buys Health,” was informed by her research on financial precarity that ties financial worries to health detriments, as well as productivity at work.
She summarizes her extensive research on the topic in “The Cost of Financial Precarity,” which was published in the Stanford Social Innovation Review. “Health and financial precarity go hand in hand,” says Leana. “The financially precarious tend to be less happy, less healthy and die younger than their less precarious counterparts.” Read more about her research on PittWire.
Leana notes that the festival attracts a wide variety of people who serve on panels discussing how health and the economy affect each other. “The format forces interesting conversations,” says Leana, “such as between the U.S. Surgeon General and the head of the Philadelphia Federal Reserve who appeared together on a panel.” Leana’s panel included Tobias Read, Treasurer of the State of Oregon.
The Aspen Institute is an educational and policy studies organization based in Washington, DC. Its mission is to foster leadership based on enduring values and to provide a nonpartisan venue for dealing with critical issues.