THURSDAY, MARCH 22, 2018 VOL. CXXXIV NO. 19
THE INDEPENDENT STUDENT NEWSPAPER OF THE UNIVERSITY OF PENNSYLVANIA
FOUNDED 1885
Flyers at Penn Law mock dean and Wax
First black Greek org. celebrates centennial
They were prompted by barring of Amy Wax from teaching first-year course
The sorority’s Gamma chapter was officially chartered at Penn in 1918
MANLU LIU Deputy News Editor
AMANPREET SINGH Staff Reporter
Flyers satirizing Penn Law School Dean Ted Ruger and Penn Law professor Amy Wax were circulated at Penn Law this morning. The flyer, stylized like the website of The Daily Pennsylvanian, was titled “The Daily Goat” and included stories with headlines such as “Penn Law officially extends inclusion policy to racists” and “Dean Ruger’s Opinion: Don’t blame me, I literally have no spine.” A similar flyer was found at the school last weekend, with the “centerpiece story” headlined “Penn Law currently hoping this whole racist professor thing will blow over.” In response to the flyers, Ruger said in an emailed statement, “I’m pleased that our students have a sense of humor to go along with their sense of justice.” The flyers were circulated less than a week after Ruger announced that Wax will no longer be allowed to teach a mandatory first-year course after she claimed that black students have never graduated at the top of her class. On March 13, Ruger said Wax would no longer be allowed to teach a mandatory first-year Penn Law course starting in the fall semester. This decision comes in light of a video from last fall in which Wax said that she had never seen a black student graduate in the top quarter of the Penn Law class. “I don’t think I’ve ever seen a black student
Delta Sigma Theta, the University of Pennsylvania’s first black Greek organization, celebrated the 100th anniversary of its Penn chapter over the past weekend, with over 100 current sisters and alumni in attendance. On Saturday morning, members of the sorority filed in a procession down Locust Walk with the chapter’s banner. They also engaged in a range of community service projects as well as hosted a TED Talk-style event where influential alumni came to talk about their work related to the sorority’s “Five-Point Programmatic Thrust”: educational development, economic development, international awareness and involvement, physical and mental health, and political awareness and involvement. In honor of the centennial, the chapter’s service initiative also decided to sponsor a reading room for a local recreation center. The sorority was founded on Jan. 13, 1913 by 22 college women at Howard University. In that year, Penn student Sadie Alexander was contacted to charter a chapter, but the University did not have enough black women attending, said College senior and DST President Maramawit Abera. Abera said she was “deeply humbled” at the chance to celebrate the centennial. In 1918, the Gamma chapter at Penn was finally chartered. The chapter had only five members at the time: Sadie Tanner Mossell Alexander, Virginia
As University suspends normal operations Wednesday, some students still work to meet deadlines JAMES MEADOWS Staff Reporter
The fourth nor’easter of this month struck Philadelphia in two waves — first on Tuesday and second on Wednesday — and in response, many offices, schools, and businesses were forced to close. The snow, which began falling Tuesday – the official first day of spring – accumulated throughout the
day Wednesday and continued into the evening. Forecasters indicated that the heaviest snow began to taper off at 8 p.m., stopping entirely in the early hours of Thursday morning, likely leaving behind between six and 12 inches of snow. SEE SNOW PAGE 7
CHRISTINE LAM | DESIGN EDITOR
SEE FLYER PAGE 3
SEE DELTA SIGMA THETA PAGE 6
Janet Yellen discusses leaving the Federal Reserve during visit 1,000 people heard Yellen talk at Zellerbach Theatre KATIE STEELE Contributing Reporter
Janet Yellen, who served as the chair of the Federal Reserve System from February 2014 to February 2018, discussed her tenure and education at the Annenberg Center’s Zellerbach Theatre on Monday. Her talk with Finance professor Jeremy Siegel drew nearly 1,000 attendees. Yellen, who announced her resignation in November 2017, largely expressed fondness for her time in the role, but also noted a few drawbacks to working in such a highprofile position — specifically the required 24/7 security detail. The hour-and-a-half conversation opened with an introduction from the Vice Dean and Director of Wharton Undergraduate Division Lori Rosenkopf and mainly consisted of Yellen answering questions posed either by Siegel or the attendees. Each time she was asked a question, Yellen broke down her answers into measured and clear ideas — a talent for which she’s been lauded in the past and which appeared to draw upon her experience
as an educator. Siegel’s first question concerned her experiences since stepping down as the chair of the Fed. “In some ways it’s a relief to have a bit more independence,” she said. “It’s a wonderful group of people involved in protecting the Fed chair, but it also has a bit of a feeling of being in jail — with lovely jailers nevertheless.” Siegel then launched a discussion into Yellen’s introduction to the field. Yellen described how she discovered economics as a freshman at Brown University in the 1960s, saying it was “love at first sight.” “Here was a subject that let me use my analytical skills … to contemplate questions that are of firstorder importance to society,” she said. “I loved that combination.” She discussed her transition from Brown to Yale University, from which she eventually received her doctorate in economics in 1971. Yellen briefly mentioned her time in academia when she worked as a faculty member at various institutions including Harvard University, the London School of Economics, and the University of California, Berkeley for several years. Her discussion, however, fo-
cused largely on her subsequent experiences as the Fed chair after her appointment by former President Barack Obama in October 2014. During the conversation, Yellen highlighted the fact that the United States’ unemployment rate decreased from 6.7 percent to 4.1 percent over the course of her tenure. She also noted that the Federal Reserve struggled to meet a target level of 2 percent inflation during her time there, and she believes the current board of governors is still pursuing the same goal. Yellen also commented on her successor Jerome Powell, who was appointed by President Donald Trump, expressing optimism about his unique viewpoint and noting his background in finance. Powell is a former lawyer and investment banker who has served on the Fed’s Board of Governors since 2012. Fed chairs have typically held doctorates in economics, which Powell does not. Charles-Andre Guenette, an MBA candidate at the French business school INSEAD currently on an exchange program with the Wharton School, indicated that he is hopeful about the economy under Powell given Yellen’s optimism, especially considering the differences
OPINION | Snarty in the USA
“We’re Quakers before our majors, our schools, or our tax brackets. That identity is something to be proud of, and something which unites us all. Let’s indulge it.” -Dylan Reim PAGE 4
SPORTS | Ready to Reload
Last year, Penn baseball had one of its most successful seasons in recent memory. After losing four star players to the MLB Draft, the Quakers are back for more this year. PAGE 9 FOLLOW US @DAILYPENN FOR THE LATEST UPDATES ONLINE AT THEDP.COM
CINDY CHEN | ASSOCIATE PHOTO EDITOR
Yellen expressed enthusiasm about her new lower-stress environment. She said she plans to advise researchers and conduct her own economics research at the Brookings Institution in Washington, D.C.
between the two chairs. Since leaving the Fed, Yellen has begun working for the Brookings Institution, an American research group and public policy think tank based in Washington D.C. Penn’s Think Tanks and Civil Societies Program, which compiles a widelyknown annual index of think tanks, has listed Brookings as the “Top
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Think Tank in the World” every year since 2008. Serving as a distinguished fellow in residence with the Brookings Economic Studies program, she plans to conduct research and use her experience to contribute to other projects. She also joins her predecessor Ben Bernanke, who served as Fed chair from 2006 to
2014, at Brookings. Yellen, who was the first woman ever appointed to serve as Fed chair, also expressed hope for more female representation in economics despite some of the barriers that women currently face. “When I look around the table at SEE YELLEN PAGE 7
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