Education, Business, & Law

How banks could protect themselves from runs

The 2023 banking crisis brought into sharp focus the downsides of rising interest rates and uninsured deposits. New research co-authored by Wharton’s Itamar Drechsler offers banks a way to manage those risks.

From Knowledge at Wharton

Fair use in visual arts

Penn Carey Law’s Cynthia Dahl weighs in on the SCOTUS decision regarding Andy Warhol and fair use in art.

From Penn Carey Law

Cary Coglianese on regulating machine learning

The Edward B. Shils Professor of Law and Professor of Political Science analyzes the Biden administration’s recent actions concerning the federal government’s use of artificial intelligence.

From Penn Carey Law



In the News


Bloomberg

ChatGPT will come for partners’ work in contract law, says prof

David Hoffman of Penn Carey Law says that “generative interpretation” can replace the messy and expensive way lawyers currently hash out the meaning of words in legal agreements, using dictionaries and Latin canons.

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Axios

Wawa marks a 60th anniversary milestone

Barbara Kahn of the Wharton School says that Wawa’s endurance has been fueled by authenticity, a fun name, and its offering of fresh quality foods.

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CNN

Why Corporate America is keeping quiet on abortion

In a Q&A, Cait Lamberton of the Wharton School discusses the changing winds of corporate activism and the dilemma business leaders find themselves in with abortion.

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CNN

Here’s what would happen to the US economy if there are no rate cuts this year

Itay Goldstein of the Wharton School says stock market prices still reflect the expectation that the Federal Reserve will cut rates later this year, even with the recent selloff.

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The New York Times

Biden’s student loan repayment plan is being challenged. Here’s what to know

Kent Smetters of the Wharton School attributes $235 billion of the cost of the SAVE loan repayment plan to its increased generosity relative to existing plans.

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