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How gross inequalities in institutional wealth distort the higher education ecosystem and shortchange the vast majority of middle- and lower-income undergraduates
Inside Higher Ed

How gross inequalities in institutional wealth distort the higher education ecosystem and shortchange the vast majority of middle- and lower-income undergraduates

Penn is noted for its pledge to contribute $100 million over 10 years to renovate decrepit Philadelphia schools, potentially assisting a more diverse student body.

Mar 20, 2023

Why $17 billion in Credit Suisse bonds became worthless
The Washington Post

Why $17 billion in Credit Suisse bonds became worthless

Richard Herring of the Wharton School says that the market for CoCo bonds will be beaten down for some time, though the losses are unlikely to have large spillover effects to other types of bonds.

Mar 20, 2023

Credit Suisse and SVB: Is global banking in crisis?
Al Jazeera

Credit Suisse and SVB: Is global banking in crisis?

David Skeel of Penn Carey Law says that the Silicon Valley Bank collapse is going to force a rethinking of the regulatory framework, especially the treatment of uninsured deposits.

Mar 21, 2023

The ‘everything shower’ goes way beyond shampoo and conditioner
The Wall Street Journal

The ‘everything shower’ goes way beyond shampoo and conditioner

Cait Lamberton of the Wharton School says that consumers are likely to splurge on premium hair or body products due to their relative affordability compared to other luxury items.

Mar 21, 2023

https://bit.ly/40pNxZa
The Washington Post

https://bit.ly/40pNxZa

Postdocs Amritha Mallikarjun and Clara Wilson at the School of Veterinary Medicine comment on the difference between a human linguistic interface and a dog’s understanding of matching symbols and buttons to objects and actions.

Mar 21, 2023

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