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Understanding the Inflation Reduction Act
Joe Biden, Chuck Schumer, and Joe Manchin at a bill signing. Biden is sitting at a desk with the Presidential Seal. Schumer and Manchin are standing behind him. Behind all three are two American flags and a third other flag.

President Joe Biden hands the pen he used to sign the Democrats’ landmark climate change and health care bill to Sen. Joe Manchin (D-WV) in the State Dining Room of the White House in Washington, Tuesday, Aug. 16, 2022. (Image: AP Photo/Susan Walsh)

Understanding the Inflation Reduction Act

Penn experts explain the climate, health care, and economic aspects of the legislation that President Biden signed into law this week, plus the politics of getting it passed.

Katherine Unger Baillie , Michele W. Berger , Kristen de Groot , Dee Patel

Travel and the middle class
Image of an airport with a plane attached to the gate

Even as ticket prices are going up, the demand for air travel remains high. The crowding is compounded by an overall shortage of pilots, a lack of staff to check in luggage and long security lines to get to the gates.

Travel and the middle class

With the inflation boom, how long will travel be sustainable?

Kristina García

Inflation hits back-to-school shopping
Car packed with school supplies on top of it and money falling out.

Inflation hits back-to-school shopping

Barbara Kahn, a professor of marketing at the Wharton School, says high inflation makes back-to-school spending harder for families.

Dee Patel

A fish harvest that’s more sustainable—and tastier, too
Wharton graduate Saif Khawaja

Saif Khawaja, a graduate of Wharton, is one of the winners of the inaugural Penn President’s Sustainability Prizes.

A fish harvest that’s more sustainable—and tastier, too

December graduate Saif Khawaja’s President’s Sustainability Prize is helping him build Shinkei Systems, a company that has developed a robotics-based system for minimizing waste in the fishing industry.

Katherine Unger Baillie

TV news top driver of political echo chambers in U.S.
An illustration of an old television with a person in sunglasses on it. On top sits a laptop computer with an arm reaching out past the screen, holding a rolled up newspaper. Another newspaper lays flat on top of the screen.

TV news top driver of political echo chambers in U.S.

Duncan Watts and colleagues found that 17% of Americans consume television news from partisan left- or right-leaning sources compared to just 4% online. For TV news viewers, this audience segregation tends to last month over month.

Michele W. Berger

How firms can overcome the ‘paradox of preparedness’
Dominoes about to fall on a tiny person holding a briefcase

How firms can overcome the ‘paradox of preparedness’

George Day of the Wharton School and global management consultant Roger Dennis offer four pieces of advice for firms who want to get ahead of looming problems.

From Knowledge at Wharton

Wharton students go international
Six Wharton students riding bikes on a bridge at night.

Wharton students go international

Undergraduate students participated in a 10-day Wharton International Program to visit business and cultural sites in England and Ireland.

Dee Patel

A cleaner, greener airport of the future
Six students stand around a poster with wind turbines and airplanes on it

A cleaner, greener airport of the future

Six students from across the University presented their vision of an airport equipped with carbon-capturing technology and an electrified vehicle fleet at a NASA competition, garnering the “Most Intriguing Concept” award.

Katherine Unger Baillie

Penn Glee Club performs on its first European tour as a gender-inclusive choir
Glee Club members in formalwear gathered together in ballroom under crystal chandeliers

On the first traveling tour with a gender-inclusive choir, 54 members of the Penn Glee Club performed in Spain and France. They debuted new formalwear before an audience of Penn alumni at the Ritz in Paris. 

Penn Glee Club performs on its first European tour as a gender-inclusive choir

On the first traveling tour as a gender-inclusive choir, the Penn Glee Club performed before audiences that included alumni in a Paris ballroom and passers-by on the streets of Barcelona.