Economics

How the U.S. rental market is increasing inequality

Wharton's Benjamin Keys, Zillow's Aaron Terrazas and the Brookings Institution's Jenny Schuetz explain how an increase in the number of luxury rentals on the market means declining high-end rents, while affordable rent for the working class continues to be a struggle.

Penn Today Staff

Regulating ride-sharing

Wharton professors discuss New York City’s regulations on ride-hail companies such as Uber and Lyft, capping the number of vehicles on the road for one year, and requiring that drivers be paid a minimum wage.

Penn Today Staff

Camille Z. Charles on the 50th anniversary of the Fair Housing Act

Camille Z. Charles, professor of sociology, Africana studies, and education, and director of the Center for Africana Studies, talks about residential segregation and the promises and failures of the Fair Housing Act in light of the legislation’s 50th anniversary.

Penn Today Staff

Why the U.S. and China would both lose a new cold war

According to Wharton Dean Geoffrey Garrett, with each passing day, the U.S.-China standoff is looking less like a trade war and more like a “new cold war” between the world’s two most powerful countries.

Penn Today Staff

Digital currency ‘Initial Coin Offerings’ expose investors to risks

A research team led by Penn Law professor David Hoffman has conducted the first detailed analysis of Initial Coin Offerings of virtual currencies, revealing the estimated $25 billion dollar industry’s protections against self-dealing may leave investors exposed to risks they don’t anticipate from issuers.

Penn Today Staff

A cryptocurrency collaboration

A partnership with Ripple, the University Blockchain Research Initiative, will bring innovation to cryptocurrency and blockchain.

Penn Today Staff

Breaking the bank

Economics professor Jesus Fernandez-Villaverde reveals that Bitcoin is not the first private currency in history, and may face regulation in the future.

Penn Today Staff



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In the News


Christian Science Monitor

A majority of Americans no longer trust the Supreme Court. Can it rebuild?

Matthew Levendusky of the School of Arts & Sciences says that a partisan trust gap has emerged in public perception of the Supreme Court as a conservative institution.

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The New York Times

We don’t see what climate change is doing to us

In an Op-Ed, R. Jisung Park of the School of Social Policy & Practice says that public discourse around climate change overlooks the buildup of slow, subtle costs and their impact on human systems.

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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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Inside Higher Ed

Report: Biden’s new debt relief plan estimated to cost $84 billion

According to economists at the Penn Wharton Budget Model, President Biden’s new plan to forgive some or all student loans for 26 million Americans would cost about $84 billion over 10 years.

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Kiplinger

Can money buy you happiness? Yes, it can. However…

Research by Matthew Killingsworth of the Wharton School reveals there is no monetary threshold at which money's capacity to improve well-being diminishes.

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