Economics

Can the U.S. avoid a recession?

Many economists are warning of a recession, while Wall Street bulls are saying those fears are overblown. Wharton experts weigh in on what’s ahead for the U.S. economy.

From Knowledge at Wharton

A Wharton initiative championing global change

The Ideas for Action Wharton undergraduate student club is a joint initiative with the Zicklin Center for Business Ethics Research to engage youth around the world in developing solutions to global challenges.

Dee Patel

How economic sanctions are affecting Russia

Wharton’s Nikolai Roussanov speaks about the impact of Western sanctions on the Russian economy, as Russian citizens are seeing their purchasing power erode sharply because of the depreciation of the ruble.

From Knowledge at Wharton



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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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