Business

What’s the future of cities?

Before COVID-19, major U.S. urban centers were enjoying a resurgence. Now decreased occupancy has downtown economies and municipal budgets feeling the pinch. Wharton faculty research suggests that how cities navigate the next few years could be crucial.

Janine White for Wharton Magazine

New books from Wharton faculty

The latest installments of The Wharton School’s faculty research podcast, “Ripple Effect,” showcases recent books on leadership, customer service, immigration, and the power of data.

From Knowledge at Wharton



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In the News


Newsweek

Donald Trump gets bad news about his Social Security taxes plan

A study by Kent Smetters of the Penn Wharton Budget Model and colleagues estimates that cutting taxes on Social Security benefits could cost the federal government $1.5 trillion during the next decade and exacerbate Social Security’s projected funding shortfalls.

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The New York Times

Trump argues that courts cannot block Musk’s team from Treasury systems

David Zaring of the Wharton School says that the idea of a professionalized civil service has been around since the 19th century.

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Barron’s

The U.S. can’t grow its way out of debt. Here’s what it can do

A package of 13 major tax and spending reforms proposed by the Penn Wharton Budget Model could reduce the deficit by $10 trillion during the 10-year budget window and generate $59 trillion in net revenue by 2054.

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Reuters

Trump names Paul Atkins to lead U.S. SEC

Jill Fisch of Penn Carey Law says that SEC nominee Paul Atkins has deep expertise at the SEC and in overall capital markets regulation.

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Bloomberg

Delaware judge who rejected Musk’s payday faces backlash

Jill Fisch of Penn Carey Law says that Delaware Judge Kathaleen St. J. McCormick has shown a great deal of courage and integrity by not backing down from her rulings against Elon Musk.

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Axios

Elon Musk’s net worth balloons despite court rejecting Tesla pay package

Jill E. Fisch of Penn Carey Law says that Tesla’s creation of a new compensation plan could come with unintended ramifications like higher costs, greater dilution of shares, and tax consequences.

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