Business

A paper co-authored by Christina Skinner of the Wharton School argues that if the Federal Reserve was a private-sector bank, it could face a takeover, bankruptcy, or liquidation.

An analysis by Joseph Gyourko of the Wharton School evaluated how much zoning and related restrictions added to the cost of a typical quarter-acre lot from 2013 to 2018, by metro region.

An analysis by Kent Smetters of the Wharton School estimates that the U.S. has about 20 years for corrective action to cut the national debt, after which no amount of future tax increases or spending cuts could avoid the government defaulting on its debt.

Peter Conti-Brown of the Wharton School says that the Federal Reserve’s vice chair of supervision, Michael Barr, needs to be an aggressive leader when creating policy precedents.

PIK Professor Herbert Hovenkamp says that Google’s conduct in its antitrust case is subtler than Microsoft’s, which was harsh and had little pro-competitive justification for its actions.

Kevin Werbach of the Wharton School says that the problem with net neutrality repeal was the FCC’s refusal to take any oversight, not the long-feared doomsday of the internet.

Kent Smetters of the Wharton School says that interest payments will likely overcome the amount the U.S. spends on national defense within a couple years.

Brian Berkey of the Wharton School says that “effective altruism” is a philosophy that aims to do as much good as possible by making informed decisions about which charitable causes to support.