Where economic modeling meets real-world legislation Junghoon Lee (left), director of engineering and data at the Penn Wharton Budget Model (PWBM), and Kent Smetters (right). The PWBM is the only non-governmental group analyzing how public policy simultaneously affects the federal budget, macroeconomic growth, and human welfare.nocred Where economic modeling meets real-world legislation The Penn Wharton Budget Model is the only non-governmental group analyzing how public policy simultaneously affects the federal budget, macroeconomic growth, and human welfare. 3 min. read
Gig workers feel pain at the pump as gas prices hit 21-month highs Penn In the News CNBC Gig workers feel pain at the pump as gas prices hit 21-month highs Lindsey Cameron of the Wharton School comments on the effect of gas prices on gig workers. A look inside the political economy of early America A 1700s etching of Boston, seen from the southeast, by engraver John Carwitham.(Image: Library of Congress) A look inside the political economy of early America Penn economist Fernando Arteaga shares insights into the factors that led to the American Revolution and the later institutions that created the strong U.S. national economy. 3 min. read How markets can help society adapt to climate change Image: Kindamorphic via Getty Images How markets can help society adapt to climate change Environmental and labor economist R. Jisung Park co-authored a new paper reporting that carefully designed markets and supportive public policy can help individuals and communities more effectively approach climate adaptation. 2 min. read How even mortgage rates are impacted by the war in the Middle East Penn In the News Marketplace (NPR) How even mortgage rates are impacted by the war in the Middle East Susan Wachter of the Wharton School discusses the effect of oil prices on the rate of inflation. Historian, scholar, and best-selling author Michael Beschloss to speak at Penn’s 270th Commencement Award-winning presidential historian and scholar Michael Beschloss will be receiving an honorary doctor of letters degree at Penn’s 270th Commencement.(Image: Stephen Voss) Historian, scholar, and best-selling author Michael Beschloss to speak at Penn’s 270th Commencement At the Commencement ceremony on Monday, May 18, Beschloss will receive an honorary degree, along with the other 2026 Penn honorary degree recipients. 5 min. read Anthropomorphizing AI Anthropomorphizing AI Artificial intelligence doesn’t make decisions like a human, but according to research from Arts & Sciences economics professor Kevin He, people seem to think it does. 2 min. read Baking can help explain why markets don't always react to big news Penn In the News Marketplace (NPR) Baking can help explain why markets don't always react to big news Sasha Indarte of the Wharton School compares baking ingredients to economic indicators, such as job reports and inflation numbers, describing them as the “forecast” or “batter’ of a recipe. Job growth, immigration are directly related, new Fed study argues Penn In the News Marketplace (NPR) Job growth, immigration are directly related, new Fed study argues Zeke Hernandez of the Wharton School says fewer immigrants also means less tax money collected and less consumer spending. We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Penn In the News Yahoo! Finance We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Mohamed El-Erian of the Wharton School assesses current forecasts for economic data and the U.S. labor market. Load More
A look inside the political economy of early America A 1700s etching of Boston, seen from the southeast, by engraver John Carwitham.(Image: Library of Congress) A look inside the political economy of early America Penn economist Fernando Arteaga shares insights into the factors that led to the American Revolution and the later institutions that created the strong U.S. national economy. 3 min. read
How markets can help society adapt to climate change Image: Kindamorphic via Getty Images How markets can help society adapt to climate change Environmental and labor economist R. Jisung Park co-authored a new paper reporting that carefully designed markets and supportive public policy can help individuals and communities more effectively approach climate adaptation. 2 min. read
How even mortgage rates are impacted by the war in the Middle East Penn In the News Marketplace (NPR) How even mortgage rates are impacted by the war in the Middle East Susan Wachter of the Wharton School discusses the effect of oil prices on the rate of inflation. Historian, scholar, and best-selling author Michael Beschloss to speak at Penn’s 270th Commencement Award-winning presidential historian and scholar Michael Beschloss will be receiving an honorary doctor of letters degree at Penn’s 270th Commencement.(Image: Stephen Voss) Historian, scholar, and best-selling author Michael Beschloss to speak at Penn’s 270th Commencement At the Commencement ceremony on Monday, May 18, Beschloss will receive an honorary degree, along with the other 2026 Penn honorary degree recipients. 5 min. read Anthropomorphizing AI Anthropomorphizing AI Artificial intelligence doesn’t make decisions like a human, but according to research from Arts & Sciences economics professor Kevin He, people seem to think it does. 2 min. read Baking can help explain why markets don't always react to big news Penn In the News Marketplace (NPR) Baking can help explain why markets don't always react to big news Sasha Indarte of the Wharton School compares baking ingredients to economic indicators, such as job reports and inflation numbers, describing them as the “forecast” or “batter’ of a recipe. Job growth, immigration are directly related, new Fed study argues Penn In the News Marketplace (NPR) Job growth, immigration are directly related, new Fed study argues Zeke Hernandez of the Wharton School says fewer immigrants also means less tax money collected and less consumer spending. We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Penn In the News Yahoo! Finance We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Mohamed El-Erian of the Wharton School assesses current forecasts for economic data and the U.S. labor market. Load More
Historian, scholar, and best-selling author Michael Beschloss to speak at Penn’s 270th Commencement Award-winning presidential historian and scholar Michael Beschloss will be receiving an honorary doctor of letters degree at Penn’s 270th Commencement.(Image: Stephen Voss) Historian, scholar, and best-selling author Michael Beschloss to speak at Penn’s 270th Commencement At the Commencement ceremony on Monday, May 18, Beschloss will receive an honorary degree, along with the other 2026 Penn honorary degree recipients. 5 min. read
Anthropomorphizing AI Anthropomorphizing AI Artificial intelligence doesn’t make decisions like a human, but according to research from Arts & Sciences economics professor Kevin He, people seem to think it does. 2 min. read
Baking can help explain why markets don't always react to big news Penn In the News Marketplace (NPR) Baking can help explain why markets don't always react to big news Sasha Indarte of the Wharton School compares baking ingredients to economic indicators, such as job reports and inflation numbers, describing them as the “forecast” or “batter’ of a recipe. Job growth, immigration are directly related, new Fed study argues Penn In the News Marketplace (NPR) Job growth, immigration are directly related, new Fed study argues Zeke Hernandez of the Wharton School says fewer immigrants also means less tax money collected and less consumer spending. We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Penn In the News Yahoo! Finance We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Mohamed El-Erian of the Wharton School assesses current forecasts for economic data and the U.S. labor market. Load More
Job growth, immigration are directly related, new Fed study argues Penn In the News Marketplace (NPR) Job growth, immigration are directly related, new Fed study argues Zeke Hernandez of the Wharton School says fewer immigrants also means less tax money collected and less consumer spending. We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Penn In the News Yahoo! Finance We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Mohamed El-Erian of the Wharton School assesses current forecasts for economic data and the U.S. labor market. Load More
We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Penn In the News Yahoo! Finance We’re ‘not quite understanding‘ the labor market: Mohamed El-Erian Mohamed El-Erian of the Wharton School assesses current forecasts for economic data and the U.S. labor market.