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Economics

The economy and you
Stock market icons and daily life images.

Image: iStock/ekapol

The economy and you

The latest episodes of the Wharton School’s faculty research podcast, ‘Ripple Effect,’ delve into the economics of the U.S. housing market, public policy, the possibility of recession, and the Federal Reserve.

From Knowledge at Wharton

Inside Google’s plan to stop Apple from getting serious about search
The New York Times

Inside Google’s plan to stop Apple from getting serious about search

Gus Hurwitz of Penn Carey Law says that regulations intended to help smaller companies enter the marketplace can frequently be used by incumbents to gain advantage over their rivals.

America’s headed for an interest payment crisis
Newsweek

America’s headed for an interest payment crisis

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.

A look at former Penn economics professor Claudia Goldin’s Nobel-winning work
Two men and three women sit at desks with typwriters, rotary dial phones and desk calendars in an office in the 1950s.

Workers in Rayburn House Office Building in Washington, D.C., in 1959.

(Image: CQ Roll Call via AP Images)

A look at former Penn economics professor Claudia Goldin’s Nobel-winning work

Penn economists Jere Behrman, who overlapped with Goldin during her time at Penn, and Petra Todd, whose students have been motivated by Goldin’s work, talk about the importance of her research. 

Kristen de Groot

Increasing minimum wage has positive effects on employment
A fast food kitchen employee holding two hot dogs.

Image: iStock/shironosov

Increasing minimum wage has positive effects on employment

The results of a new study from Penn’s School of Social Policy & Practice applies to the fast-food sector and the entire low-wage labor market.

From the School of Social Policy & Practice

Regulators are trying to stop greenwashing before it gets worse
Bloomberg

Regulators are trying to stop greenwashing before it gets worse

Danny Cullenward of the Kleinman Center for Energy Policy at the Weitzman School of Design says that Europe’s climate regulators are far more active, whereas cycles of enforcement through litigation are more likely to determine whether a similar level of attention emerges in the U.S.

Recession or soft landing?
Closeup Benjamin Franklin face on USD banknote with stock market chart graph for currency exchange and global trade forex concept.

Susan Wachter, of the Wharton School and the Penn Institute for Urban Research, co-hosts the monthly webinar with William Glasgall, a Penn IUR Fellow, featuring panel discussions about the COVID-19 pandemic’s fiscal effects on cities and states. Penn Today spoke with Wachter and Glasgall about the latest episode, which explores effects of the Federal Reserve’s interest rate hikes.

(Image: iStock / Dilok Klaisataporn)

Recession or soft landing?

Susan Wachter and William Glasgall of the Penn Institute for Urban Research discuss key takeaways from their webinar on interest rate increases by the Federal Reserve.