Economics

Prepare for a slowdown, not a recession

According to Wharton finance professor Jeremy Siegel, a recession is inevitable, but when? Historic indicators of a recession are present, but demographic shifts make predictions less reliable.

Penn Today Staff

Will Amazon’s plan to ‘upskill’ its employees pay off?

Wharton’s Matthew Bidwell discusses Amazon’s $700 million plan to retrain its workforce with “pathways to careers” in machine learning, manufacturing, robotics, and computer science, while facing mounting personnel and safety issues and concerns at its warehouses.

Penn Today Staff

Why are U.S. hospitals closing?

Wharton’s Lawton Burns discusses the closure of Philadelphia’s Hahnemann University Hospital and the trend of medical facilities shuttering nationwide.

Penn Today Staff

How states can help police mortgage-lending practices

Wharton’s Brian Feinstein discusses his research on how judicial foreclosure can help states fill the policy gap left by the federal government’s pullback from regulatory enforcement of mortgage-lending.

Penn Today Staff

Regulating big tech

Wharton’s Eric K. Clemons discusses the pros and cons of boosting regulations on big technology companies such as Facebook, Amazon, Google, and Apple, after years of being penalized in Europe for anticompetitive practices. 

Penn Today Staff

Can we tax our way into healthier behavior?

Wharton’s Benjamin Lockwood’s research works to determine the optimal rate for so-called sin taxes, like Philadelphia’s tax on soda, and asks at what point does a tax lead to healthier choices?

Penn Today Staff



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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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