Economics

Olivia Mitchell of the Wharton School says that many older Americans have very little, often illiquid, savings.

Jill Fisch of Penn Carey Law says that a close relationship between CEO and chair can cause a company to lose the benefit of independent oversight.

Jeremy Siegel of the Wharton School says that there is zero chance the debt issue will not be resolved, though there will be posturing and debate up until the last minute.

Olivia Mitchell of the Wharton School explains the nature of the debt ceiling and how the United States Treasury issues debt through securities.

Jeremy Siegel of the Wharton School said that “shrapnel” from the Fed’s rate hikes took down Silicon Valley Bank and may send the economy into recession in the process.

Kent Smetters of the Wharton School says that a government default would make it hard to access credit.

Kent Smetters of the Wharton School says that each side of the political aisle can blame the other, but that the U.S. national debt is mathematically just a mismatch.

A 2013 paper co-authored by Olivia Mitchell of the Wharton School is widely quoted for its critique of the way financial literacy programs are taught.