Economics

What changes will the EU see in 2019?

Wharton finance professor Joao Gomes discusses Brexit, trade issues between the union and its partners, the migration crisis, the growth of populism across the region, and a shaky relationship with the Trump administration. 

Penn Today Staff

Making sense of the war on Huawei

In an opinion piece, Wharton dean Geoffrey Garrett weighs in on the arrest of Meng Wanzhou, CFO of Huawei, and argues it is only the beginning of what is clearly becoming the U.S. government’s war on the Chinese tech firm.

Penn Today Staff

Exploring the human propensity to cooperate

Working with a nomadic group in Tanzania, one of the last remaining nomadic hunter-gatherer populations, Penn psychologists show that cooperation is flexible, not fixed.

Michele W. Berger

The auto bailout 10 years later: Was it the right call?

Wharton's John Paul MacDuffie discusses the GM and Chrysler $80 billion bailouts in 2009, and whether the consequences of the free market or the government should have determined the future of a failing company with 3 million of jobs at risk.

Penn Today Staff

How the Great Recession changed American workers

Wharton experts argue that the fallout from the Great Recession of 2008 persists today. Fewer home owners, increasing retirement age, and lingering debt, plus a debate about the true cause of the financial meltdown continues one decade later.

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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