Economics

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

How the U.S. rental market is increasing inequality

Wharton's Benjamin Keys, Zillow's Aaron Terrazas and the Brookings Institution's Jenny Schuetz explain how an increase in the number of luxury rentals on the market means declining high-end rents, while affordable rent for the working class continues to be a struggle.

Penn Today Staff

Regulating ride-sharing

Wharton professors discuss New York City’s regulations on ride-hail companies such as Uber and Lyft, capping the number of vehicles on the road for one year, and requiring that drivers be paid a minimum wage.

Penn Today Staff

Camille Z. Charles on the 50th anniversary of the Fair Housing Act

Camille Z. Charles, professor of sociology, Africana studies, and education, and director of the Center for Africana Studies, talks about residential segregation and the promises and failures of the Fair Housing Act in light of the legislation’s 50th anniversary.

Penn Today Staff

Why the U.S. and China would both lose a new cold war

According to Wharton Dean Geoffrey Garrett, with each passing day, the U.S.-China standoff is looking less like a trade war and more like a “new cold war” between the world’s two most powerful countries.

Penn Today Staff

Digital currency ‘Initial Coin Offerings’ expose investors to risks

A research team led by Penn Law professor David Hoffman has conducted the first detailed analysis of Initial Coin Offerings of virtual currencies, revealing the estimated $25 billion dollar industry’s protections against self-dealing may leave investors exposed to risks they don’t anticipate from issuers.

Penn Today Staff

A cryptocurrency collaboration

A partnership with Ripple, the University Blockchain Research Initiative, will bring innovation to cryptocurrency and blockchain.

Penn Today Staff



In the News


The Independent

How the stock market could be last guardrails to corral Trump’s wildest whims

Jeremy Siegel of the Wharton School says that Donald Trump measured his success in his first term by the performance of the stock market.

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Bloomberg

How the subtle but significant consequences of a hotter planet have already begun

R. Jisung Park of the School of Social Policy & Practice discusses his book “Slow Burn: The Hidden Costs of a Warming World.”

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Business Insider

The fight over Jerome Powell puts Elon Musk at odds with Wall Street

Jeremy Siegel of the Wharton School says that virtually every economist and most members of Congress value the independence of the Federal Reserve.

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CNBC

Wharton’s Siegel says an extension of the 2017 tax cuts is certain with a Republican House majority

Jeremy Siegel of the Wharton School discusses the state of the economy and what to expect from the Federal Reserve in December.

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MarketWatch

Another Trump presidency could be a boon for the dollar — but some expect a bumpy ride

Jeremy Siegel of the Wharton School says that a rebellion by the “bond vigilantes” could impede some of the Republicans’ tax-cut agenda.

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CNBC

President-elect Trump is the most pro-stock market president in history: Wharton’s Jeremy Siegel

Jeremy Siegel of the Wharton School discusses the outcome of the presidential election, its impact on markets and the economy, and the independence of the Federal Reserve.

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