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

The risky business of homeowners insurance

State Farm, the largest insurer in California, has stopped writing new home insurance policies there, citing “rapidly growing catastrophe exposure.” In a Q&A, Wharton’s Benjamin Keys discusses climate change and its risk to the real estate market.

Kristina García

In the News Philly

Philly high schoolers develop easy app to help predict the true cost of college

Finiverse, a project run out of the Wharton School’s Stevens Center, helps high school students assess what a college education might mean for their financial situation.



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.


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.



U.S. weighs ban on charging buyers for lender title insurance

Benjamin Keys of the Wharton School says that shifting title insurance costs to lenders won’t solve the current problem with the mortgage market.



Hedge funder famous for his ‘black swan’ strategy says there’s ‘something immoral’ about America’s reliance on debt—and future generations ‘will bear the burden for this’

A 2023 study by the Wharton School found that the U.S. has about 20 years left for corrective action to fix the national debt before it hits 200% of GDP.



The cult of tax efficiency: The totally legal way that Tesla, Ford, Netflix and dozens of other large companies use U.S. law to pay their C-suite more than Uncle Sam

According to Jennifer Blouin of the Wharton School, the federal government considers carrying over corporate losses from less- to more-profitable years a nice way to help companies over bumpy times.