The West’s sanctions on Russia

Jesús Fernández-Villaverde, professor of economics and director of the Penn Initiative for the Study of the Markets, discusses the severity of the sanctions, the effects so far, and the potential reverberations for the rest of the globe.

Kristen de Groot

David Zaring breaks down the Pandora Papers

Following the leak of the Pandora Papers, detailing both legal and illegal financial transactions, there is bipartisan support of more oversight regarding secret trusts, but establishing international regulation continues to be difficult.

Kristina García

Why older Americans are taking on more debt

Older Americans are accumulating more debt as they near retirement, according to research from the Wharton School that reveals a troubling trend in personal finance among people in their 50s and early 60s.

From Knowledge at Wharton

Aging and the costs that come with it

As a high school student, junior Darcey Hookway spent time volunteering on a dementia ward at a local hospital. “The social aspect of their condition really struck me,” says Hookway, who is from London. “They struggled immensely with social isolation. And now with COVID exacerbating that more than ever, I think that’s a huge detriment to their health.”

Katherine Unger Baillie

In the News

The Conversation

Super Bowl ads turn up the volume on cryptocurrency buzz: 6 essential reads about digital money and the promise of blockchain

Kevin Werbach of the Wharton School wrote about the risks and rewards of decentralized finance. While there are benefits to transactions made without the involvement of a financial institution, these unregulated markets are very volatile.


The Wall Street Journal

Over the hedge: Three books on the field’s highs and lows

David Skeel of the Law School reviewed three books about corporate bankruptcy and hedge funds.


The Wall Street Journal

One way to spend less: Spread out your paychecks

Research co-authored by Wendy De La Rosa of the Wharton School found that people who receive daily pay checks spend more than those who are paid less frequently. “Changes in liquidity can really change people’s psyche,” she said.



Nasdaq will fall into bear market, Wharton’s Siegel says

Jeremy Siegel of the Wharton School said the Federal Reserve’s inflation-curbing measures could lead to a 20% decline in the Nasdaq 100 from the November record. “I don’t think the pain is over yet,” he said.


Congress is trying to figure out what to do about crypto’s colossal carbon footprint

Zane Griffin Talley Cooper, a doctoral candidate in the Annenberg School for Communication, said “proof of work” algorithms used to mine and trade cryptocurrencies need to be “intensely regulated.”


The Washington Post

Cryptocurrency is suddenly everywhere — except in the cash register

Sarah Hammer of the Wharton School said cryptocurrency investing isn’t right for everyone. “A fundamental principle of investing is that, as you approach retirement, your portfolio should be less and less volatile, so you can rely on it for retirement income. So it behooves folks to be cautious,” she said.