Education, Business, & Law

Income and Wealth Inequality Make Recessions Worse, Penn Research Reveals

“The Great Recession is the biggest economic downturn since the Great Depression of the 1930s. If you can’t make an argument that inequality matters for the severity of this downturn, then it’s unlikely to matter much for smaller recessions, or for normal times.”

Michele W. Berger

Exploring and Connecting Through the Penn Reading Project

When incoming freshman at the University of Pennsylvania are introduced to academic life through the Penn Reading Project this summer, the content of the material won’t be a book but a movie, “Citizen Kane.”

Jeanne Leong

Penn Philosophy Grad Student Studies Morality, Social Norms

Try this thought experiment from the world of philosophy. Imagine a train moving quickly down a track. On its current route, call it Path A, five people stand fixed in place; in another direction, Path B, one immoveable individual waits. A single flip of a switch, at which you happen to be standing, shifts the train’s direction from Path A to B, saving five people but dooming one.

Michele W. Berger



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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Business Insider

The hidden risk factor investors may be missing in stocks, bonds, and options

A study by Nikolai Roussanov of the Wharton School and colleagues finds that stocks, bonds, and options strategies could have more correlated risk than is evident on the surface.

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The Wall Street Journal

How AI could help bring down the cost of college

Kartik Hosanagar of the Wharton School explains how AI could bring down prices for more complex and expensive services like higher education.

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CNN

Grocery prices are high. Trump’s mass deportations could make matters worse

Zeke Hernandez of the Wharton School says that the U.S. economy is reliant on the supply of immigrant workers.

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Inc.

Why the return to office workforce is coming back less diverse

A study by the Wharton School found that changing job openings to remote work at startups increased female applicants by 15% and minority applicants by 33%.

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