Education, Business, & Law

Lessons from the Silicon Valley Bank collapse

Wharton finance professor Itamar Drechsler discusses what led to the collapse of SVB and the questions it raises for banks, depositors, and regulators going forward.

From Knowledge at Wharton

Does more money correlate with greater happiness?

Reconciling previously contradictory results, researchers from Penn and Princeton find a steady association between larger incomes and greater happiness for most people but a rise and plateau for an unhappy minority.

Michele W. Berger

In the News

The Washington Post

ChatGPT took their jobs. Now they walk dogs and fix air conditioners

Ethan Mollick of the Wharton School says that the current automation threat is to the highest-earning, most creative jobs that require the most education background.


Associated Press

How and when to remove children from their homes? A federal lawsuit raises thorny questions

PIK Professor Dorothy Roberts explains why the child welfare system can be particularly risky for Black and Indigenous families.


The Washington Post

We ordered over $100 of delivery. Here’s how much the restaurants, drivers and apps made

Lindsey Cameron of the Wharton School says that, when it comes to information on fees, the opacity of food delivery apps is a deliberate feature, not a bug.


The Wall Street Journal

Why you should dictate your search, not type it

A study by Shiri Melumad of the Wharton School finds that dictating online search queries using voice technology leads to better results than typing them.


The ticking time bomb in America’s downtowns

Susan Wachter of the Wharton School says that banks are notoriously bad owners for making real estate decisions, since they’re not entrepreneurs and aren’t in a position to actively manage buildings.