Education, Business, & Law

Prepare for a slowdown, not a recession

According to Wharton finance professor Jeremy Siegel, a recession is inevitable, but when? Historic indicators of a recession are present, but demographic shifts make predictions less reliable.

Penn Today Staff

Easing the transition from summer to school

Penn GSE’s Linda Leibowitz has a few suggestions for parents and caregivers who are keen to smooth their kids’ transition from summer back to school.

Penn Today Staff

Will Amazon’s plan to ‘upskill’ its employees pay off?

Wharton’s Matthew Bidwell discusses Amazon’s $700 million plan to retrain its workforce with “pathways to careers” in machine learning, manufacturing, robotics, and computer science, while facing mounting personnel and safety issues and concerns at its warehouses.

Penn Today Staff



In the News


The Washington Post

The GAO told the government in 2015 to develop a plan to protect the aviation system against an outbreak. It never happened

Howard Kunreuther of the Wharton School said good leadership is critical in preparing government agencies for catastrophic events. “You cannot deal with this at the level of just saying let each agency operate,” he said. “You need to have some way to bring them together and to indicate that this is a problem, which cannot be solved by one agency alone. That is something that leadership is going to have to suggest—‘This is the way to do it’—and we don’t have that right now.”

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The Chronicle of Higher Education

Will coronavirus close your college for good?

Robert Zemsky of the Graduate School of Education spoke about the coronavirus pandemic’s impact on the financial health of higher education.

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Reuters

Delivery drivers face pandemic without sick pay, insurance, sanitizer

Matthew Bidwell of the Wharton School spoke about the pandemic-related changes to working conditions for contract employees. “It’s very sad because three weeks ago we were in a historically tight labor market,” he said. “It was forcing employers for the first time in a long time to offer more perks and more benefits. They no longer have that pressure.”

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The New York Times

Businesses face a new coronavirus threat: Shrinking access to credit

Krista Schwarz of the Wharton School spoke about how businesses are coping with the financial impact of the coronavirus pandemic. “Everyone is just trying to get by day to day at the moment,” she said. “Right now is not the time to grow the company—it’s the time to stay solvent.”

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The New York Times

A conservative agenda unleashed on the federal courts

Stephen Burbank of the Law School spoke about trend by recent presidents to draw the federal judiciary into policy debates. “The problem as I see it is not that judges differ ideologically—of course they do—nor is it that a Republican president would look for someone with congenial ideological preferences,” he said. “It’s that in recent decades the search has been for hard-wired ideologues because they’re reliable policy agents.”

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