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Biden’s infrastructure plan would cut U.S. debt and slightly increase economic growth, Wharton study finds

Biden’s infrastructure plan would cut U.S. debt and slightly increase economic growth, Wharton study finds

A study from the Wharton School found that a proposed bipartisan infrastructure deal would increase economic growth and decrease the national debt. Wharton’s Jon Huntley said the plan differs from the original one proposed by the Biden administration in that it doesn’t raise corporate tax rates.

Capitalism: What is it?

Capitalism: What is it?

Kristen Ghodsee of the School of Arts & Sciences and other experts discussed capitalism. “What we need is to actually rein in some of the free market fundamentalist ideology, which has led us down a path where a lot of people are pretty miserable,” she said.

The ins and outs of research, through a yearlong practicum
Two people standing outside, with a bridge and trees blurry in the background. One, in a blue button-down shirt and khakis, stands with hands in pockets. The other, in a red dress, stands with arms crossed.

Through a yearlong practicum taught by William (Zev) Berger (left), a fellow with the Philosophy, Politics, and Economics program at Penn, rising senior Jeanica Geneus and four classmates learned how the research process works, including what to do when the results are unexpected.

The ins and outs of research, through a yearlong practicum

The course, which just completed its third iteration, takes undergrads through the process, from generating a hypothesis and creating experiments to analyzing results and writing a paper. The most recent cohort studied mentorship and educational inequality.

Michele W. Berger

What role does the Fed have in mitigating climate change?

What role does the Fed have in mitigating climate change?

Christina Skinner of the Wharton School spoke about how the U.S. Federal Reserve can address climate change. While the Fed can adjust monetary policy to mitigate loss, it can’t do things like “using its balance sheet to go out into the world and buy green bonds. To try and direct the flow of capital in that direction is not really on the table like it is for some other central banks,” she said.

How child tax credits will affect American families
Woman sits at a desk with a baby

Approximately 39 million households across the country will receive the child tax credits, which are projected to cut child poverty in half, says Amy Castro Baker.

How child tax credits will affect American families

Social scientists Amy Castro Baker and Pilar Gonalons-Pons weigh in on how expanded child tax credits beginning July 15 as part of the American Rescue Plan Act of 2021 will impact poverty, gender relations, and future policy

Kristina Linnea García

How foreign work visas benefit the U.S. economy
Closeup of foreign visa.

How foreign work visas benefit the U.S. economy

Wharton’s Britta Glennon discusses what the reversal of the previous administration’s work visa ban means for the U.S. economy.

From Knowledge at Wharton