Economics | Penn Today

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How do consumers respond to surprise medical bills?

New research examines how consumers proceed with choosing medical care after receiving a “surprise bill” from an out-of-network expense.

Trump’s economic outlook is rosy. That could be a problem

The Wharton School’s Alexander Arnon said a slowdown in U.S. economic growth “is in line with our expectations,” due in part to 2017’s tax-cut package, which was largely funded by federal borrowing.

Backup plan is needed to prevent Venezuelan famine

Dorothy Kronick of the School of Arts and Sciences wrote an op-ed about Venezuela’s economic collapse and the resulting food insecurity under de facto president Nicolás Maduro. Kronick proposed allowing Venezuela exemptions from U.S. sanctions in order to prevent starvation.

The NFL player moonlighting as an Ivy League professor

NFL linebacker and Wharton alum Brandon Copeland is co-teaching a financial literacy course with Brian Peterson of the School of Arts and Sciences. “I want you to leave this class feeling a lot more comfortable having these conversations about your money with people,” said Copeland.

Retail’s big mistake: Why slashing payroll cuts into profits

Retailers need to recognize that employees are their most valuable asset in an era of online competition, according to Wharton professors Marshall Fisher, Serguei Netessine, and Santiago Gallino.

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Why a 70 percent top tax rate will miss its mark

Penn Wharton Budget Model’s Richard Prisinzano discusses the idea of raising the top marginal tax rate to as high as 70 percent on income over $10 million.

Stockton starts giving some residents $500 a month to fight poverty

The School of Social Policy & Practice’s Amy Castro Baker will be studying a universal basic income (UBI) experiment in Stockton, Calif. “We see UBI as a nice addition to social policy not a replacement,” Castro Baker said. “This project will help push discourse based on science not just based on assumptions we may have about poor people and what they need.”

A conversation with Kristen Ghodsee

In the second episode of Penn Today’s “Office Hours” podcast series, a casual chat with Professor of Russian and East European Studies Professor Kristen Ghodsee.

Why this New York Jets linebacker wants to help Penn undergrads manage their money

Brandon Copeland, a Penn alum and New York Jets linebacker, wished he’d taken a personal finance course to learn the basics of budgeting, investing, retirement planning, and career basics. Now he’s teaching that very undergraduate class.

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