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Home Insurance Rates in America Are Wildly Distorted. Here’s Why.

National Bureau of Research map showing annual home insurance premiums across the US in 2023.

(Outlet: The New York Times) Climate change is driving rates higher, but not always in areas with the greatest risk. Getting a detailed look at the cost of insurance in different parts of the United States has been almost impossible until now because private insurers don’t publicly disclose what they charge. But two researchers, Benjamin Keys, a professor of real estate at the University of Pennsylvania’s Wharton School, and Philip Mulder, a professor at the University of Wisconsin School of Business, found a workaround.…Read More

Meet Seven New Members of Incoming MBA Class of 2026

Wharton MBA students gather in Huntsman Hall for community building activities.

(Outlet: Wharton Stories) In April ~400 members of the MBA class of 2026 and their partners came to campus to learn more about what’s in store for the next two years. During their weekend on campus, students had the opportunity to get to know fellow admits, take a masterclass with Vice Dean Nicolaj Siggelkow, and listen in on student panels that provided a candid look at the MBA experience. Between events, seven incoming students shared what excites them about Wharton, and what led them to join the Wharton MBA community.…Read More

New Book Finds Immigrants Innovate, Integrate And Benefit Americans

The Statue of Liberty is seen from below in New York City in 2021.

(Outlet: Forbes) The author of a new book finds immigrants are not villains or victims but people who strive to better their lives and contribute to a vibrant society. The book comes at a time when immigration ranks among the country’s most contentious issues. Stuart Anderson, Senior Contributor at Forbes, interviews economist Zeke Hernandez. …Read More

Mary-Hunter “Mae” McDonnell Appointed Inaugural Faculty Recipient of Bantwal Family Goldman Sachs Presidential Professorship

Mae McDonnell smiles into the camera wearing a red shirt and black blazer in front of a wall of windows.

(Outlet: Wharton Press Release) It is with great pleasure that Penn Interim President J. Larry Jameson and Wharton Dean Erika James announce that Mary-Hunter (“Mae”) McDonnell has been named as the inaugural Bantwal Family Goldman Sachs Presidential Associate Professor at the Wharton School of the University of Pennsylvania.…Read More

‘Villains nor victims’: Why immigration is good for our economy

Ali Velshi stands in front of a tv monitor that reads "The Truth about Immigration"

(Outlet: MSNBC)  In 1924, President Calvin Coolidge signed the National Origins Act – a restrictive immigration bill that had lasting negative economic and social consequences. 100 years later, we find ourselves having a similar rhetorical and ideological debate about immigration. Donald Trump and his allies are stoking anti-immigrant sentiment and pushing the idea that immigration is the reason the United States is a “nation in decline”. Wharton School Professor and author Zeke Emanuel Hernandez points out to Ali Velshi that it’s in America’s best interest, socially and economically, to embrace immigrants. …Read More