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In this opinion piece, David Erickson explores how the market for special purpose acquisition companies (SPACs) exploded in 2020 and what may happen in the future.
U.S. President-elect Joe Biden’s promise to forgive student debt might have the unintended consequence of worsening economic inequality, according to new research co-authored by Wharton’s Sylvain Catherine.
While DoorDash and Airbnb successfully completed their much-anticipated IPOs this past week, there has been a lot of scrutiny on how they were priced and subsequently “popped.” Wharton’s David Erickson explains what could be done to remedy the disconnect.