The Economic Cost of Conflict with Iran

What this episode covers

Kent Smetters, Faculty Director of the Penn Wharton Budget Model and Professor of Business Economics and Public Policy at the Wharton School, breaks down the projected budgetary costs of conflict with Iran, estimates potential GDP losses driven by higher oil prices, and explains how supply shocks could influence inflation and Federal Reserve decision-making. Hosted on Acast. See acast.com/privacy for more information.

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How long is this episode of This Week in Business?

This episode is 10 minutes long.

When was this This Week in Business episode published?

This episode was published on March 11, 2026.

What is this episode about?

Kent Smetters, Faculty Director of the Penn Wharton Budget Model and Professor of Business Economics and Public Policy at the Wharton School, breaks down the projected budgetary costs of conflict with Iran, estimates potential GDP losses driven by...

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