Stevenson breaks down the state of the economy

January 7, 2022 Marketplace

Betsey Stevenson, professor of public policy and economics, sat down with Marketplace to discuss the state of the economy. 

“People have a harder time putting rising prices in the context of the broader economy,” she said. “(But) when a company moves from paying $10 an hour to paying $12 an hour, that’s a 20% increase in wages,” Stevenson said. “We don’t see that very often.”