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In the Media

Wolfers: Silicon Valley Bank run shows need for regulation

Mar 24, 2023 Fast Politics
Justin Wolfers, Fast Politics: "Because of a much broader and much harder truth, which is that even if you're the most fervent believer in market forces, well-run markets require regulation. And nowhere is that more clearly the case than when...
Photo of Justin Wolfers
In the Media

Ivacko reveals factors behind threats to local officials

Mar 24, 2023 Wisconsin Public Radio
Tom Ivacko, Wisconsin Public Radio: "There's been a very concerted, ongoing effort with very strong media behind it to convince people that there are enemies in the public sector, undercutting their own democracy and working against the interests of...
Tom Ivacko
In the Media

CLOSUP partnership with XBRL US, City of Flint highlighted

Mar 23, 2023 The Bond Buyer
CLOSUP, The Bond Buyer: "Flint is also at the forefront of the development of XBRL for financial reporting. Flint participated in a pilot project with the University of Michigan's Center for Local, State, and Urban Policy at the school's Ford School...
Weill Hall entrance with "Gerald R. Ford School of Public Policy" etched into the glass
In the Media

Ali analyzes congressional hearing on threat of TikTok

Mar 23, 2023 ABC News
Javed Ali, ABC News: "There definitely is a lot of skepticism right now on the Hill, despite the claims from the TikTok CEO about these steps or actions the company has taken to minimize the risk. But I have been listening to the voices of my former...
Headshot of Javed Ali at Weill Hall's 4th floor Whitman Lounge
In the Media

Stevenson analyzes Fed messaging

Mar 21, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "I think sticking with 25 basis points is hopefully going to be sending the signal that they (the Federal Reserve) really do believe that the situation is stabilizing. That they don't need to veer from their planned...
Betsey Stevenson
In the Media

Stevenson calls for reinstatement of pre-2018 banking regulations

Mar 21, 2023 ABC Australia
Betsey Stevenson, ABC Australia: "We had [Dodd Frank] regulations put in certain stress tests that banks needed to meet certain liquidity requirements, certain capitalization requirements, and those were for anybody with anything that's over $US50...
Stevensom SRM Subcommittee Hearing Teaser Display
In the Media

Ali analyzes benefits of designating drug cartels as terrorists

Mar 20, 2023 Federal Newswire
Javed Ali, Federal Newswire: "One of the biggest developments would be bringing material support to terrorism charges against Mexican cartels if so designated by the State Department [and approved by Congress]. These charges have been effective post...
Headshot of Javed Ali in Weill Hall's 2nd floor hallway
News

Lantz warns of medicalization of public health

Mar 19, 2023
How does the medicalization of public health undermine effective community-based governance responses? Paula Lantz, James B. Hudak Professor of Health Policy, dove into this question on Ethics Talk, a podcast produced by the American Medical...
Headshot of Paula Lantz
In the Media

Shaefer: SNAP cuts will hurt families

Mar 19, 2023 Michigan Advance
Luke Shaefer, Michigan Advance: "I want to stress how incredibly successful the expansion of the safety net was during the COVID crisis — the expansion of SNAP, extended unemployment insurance, the expanded child tax credit, as well as rental...
Photo of Luke Shaefer in the Ford School's Towsley Reading Room
News

We must change hearts to achieve equality - Alemu

Mar 19, 2023
What is the best way to combat racism -- change policies or change hearts? That is the question Matthew Alemu (MPP '09, PhD) contends with in an essay for Bridge Detroit.  "Racism resides where society and policy have yet to tackle it directly,...
Matt Alemu
In the Media

Ali calls for early warning system for white power activity

Mar 17, 2023 Capital News Service
Javed Ali, Capital News Service: "There needs to be a better effort or early warning system to have conversations with folks about what we need to do and what can we do legally and pulling in law enforcement early as well. Not to make an arrest...
Headshot of Javed Ali at Weill Hall's main staircase
In the Media

AI will 'turbocharge' inequalities in health care - Parthasarathy

Mar 16, 2023 Bridge Michigan
Shobita Parthasarathy, Bridge Michigan: "Health care systems don't even know what data they're missing. That (AI) gets integrated into medical care as a mechanism for achieving efficiency. But they do that without realizing that it's going to...
Professor Shobita Parthasarathy leads a discussion in the Betty Ford Classroom
News

Poverty Solutions marks impact of action-based research in 2022

Mar 15, 2023
From informing how the U.S. Census estimates populations to reimagining land contracts as a path to homeownership and inspiring state legislation that would aid homeless youths, Poverty Solutions at the University of Michigan continued to tackle the...
Photo of a Michigan flag, hued blue
In the Media

Ali discusses Russian aircraft incident over Black Sea

Mar 14, 2023 Newsweek
Javed Ali, Newsweek: "[The downing of the drone] serves as a stark reminder of the potential for small-scale incidents like this to further heighten tensions between both sides and possibly trigger unintended escalation in response. The Biden...
Javed Ali
In the Media

Economy is 'extraordinary' - Wolfers

Mar 12, 2023 WDIV
Justin Wolfers, WDIV: "My summary is what a little ripper. Last month, we were extraordinary. So we aren't extraordinary two months in a row, we're merely very good. This is the sort of job growth that maybe we've gotten used to over the past couple...
Justin Wolfers
News

February Jobs Report: Job Growth Shows No Signs of Slowing

Mar 10, 2023
The U.S. labor market grew by 311,000 jobs in February. Unemployment ticked up to 3.6%, while the number of employed expanded and the labor force participation rate also ticked up. Since October 2022, labor force participation has expanded slowly...
Rapid Insights graphic
In the Media

Ali on designating drug cartels as terrorist organizations

Mar 10, 2023 Texas Public Radio
Javed Ali, Texas Public Radio: "It's a complicated process for any organization to be designated by the United States as a foreign terrorist organization. The State Department and our government take the lead for that. If a designation were to...
Closely cropped headshot of Javed Ali in Weill Hall's 2nd floor hallway
In the Media

Wolfers remains optimistic about economy

Mar 10, 2023 BBC
Justin Wolfers, BBC: "The best forecast for the future state of the economy is the current state and the current state is good. There's a recessionary vibe, but there's no recessionary...
Photo of Justin Wolfers
In the Media

'Cop City' protests weren't peaceful - Ali

Mar 10, 2023 Christian Science Monitor
Javed Ali, Christian Science Monitor: "More and more, state prosecutors are using domestic terrorism statutes for different crimes being committed, whether they’re extremist-related or school shootings. (The incident in Atlanta) wasn’t just a...
Headshot of Javed Ali at Weill Hall's 4th floor Whitman Lounge
In the Media

Stevenson discusses interest rate effects on labor market

Mar 7, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "I think it's really hard to interpret the impact of the interest rate increases on the labor market. And the reason is that we would have to know the counterfactual—what would have happened in the labor market if we...
Betsey Stevenson
News

Stevenson and 200+ economists urge Congress to raise debt limit

Mar 5, 2023
As the United States heads toward its debt-ceiling deadline, political leaders are posturing as they struggle to find a compromise to prevent default. In response, over 200 U.S. economists, including Professor Betsey Stevenson, sent a letter to...
U.S. capitol
News

Wolfers breaks down tooth fairy economics

Mar 5, 2023
The average amount the Tooth Fairy gives children has jumped by 16%, to $6.23. Justin Wolfers, professor of public policy and economics, discussed the economics behind the rise.  "The children of America are getting what their parents are not:...
Justin Wolfers
In the Media

Stevenson on jobs report timing

Mar 3, 2023 NPR Marketplace
Betsey Stevenson, NPR Marketplace: "This is one of those things where we all have rules of thumb, because they’re just easier to remember. So the first Friday of the month is way easier to remember than the actual...
Betsey Stevenson