Policy Topics

Economics and finance

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News

Did the U.S. economy shrink by 32.9 percent?

Aug 4, 2020
The devastating GDP numbers announced at the end of July—a decline of 9-and-a-half percent—are the worst in American history, according to Ford School economics professor Justin Wolfers. The way the numbers are reported, that at an annualized rate...

Shortage of coins affects lower-income consumers - Harris

Jul 30, 2020
An article in the Los Angeles Times on July 30, states that "the COVID-19 pandemic has caused a coin shortage, and it’s hitting small-business owners, big retailers and everyday shoppers — especially those who don’t have credit or debit cards — in...
News

“Promise Kept” on Trump tariff threat - Deardorff

Jul 20, 2020
Alan Deardorff, Ford School professor and one of the world’s leading experts on international trade policy, was referenced in a Politifact “Trump-O-Meter” fact-check of Trump Administration policy promises.   The stated policy: “Any country that...
News

Combating poverty and inequality amidst a pandemic

Jul 19, 2020
Ford School Dean Michael S. Barr, Associate Dean and Poverty Solutions Director Luke Shaefer and Alford A. Young Jr., Professor of Sociology and African and African American Studies and courtesy faculty at the Ford School, discussed some of the ways...
News

Making sense of the complex unemployment numbers

Jul 10, 2020
On July 2nd, the Labor Department reported that 4.8 million jobs had been added, and unemployment stood at 11% - still higher than it was at the peak of the Great Recession in 2008 — with 17.8 million Americans still out of work. Ford School...
News

"Planet Money Summer School " features Stevenson and Wolfers

Jul 7, 2020
Planet Money, the irreverent and informative NPR podcast, is convening a Summer School starting on July 8, “turning it's podcast feed into a classroom for the masses, for anyone who wants to see the world through the lens of an economist.” Ford...
News

Dodd-Frank achievements assessed on its 10th anniversary

Jul 2, 2020
The Center on Finance, Law and Policy co-hosted a day-long conference with the Brookings Institution on June 30 to mark the Dodd-Frank Act 10th Anniversary. Former Senator Chris Dodd and former Representative Barney Frank participated, as did...
News

Democracy & Debate Theme Semester launches

Jul 2, 2020
This week marks the launch of the Democracy & Debate Theme Semester, a unique opportunity for teaching and learning about free speech and the exchange of ideas, democratic engagement from a global perspective and what it means to be a member of a...
News

Unemployment remains steadily high in Detroit

Jun 30, 2020
As everyday activities in Detroit begin to resume, four out of 10 working Detroiters remain temporarily or permanently laid off, and many residents say they feel the state is reopening too soon. According to the third rapid response COVID-19...

Deardorff fact-checks President Trump on USMCA trade deal

Jun 22, 2020
A June 19 CNN story looked at recent public statements made by President Trump regarding the US-Mexico-Canada Agreement known as USMCA, among other issues. Ford School economics professor Alan Deardorff commented on Trump’s claim that “USMCA is...