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In the Media

No fear for Halloween candy prices - Deardorff

Aug 25, 2023 The Messenger
Alan Deardorff, The Messenger: "For decades the U.S. policy on sugar has been to protect the sugar market to keep the price above the world price," said Alan Deardorff, a professor emeritus of public policy and economics at the University of...
Alan Deardorff
News

Ford School welcomes Justin Holz as faculty

Aug 18, 2023
Economist Justin Holz joins the Ford School as an assistant professor. Holz’s current research explores how economic policies affect racial disparities, how to increase tax compliance in large businesses, and police misconduct. "I am excited to...
Justin Holz portrait
News

Wolfers blames politicians for credit rating downgrade

Aug 3, 2023
Ford School economics professor Justin Wolfers says U.S. politicians are responsible for the recent downgrading of the country's long-term foreign-currency issuer default rating by Fitch Ratings, from AAA to AA+.   Wolfers told International...
Justin Wolfers
News

Stevenson lauds return of women in the workforce

Jul 30, 2023
Ford School economist Betsey Stevenson has noted that in January 2020, just before the COVID-19 pandemic shattered labor markets, women’s participation had been at its highest level ever. Now as the U.S. economy rebuilds, she again is commenting on...
Betsey Stevenson
News

Leiser and Shaefer comment on Detroit bankruptcy anniversary

Jul 18, 2023
As the city of Detroit marked the 10th anniversary of its declaration of bankruptcy, publications took stock of the progress the city has made. Bloomberg quoted the Center for Local, State and Urban Policy’s (CLOSUP) Stephanie Leiser, who leads...
Detroit photo
In the Media

Wolfers: "This ain't a recession"

Jul 10, 2023 Marketplace
Justin Wolfers, Marketplace: Downbeat indicators don’t tell the whole story. Take consumers, said Justin Wolfers, an economics professor at the University of Michigan. They might say they’re pessimistic about the economy. “But if you look at what...
Justin Wolfers
News

Stevenson’s economic analysis in demand

Jul 3, 2023
Ford School economist Betsey Stevenson’s analysis of the volatile U.S. economy is in high demand.  When the June jobs numbers were released at the beginning of July, Stevenson was quoted in the Associated Press. AP reported, “Friday’s jobs...
Betsey Stevenson
News

Stevenson and Wolfers on “The Joy of Economics”

Jun 30, 2023
Ford School economics professors Betsey Stevenson and Justin Wolfers shared their “joyous” take on economics in a recent McKinsey Global Institute Forward Thinking podcast. Here are some excerpts from their wide-ranging discussion: Betsey...
Betsey Stevenson and Justin Wolfers
In the Media

On third anniversary, USMCA hasn't accomplished much - Deardorff

Jun 29, 2023 Associated Press
Alan Deardorff, Associated Press: “I don’t expect that we’re ever going to be able to say that (the USMCA) accomplished very much,’’ said Alan Deardorff, a professor emeritus of economics and public policy at the University of Michigan. “I don’t...
Alan Deardorff
News

Stevenson’s expertise on the debt ceiling and global economy

Jun 26, 2023
Ford School economics professor Betsey Stevenson is widely tapped for her comprehensive knowledge of the state of the U.S. economy. When the debt ceiling deal was reached between President Biden and the GOP in Congress, she told NPR that the...
Betsey Stevenson
News

Stevenson: Debt ceiling nonsense has long-term costs

Jun 5, 2023
Though the debt ceiling crisis was averted by a deal in Congress to raise the ceiling and cut some spending, Ford School economics professor Betsey Stevenson argues that there will be long-term costs for the U.S. economy. In a guest column in The...
Betsey Stevenson
In the Media

DNEP tech worker training saluted in Detroit Free Press

May 26, 2023 Detroit Free Press
Detroit Free Press: A unique free program that pairs college students and professionals with Detroit small business owners in need of digital and other skills is getting results. Since the start of the Community Tech Workers program, 135 micro...
U-M students meet with a DNEP client
In the Media

Wolfers comments on government-inspired threats to "woke" business

May 25, 2023 MSNBC
Justin Wolfers, MSNBC: What do companies want to do? They want to sell stuff. And if you make things with rainbow flags, they'll be happy to sell it. We do have groups all the time that protest by boycotting and that's their democratic right to do....
Justin Wolfers
In the Media

Wolfers: U.S. default would be "self-inflicted shock"

May 23, 2023 NPR All Things Considered
Justin Wolfers, NPR All Things Considered: "Just like your family has to live within a budget, you might say you want Congress to live within a budget, but defaulting on the debt does not reduce our spending. It just means we stiff our creditors. So...
Justin Wolfers
State & Hill

Discourse: Fordies in the news, spring 2023

May 3, 2023
"The Republicans are just in a really difficult situation, because their margin is so small and this bloc is so determined. They want to be able to stymie things if things are not going their way. This is an effort to wield as much power as they can...
Spring 2023 State & Hill Discourse image
State & Hill

Betsey Stevenson: Thinking like an economist

May 3, 2023
Betsey Stevenson uses the tools of her trade to empower people and improve lives By Daniel Rivkin An early March ice storm in Michigan caused widespread power outages and disruptions for hundreds of thousands of households. Families had to...
Betsey Stevenson
News

U-M Professor Amanda Kowalski Receives Econometrics Award

Apr 27, 2023
Health economist Amanda Kowalski, a professor of economics and public policy at the University of Michigan and a faculty associate of the Population Studies Center and the Survey Research Center at the Institute for Social Research, received the...
Photo of Amanda Kowalski
In the Media

Wolfers: Debt-limit failure has unknown

Apr 24, 2023 ABC Australia
Justin Wolfers, ABC Australia: If a deal isn't reached, a lot of people on Wall Street are warning of very severe circumstances, a financial crisis, which would trigger a recession, which would lead to widespread joblessness. I want to be more...
Photo of Justin Wolfers
In the Media

Wolfers on "rational" tax refunds

Apr 18, 2023 Axios
Justin Wolfers, Axios: "People find value in using their tax refunds as a forced saving device," economist Justin Wolfers wrote Axios in an email. "If the money were readily available, they might spend it. This way they can get a big check from the...
Photo of Justin Wolfers