Economics and finance | Gerald R. Ford School of Public Policy
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Economics and finance

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In the Media

Deardorff talks impact of possible tariffs on Silicon Valley

Nov 4, 2024 Big Technology Podcast
Alan Deardorff, Ford School professor emeritus, talked on the Big Technology Podcast about a possible trade war under the next presidential administration. He noted that Trump has promised tariffs across the board but that the Harris may also impose...
In the Media

Facts keep interfering with Trump's talking points - Wolfers

Oct 31, 2024 CNN
Justin Wolfers, Ford School professor and economist explained on CNN, "the simple story is this is not only a pretty good economy, its a downright good economy." Unemployment, GDP and inflation are all where they should be according to Wolfers. This...
In the Media

Wolfers on danger of a zero interest goal

Oct 31, 2024 CNN
Justin Wolfers, Ford School professor talked with CNN about Trump's former federal reserve pick's solution to inflation. Wolfers said, “Deflation can become a spiral with no end." He said aiming for zero inflation would be "like walking along the...
In the Media

Stevenson on Trumps economic plans for Michigan

Oct 28, 2024 The Detroit News
Betsey Stevenson, Ford School professor explained what plans Trump may have for Michigan. She said with all the cuts they are looking to make, "At some point, the dam there might burst." Then she said, "it might mean things like cuts to programs...
In the Media

Economists do not like tariffs - Deardorff

Oct 21, 2024 NBC News
Ford School professor emeritus, Alan Deardorff commented on why so many economist dislike tariffs. He said Vice president Harris is "right that his tariffs are like a sales tax, in the sense that consumers everywhere are going to end up paying.” He...
News

A lot of ‘unskilled’ workers actually aren’t - Stevenson

Oct 7, 2024
"It is an appropriate time to consider the term 'unskilled,'" writes Betsey Stevenson, Ford School professor and economist in an opinion article for Bloomberg. She says this term is "demeaning and misleading."These workers, she says, "Often people...
In the Media

Wolfers says Trump does not have planned policies for the economy

Sep 15, 2024 USA Today
Justin Wolfers, professor at the Ford School, speaking with USA Today noted that Trump's plan for the economy is not a true policy. "Get rid of inflation' is not a policy... Saying 'I will ask people for their ideas about how to reduce inflation,'...
In the Media

Dominguez discusses weakening dollar

Sep 3, 2024 Marketplace
Kathryn Dominguez, Marketplace: The dollar’s value, like the value of goods in any marketplace, is affected by how much demand there is for it. And lately, demand has been weakening.“The main driver is the anticipation that the [Federal Reserve] is...
News

The stock market drama was a toddler tantrum, says Wolfers

Aug 12, 2024
"They’re unpredictable, volatile and prone to sharp emotional swings. They have short attention spans and find change difficult because they are frequently scared of new things or overly enthusiastic about them. They’re impulsive, demand attention...
In the Media

Dominguez: What is “maximum employment”?

Jul 29, 2024 Marketplace
Kathryn Dominguez, Marketplace: Generally speaking, if more and more people are employed and the unemployment rate drops and drops further, companies may have trouble finding workers, and they’ll raise wages to attract them. That would increase...
News

Cost of living tops Detroiters’ priorities for US government

Jul 8, 2024
With Michigan poised to be a pivotal state in the 2024 presidential election, Detroiters have weighed in on their priorities for the U.S. government.Cost of living and inflation is the issue Detroiters mentioned most when asked about the top issues...