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

Herd discusses challenges to receiving disability benefits

Nov 25, 2024 MarketWatch
Pamela Herd, Ford School professor, says that disability benefits are "a category of benefits that’s most difficult to access and most misaligned with the population it’s trying to serve." Additionally, she says the system is "designed in ways that...
Pamela Herd
In the Media

Deardorff on impact of tariffs on business startups

Nov 22, 2024 Business Insider
Alan Deardorff, Ford School professor emeritus, adresses impacts tariffs may have on business startups. Deardorff says a "10% or 20% tariffs on all imports from everywhere," would "not by itself target or avoid startups," however, Trump is likely to...
Alan Deardorff
In the Media

Rabe: Trump could make fossil fuels more attractive

Nov 20, 2024 Vox
Ford School Professor Barry Rabe discussed how President trump can make his campaign promise to "Drill, baby, drill," a reality. Rabe says the administration "can go to considerable lengths to make expanded production attractive and relatively...
Barry Rabe
In the Media

Rabe on clean energy boom

Nov 16, 2024 Poltico
Ford School professor emeritus, Barry Rabe talked on climate laws and their impacts on manufacturing in different states. Rabe said “In many cases, these are states that are doing their own versions of industrial policy,” all of which is helping...
Barry Rabe
News

Spotlight on poverty and opportunity: Katherine Michelmore

Nov 15, 2024
Dr. Katherine Michelmore, associate professor of public policy at the University of Michigan’s Gerald R. Ford School of Public Policy has been awarded the 2024 David N. Kershaw Award and Prize for her contributions as a leading scholar and educator...
Headshot of Katherine Michelmore
In the Media

High prices made voters angry with Democrats - Stevenson

Nov 15, 2024 ABC Australia
Betsey Stevenson, Ford School professor, talked about voters' reactions to inflation and high prices and their effects on the 2024 elections. "I failed to understand just how much anger high prices would bring," said Stevenson. That is one reason...
Betsey Stevenson
In the Media

Inflation hurt Democrats and angered consumers - Stevenson

Nov 11, 2024 NPR
Ford School professor and economist Betsey Stevenson said, “Economists are going to have to reckon with the fact that the public would have preferred a slower recovery with much higher unemployment, as long as prices had been stable.” She then said,...
Betsey Stevenson
In the Media

Stevenson on many facets of women and the workforce

Nov 9, 2024 What Happens Next
Betsey Stevenson, Ford School professor, talked with Larry Bernstein about highly educated women and marriage, how to make women's labor in work places more productive with more flexibility, and recent employment statistics. "We see women being a...
Betsey Stevenson
In the Media

Deardorff on impacts of Trump's possible tariffs

Nov 8, 2024 The Washington Post
Alan Deardorff, Ford School professor emeritus spoke with the Washington Post about the Trump administration's possible tariffs. He pointed out the upside to most taxes and tariffs, which people eventually get used to. However, he said “With a 60...
Alan Deardorff
In the Media

Lookout for consumers spending ahead of possible tariffs - Wolfers

Nov 7, 2024 ABC Australia
Justin Wolfers, Ford School professor, talked about impacts of Trump's election on the market and the economy, saying "the market seems happy but that's because he is likely to deliver the tax cuts that make stocks more valuable." Also he noted,...
Justin Wolfers
In the Media

Deardorff discusses what tariffs may mean for businesses

Nov 7, 2024 Inc
Alan Deardorff, Ford School professor emeritus said, “Assuming that he follows through with his proposal to apply a 10 percent (or 20 percent) tariff on all imports from all countries... the effect will be to largely cut the U.S. off from the world...
Alan Deardorff
In the Media

Hanson on Trump's winning messaging

Nov 6, 2024 Detroit Free Press
Jonathan Hanson, Ford school professor, talked with the Detroit Free Press about messaging the determined the election. He said Trump’s messaging on key topics, especially economy and immigration, appealed to blue-collar voters, while "It seems like...
Jonathan Hanson
In the Media

"We've taken a clear turn" - Hanson on free trade

Nov 5, 2024 CBC
Jonathan Hanson, Ford School professor, discussed how the US has turned away from the idea of free trade, he said the U.S. has been pushing toward protectionism by subsidizing plants to build in the country. He said, "The overall political climate...
Jonathan Hanson
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...
Alan Deardorff
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...
Photo of Justin Wolfers
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...
Photo of Justin Wolfers
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...
Betsey Stevenson
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...
Alan Deardorff
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...
Betsey Stevenson
In the Media

Stevenson: disposable income normal after the pandemic

Sep 27, 2024 Marketplace
Ford School professor Betsey Stevenson talked with Marketplace about Americans' disposable income growth and the strength that shows for the economy. Stevenson said "If we look over the last 100 years, sort of averaging 2 to 3% improvements in...
Betsey Stevenson