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

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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

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...
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...
In the Media

Stevenson on growing economic inequality in America

Sep 2, 2024 Background Briefing
Betsey Stevenson, Ford School professor talked with Ian Masters on Background Briefing about the growing economic inequality in America. She said "I believe very strongly that growing inequality and a lack of opportunity for many if not most...
In the Media

Banning AirBnB will incentivize building more hotels - Stevenson

Sep 2, 2024 Stateside
Betsey Stevenson, Ford School professor spoke with Stateside and explained why she thinks banning rentals like AirBnB won't solve the housing crisis. She said, "we really need to get to the root of what is the conflict we have with tourists coming...
In the Media

Stevenson talks economic plans of Trump and Harris

Aug 29, 2024 Bloomberg
Betsey Stevenson, Ford School professor, talked with Bloomberg about why consumers are still feeling bad about the economy, she said "one of the reasons consumers have been so grumbling and so complaining they are continuing to spend and that's...
In the Media

Dominguez on weakening of US dollar

Aug 29, 2024 Marketplace
Kathryn Dominguez, Ford School professor, talked with Marketplace about weakening of the US dollar, which she says is driven by "the anticipation that the [Federal Reserve] is likely to cut interest rates in September." She also said it may be...
In the Media

Wolfers talks price controls and Harris economic plans

Aug 28, 2024 CNBC
Ford School professor Justin Wolfers, talked with CNBC about the impacts of Trump's possible plans around tariffs and cost of living. He said, "Generally speaking, when markets are functioning well, price controls are a bad idea even though they are...
In the Media

Rabe on difficulties of removing oil and gas subsidies

Aug 22, 2024 The Wall Street Journal
Ford School professor Barry Rabe discussed oil and gas subsidies from the Obama administration, saying even though Democrats have changed their mind on then, “Once you put these subsidies in place, they’re really hard to remove, and they would in...
In the Media

Inflation finally below 3%, first time since 2021, Stevenson comments

Aug 21, 2024 Marketplace
Ford School professor and economist, Betsey Stevenson, talked on Marketplace about inflation. She said,  “I think what we learned was that it just took longer for that normalization to happen." While that transition from high inflation to a stable...
In the Media

Wolfers on housing crisis and inflation

Aug 19, 2024 CNN
Justin Wolfers, Ford School professor, talked with CNN about housing shortages and their impact on markets. He said, “The problem right now is too many people chasing too few houses." To him, it seems apparent that “The solution to that is not to...
In the Media

Harris taps into American's economic woes - Stevenson

Aug 16, 2024 Yahoo! Finance
Ford School professor Betsey Stevenson told Yahoo Finance that while preventing price gouging is popular among the American people, "It's not a big part of our inflation problem." However she explained that "what Vice President Harris is trying to...