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In the Media

Economy is 'extraordinary' - Wolfers

Mar 12, 2023 WDIV
Justin Wolfers, WDIV: "My summary is what a little ripper. Last month, we were extraordinary. So we aren't extraordinary two months in a row, we're merely very good. This is the sort of job growth that maybe we've gotten used to over the past couple...
Justin Wolfers
In the Media

Wolfers remains optimistic about economy

Mar 10, 2023 BBC
Justin Wolfers, BBC: "The best forecast for the future state of the economy is the current state and the current state is good. There's a recessionary vibe, but there's no recessionary...
Photo of Justin Wolfers
In the Media

'Cop City' protests weren't peaceful - Ali

Mar 10, 2023 Christian Science Monitor
Javed Ali, Christian Science Monitor: "More and more, state prosecutors are using domestic terrorism statutes for different crimes being committed, whether they’re extremist-related or school shootings. (The incident in Atlanta) wasn’t just a...
Headshot of Javed Ali at Weill Hall's 4th floor Whitman Lounge
In the Media

Ali on designating drug cartels as terrorist organizations

Mar 10, 2023 Texas Public Radio
Javed Ali, Texas Public Radio: "It's a complicated process for any organization to be designated by the United States as a foreign terrorist organization. The State Department and our government take the lead for that. If a designation were to...
Closely cropped headshot of Javed Ali in Weill Hall's 2nd floor hallway
News

February Jobs Report: Job Growth Shows No Signs of Slowing

Mar 10, 2023
The U.S. labor market grew by 311,000 jobs in February. Unemployment ticked up to 3.6%, while the number of employed expanded and the labor force participation rate also ticked up. Since October 2022, labor force participation has expanded slowly...
Rapid Insights graphic
In the Media

Stevenson discusses interest rate effects on labor market

Mar 7, 2023 Bloomberg
Betsey Stevenson, Bloomberg: "I think it's really hard to interpret the impact of the interest rate increases on the labor market. And the reason is that we would have to know the counterfactual—what would have happened in the labor market if we...
Betsey Stevenson
News

Wolfers breaks down tooth fairy economics

Mar 5, 2023
The average amount the Tooth Fairy gives children has jumped by 16%, to $6.23. Justin Wolfers, professor of public policy and economics, discussed the economics behind the rise.  "The children of America are getting what their parents are not:...
Justin Wolfers
News

Stevenson and 200+ economists urge Congress to raise debt limit

Mar 5, 2023
As the United States heads toward its debt-ceiling deadline, political leaders are posturing as they struggle to find a compromise to prevent default. In response, over 200 U.S. economists, including Professor Betsey Stevenson, sent a letter to...
U.S. capitol
In the Media

Rabe on changing attitudes about nuclear energy

Mar 3, 2023
Barry Rabe, Newsweek: "I'm just looking at the numbers: you would need to triple existing nuclear capacity to replace gas and maintain existing nuclear [production]. That would be a massive, massive build-out. The timelines for that are significant....
Barry Rabe
In the Media

Stevenson on jobs report timing

Mar 3, 2023 NPR Marketplace
Betsey Stevenson, NPR Marketplace: "This is one of those things where we all have rules of thumb, because they’re just easier to remember. So the first Friday of the month is way easier to remember than the actual...
Betsey Stevenson
In the Media

Ali weighs in on threat to Michigan's Jewish officials

Mar 2, 2023 ABC News
Javed Ali, ABC News: "As the ADL and other organizations have recently noted, there remains a high level of threats from individuals with white supremacist and neo-Nazi views against Jewish communities across the United States. Twitter and other...
Headshot of Javed Ali in Weill Hall's 2nd floor hallway
Publication

Automated License Plate Readers widely used, subject to abuse

Feb 22, 2023
Automated License Plate Readers (ALPRs) are being used by a growing number of public and private entities to track drivers’ movements and location. The use of the technology is almost entirely unregulated and can be subject to abuse, so some...
Surveillance Cameras
News

Wolfers optimistic about soft landing for economy

Feb 17, 2023
As concerns about the economy continue, one economist is optimistic. Justin Wolfers, professor of public policy and economics, recently talked with NPR to discuss his economic analysis and predictions. "You're talking to an economist who is going...
Photo of Justin Wolfers
In the Media

Ali analyzes unique Chinese spy balloon incident

Feb 17, 2023 ABC Australia
Javed Ali, ABC Australia: "Over the past week, I would say this is a pretty unusual set of developments from a U.S. national security perspective. And now that I've had a little bit of time to think about it and see how the story is evolving, it's a...
Headshot of Javed Ali in Weill Hall's 2nd floor hallway
In the Media

Hanson discusses state of inflation

Feb 14, 2023 Wallet Hub
Jonathan Hanson, Wallet Hub: "The point of interest rate increases is to slow down the economy and thus cool demand. Pressure on prices thus falls. It’s effective for controlling the rate of inflation but does not come without some pain. I think the...
Jonathan Hanson
News

Ali analyzes Chinese spy balloons with NPR Marketplace

Feb 14, 2023
In the last week, the U.S. has shot down four different objects in U.S. and Canadian airspace. One of those has been confirmed as a Chinese surveillance balloon. Javed Ali, associate professor of practice, provided his expertise to NPR Marketplace,...
Headshot of Javed Ali at Weill Hall's 4th floor Whitman Lounge
News

Rabe addresses climate change conspiracies

Feb 13, 2023
Climate change deniers are using new strategies to spread their beliefs — namely the conspiracy theory that climate change is a hoax meant to subdue populations. Climate policy expert Barry Rabe talked to Newsweek to break down that myth and its...
Barry Rabe
In the Media

Stevenson analyzes inflationary pressure

Feb 11, 2023 The New Yorker
Betsey Stevenson, The New Yorker: "People always hate inflation. Even when inflation was at historic lows, survey data showed that eighty-three percent of Americans thought inflation was a problem. The President has very few levers. And, in this...
Betsey Stevenson
Publication

Biden needs a new counterterrorism approach - Ali

Feb 10, 2023
Since the withdrawal of U.S. troops from Afghanistan, the attention towards counterterrorism has withered. However, in a new op-ed for The Hill, national security expert Javed Ali argues that the Biden administration must still prioritize...
Closely cropped headshot of Javed Ali in Weill Hall's 2nd floor hallway
In the Media

Wolfers celebrates low unemployment rate

Feb 10, 2023 NPR
Justin Wolfers, NPR: "We're celebrating unemployment being at a 50-year low. This is only three years after the scariest economic moment of my lifetime. If you had said in three short years we'll yield an unemployment rate that earlier generations...
Photo of Justin Wolfers
In the Media

Ciorciari on dangers of Pakistan's economic crisis

Feb 9, 2023 VOA News
John Ciorciari, VOA News: "Pakistan is on the brink of economic collapse. If the crisis continues, the government may soon face considerable added unrest and exacerbate domestic social conflict. This could destabilize the government in a country...
John Ciorciari
In the Media

Stevenson breaks down what's actually happening in the job market

Feb 9, 2023 The Wall Street Journal
Betsey Stevenson, The Wall Street Journal: "Since restaurants and hotels haven’t staffed up too much, they could avoid the fate of many tech companies that are laying off workers after overhiring earlier in the pandemic," said Betsey Stevenson, an...
Betsey Stevenson
In the Media

Stevenson discusses strong labor market

Feb 9, 2023 NPR Marketplace
Betsey Stevenson, NPR Marketplace: "Are employers trying to hire a bunch of phantoms — people who don’t exist? Are they just finding it too hard to find...
Betsey Stevenson