economics | Gerald R. Ford School of Public Policy
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News

Remembering Professor John Leahy

Feb 2, 2026
Professor John Leahy, renowned economist and beloved professor and departmental chair at the University of Michigan, passed away unexpectedly on December 21, 2025 at the age of 64.
In the Media

Wolfers shares concerns over the slowing economy and job market

Sep 5, 2025 CBS News
Following a disappointing jobs report, CBS News turned to the Ford School's Justin Wolfers for insight on what this means for the economy. "There's no question that the economy is slowing, and it's slowed quite dramatically. The real question is if t...
In the Media

Stevenson predicts Fed chair to reassure financial markets

Apr 16, 2025 Bloomberg
Reflecting on recent stock market instability, the Ford School's Betsey Stevenson told Bloomberg in an interview that, "I do think that he [Jerome Powell, Federal Reserve chairman] is going to reassure financial markets that we have a strong and soli...
In the Media

Wolfers says bond sell-off is a bad omen

Apr 13, 2025 The New York Times
Ford School professor Justin Wolfers explained to the New York Times why the bon market sell-off is so problematic, he said, “People feel nervous about lending us money,” and more than that, “They are saying, ‘We’ve lost our faith in America and the ...
News

“Trump's tariffs will change your life” — Wolfers NYT opinion

Apr 8, 2025 The New York Times
As the news buzzes with discussions of President Trump’s tariffs, economists and policymakers continue weighing the potential impacts of these policies. In a new opinion article published in the New York Times, Professor Justin Wolfers argues that “t...
In the Media

Herd explains how social security benefit cuts may happen

Apr 4, 2025 Finger Lakes 1
Ford School professor Pamela Herd explained how Trump's agenda of using AI and making cuts to federal staff will damage Social Security. She said, “We’re talking about an agency that manages one-fifth of the federal budget—AI alone won’t cut it.” By ...
In the Media

Moynihan on excessive amount of money in American politics

Apr 2, 2025 Political Wire
Don Moynihan, Ford School professor, said “Money is a an aggressive growing tumor at the heart of American democracy. The 2023 Wisconsin state supreme court race cost $56 million, a national record at the time. The 2025 version blasted that out of th...
News

Wolfers: Two reasons for optimism about the economy

Mar 23, 2025
"The air is thick with recession talk, and stocks are cratering. But it just may be a mirage, a refraction of partisan distortions" wrote Ford School professor, Justin Wolfers, in a recent guest essay for The New York Times. "It started with a projec...
In the Media

Dominguez on the increasing value of foreign currency

Mar 20, 2025 Marketplace
As the economy prepares for the Trump administration's proposed tariff plan, U.S. goods are becoming less competitive than those from foreign countries. Speaking with Marketplace, the Ford School's Kathryn Dominguez claims this isn't the only challen...
In the Media

Wolfers: It's not a world trade war, but an American trade war

Mar 12, 2025 ABC Australia
Justin Wolfers, Ford School professor talked with ABC Australia about Trump's trade war and how other countries like Australia have yet to retaliate. Wolfers said "we haven't seen any action of non-US countries imposing tariffs on each other so its n...
In the Media

Trump sees the world in zero sum terms - Wolfers

Mar 11, 2025 MSNBC
Ford School professor Justin Wolfers tried to explain Donald Trump's thinking on the economy. He said, "There is an underlying economics of trump, and you won't be surprised I think it's dead wrong." Wolfers said, "There's the zero sum thinking and t...
In the Media

Wolfers comments on public perception of the economy

Mar 10, 2025 Marketplace
“Just because folks say they’re unhappy about the state of the economy, that doesn’t mean much,” said Justin Wolfers, an economics and public policy professor at the Ford School. Speaking with Marketplace, Wolfers asserts that it's important to disti...
News

Wolfers weighs in on tariffs, uncertainty, and the stock market

Mar 9, 2025
Ford School professor and economist Justin Wolfers discussed the impacts of tariffs, uncertainty, and consumer sentiment on the US economy with several news outlets last week. Wolfers highlighted the response the stock market had to tariffs and what ...
In the Media

Stevenson on uncertainty around tariffs

Mar 9, 2025 Meet the Press
Betsey Stevenson, Ford School professor and economists, talked about the continuing uncertainty around tariffs. She said, "Uncertainty is terrible but certainty that we have huge tariffs is also terrible." Stevenson added, "Trump can't guarantee how ...
In the Media

Cavaillé on why inequality is hard to solve

Mar 7, 2025 Rhodes Center
Charlotte Cavaillé, Ford School professor, talked with Mark Blyth about politics of inequality. Cavaillé characterized liberals and conservatives who see inequality as "the two outraged groups are not outraged about the same thing so that precludes a...
In the Media

American labor market is fundamentally healthy - Wolfers

Mar 7, 2025 The New York Times
Justin Wolfers, Ford School professor and economists, says the most recent job report data shows that “This is a fundamentally healthy labor market, continuing its earlier momentum, albeit at a slightly slower pace."  
In the Media

Stevenson discusses Trump reasoning on tariffs

Mar 6, 2025 Michigan Public
Ford School professor Betsey Stevenson discussed the rational behind implement tariffs on Canada and Mexico, but she said, "with China that they may have been trying to compete with very low-cost manufacturing" however “I don't think you can make thi...
In the Media

All economists think tariffs will weaken the US and Canada - Stevenson

Mar 6, 2025 Michigan Public
Betsey Stevenson, Ford School professor and economist, talked with Michigan Public's Stateside about the claims Trump has made about Canada, she says Trump "has claimed it is because of drug trade or illegal immigration but we just don't have a lot o...