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Economics and finance

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In the Media

Dynarski: The student loan system has layers and layers of dysfunction

Dec 15, 2020 NPR Marketplace
"The key problem is in default and repayment problems," said Dynarski. "In terms of a macro-level, is this a big drag on the economy? I don't think so. In terms of a micro-level, are there people who's lives are ruined by fairly small amounts of...
In the Media

"Women in Economics" podcast features Stevenson

Dec 11, 2020 Women in Economics
“I didn’t see #MeToo coming, but it came, and it’s taking a while still to come for economics, but it is,” says Stevenson. She talks about her research on women’s labor market experiences and how her teaching style has changed in 2020 in the "Women...
In the Media

Stevenson's insight on the "shecession" highlighted

Dec 10, 2020 PBS NewsHour
"We lost jobs in retail, and leisure and hospitality, and health care services. And those are all jobs where women hold the majority of the jobs, and they actually got the majority of the layoffs," Stevenson says. "I think it's amplifying the...
In the Media

Rabe on federal incentives for state-level climate, clean energy action

Dec 10, 2020 Environment & Energy News
"States are absolutely desperate for revenue and have deep concerns about their ability to sustain themselves. There are growing questions of how states are going to reinvent themselves," Rabe said. "Every state is going to be coming to Washington...
In the Media

Student loan forgiveness proposals bad macro econ policy, says Wolfers

Dec 6, 2020 Chicago Tribune
Most of the [student loan debt] relief would go to people who don't need it and would merely sock it away. "This is the worst macro policy I've ever heard of," said Wolfers. It would make far more sense to funnel money to low-income and unemployed...
In the Media

Rabe: Investment in coal not part of American, global energy future

Dec 5, 2020 Casper Star Tribune
“There are going to be energy bills linked to that stimulus bill,” Rabe said. “And every state is going to be looking for the most advantageous terms. It’s really questionable that coal is going to be center stage in any kind of major stimulus...
In the Media

Stevenson worries about shrinking labor force

Dec 4, 2020 The Wall Street Journal
“If we don’t get all the workers back, we can never have a V-shaped recovery,” said Stevenson. “Everybody should be worried about making sure that we don’t leave workers...
In the Media

Deardorff comments on trans-Pacific trade

Nov 27, 2020 Detroit News
Biden may want to join the TPP agreement, said Deardorff. But "he probably knows from the experience of it being negotiated, it's not going be an easy thing to do." Read the full article in the Detroit...
In the Media

Wolfers: Postpone Thanksgiving to save lives

Nov 19, 2020 New York Times
"Let’s postpone Thanksgiving until May 27. By then Americans should have a lot more to be thankful for, including the likely availability of at least two highly effective vaccines, perhaps the freedom to get together with friends and possibly the...
In the Media

Another stimulus will be needed, says Shaefer

Nov 9, 2020 Market Watch
The initial stimulus plan was “the best thing we’ve ever done for low-income families during an economic crisis and it’s not even close,” said Shaefer. “It’s quite clear we’re going to need another economic stimulus to help families at this time” to...
In the Media

Rabe: Fragile coalition of support exists for climate action

Nov 9, 2020 Vox
“I think Biden can assume that he would have some industry support to work with. This would require really careful political work to hold that supportive coalition together,” Rabe said. Read the full Vox article about Joe Biden's plans to fight...
In the Media

Stange: Taking a COVID gap year? Have a plan to re-enroll in school

Nov 7, 2020 Bloomberg Wealth
Kevin Stange said students who have decided to take time off should create a “plan” to re-enroll in school, as a way to hold themselves accountable. “Most people are not the next Bill Gates and will be much better off having gone to college,” he...
In the Media

Udow-Phillips outlines Biden's healthcare priorities

Nov 6, 2020 U.S. News & World Report
"Joe Biden was squarely in the camp of building on the Affordable Care Act," Udow-Phillips said. "His proposals for health care reform do speak to making health care more affordable, by building on the health insurance exchanges." Read the full...
In the Media

Trump's economic "lie" may have lost its punch - Wolfers

Oct 31, 2020 Huffington Post
“Reality has caught up with him. He had a huge lead in terms of people’s confidence in him as an economic manager, and he blew it,” says Justin Wolfers.  “One issue is that people don’t trust what he says anymore. Another is, well, look around —...
In the Media

Wolfers cited as top 10 influencer for Biden economic policy

Oct 29, 2020 The 10 people most likely to influence the economic policy of a President Biden
In an article in Bloomberg,  Ford School professor Justin Wolfers was cited as one of the 10 most influential economists that could be advising a new Biden administration. In the list compiled by Baron Public Affairs, he is one of three "economic...
News

Barr and Harris call for more inclusive payments systems

Oct 26, 2020
Ford School Dean Michael Barr and professor of practice Adrienne Harris say the technologies  of the “payments revolution,” which enable people to make payments and access bank accounts more easily, can also lead to greater financial...