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

Stevenson comments on January job growth

Feb 7, 2025 CNBC
Professor Betsey Stevenson talks with CNBC about January job growth. She said "what we see is a labor market that’s basically operating at full employment. And so I think the real question going forward is: Can we sustain full...
Betsey Stevenson
In the Media

Fed rate changes and labor market uncertainty - Wolfers

Feb 7, 2025 The New York Times
The Federal Reserve Bank is set to lower rates as the economy stabilizes over the next few months. Speaking with The New York Times, the Ford School's Justin Wolfers cautioned businesses about these changes and the adaptations of the labor market...
Photo of Justin Wolfers
In the Media

Withholding funding is not reasonable - Bagenstos

Feb 4, 2025 Marketplace
Professor at the Ford School and former General Counsel to the Office of Management and Budget, Samuel Bagenstos said the president "withholding certain funding — including for green energy projects and foreign aid" is not supported by "proper...
Headshot of Samuel Bagenstos
In the Media

Wolfers has lingering uncertainty about Trump's tariff tactics

Feb 3, 2025 CNN
As President Trump doubles down on his threats for tariffs on foreign trade, the Ford School's Justin Wolfers isn't sure his tactics work economically. Wolfers told CNN, “Trump announces tariffs, so markets fall. Trump walks back tariffs, markets...
Photo of Justin Wolfers
In the Media

Canada tariffs will impact Michigan - Stevenson

Feb 3, 2025 WXYZ
Ford School Professor Betsey Stevenson explains how trade with Canada would be impacted by a 25% tariff, saying for any good, "now every time it crosses that border we have got to add 25 percent to the price." she also noted "it’s not jut consumers...
Betsey Stevenson
In the Media

Wolfers: Financial damage at home and abroad from tariffs

Feb 2, 2025 ABC Australia
Justin Wolfers, Economist and Ford School professor talked with ABC Oz about possible the Trump administration tariffs. When if Trump would put tariffs on Australia Wolfers says "There's nothing you can do but guess with this guy" a nod to...
Justin Wolfers
In the Media

Wolfers: Tariffs can have real consequences for U.S. consumers

Jan 31, 2025 Bloomberg
Ford School economics professor Justin Wolfers told Bloomberg TV's The Close that one of the biggest consequences of tariffs with Canada and Mexico could be on the many cross-border transactions that happen in the production of many consumer...
Justin Wolfers
In the Media

Hanson talks economic consequences of second Trump administration

Jan 19, 2025 Folha do Brasil
Jonathan Hanson, Ford School professor, talked with Folha do Brasil about the impacts of the new Trump administration. He says that "A lot of people have been working on Trump's plans for 2025 in the four years he has been out of...
Jon Hanson
In the Media

Stevenson on Biden's warning of an oligarchy forming in America

Jan 17, 2025 MSNBC
Betsey Stevenson, Ford School professor and economist, comments on a possible American oligarchy. She says we may be "moving to a world where the people who have the most money want to rewrite the rules in their favor," a situation that would...
Betsey Stevenson
News

Watch What Consumers Do, Not How They Feel - Stevenson

Jan 15, 2025
Ford School professor of public policy and economics Betsey Stevenson writes in Bloomberg about the relationship or lack of relationship between consumer sentiment and economic performance. Instead, she says, we should focus "on consumers' ability...
Betsey Stevenson
In the Media

Tragically underrated, Stevenson on US Economy in 2024

Dec 31, 2024 Marketplace
Betsey Stevenson, professor at the Ford School, chose "Tragically underrated" as a phrase to be the economist's word of the year. She describes labor force participation, inflation-adjusted wages and more to show how the US economy is the strongest...
Betsey Stevenson
In the Media

Deardorff asserts tariffs threats "are not common"

Dec 18, 2024 WCMU
A podcast from WCMU spoke with the Ford School's Alan Deardorff to better understand Trump's motivation using tariffs as a bargaining tool. Deardorff explained "We haven't done it much [using tariffs for trade negotiating] for many decades because...
Alan Deardorff
In the Media

Stevenson comments on the fruitful economy under President Biden

Dec 17, 2024 The New Republic
Discussing inflation and the Biden administration's economy, the Ford School's Betsey Stevenson told The New Republic that comparatively across the globe "ours [U.S. high inflation rates] came down way less painfully, and we had amazing economic...
Betsey Stevenson
In the Media

Rx Kids showing positive early results: Shaefer

Dec 9, 2024 Next City
"So far, RxKids has shown a reduction in depressive symptoms and increases in positive wellbeing, with larger numbers of participants indicating that they feel loved, hopeful and respected. Preliminary outcomes also show lowered anxiety scores...
luke-shaefer-flint-baby
In the Media

Herd: Barriers to health care access are especially painful

Dec 6, 2024 NPR
Pam Herd, a professor of social policy at the University of Michigan who studies administrative burdens involved in accessing government services, says barriers to health care access are especially painful."It's one thing to be frustrated at the DMV...
Pamela Herd
In the Media

Dominguez relives UK 1992 pound devaluation

Dec 4, 2024 NPR Planet Money
"You know, we can blame George Soros or say that he made money off governments, but I guess I wouldn't really put it in moral terms. It is one of the fundamental costs of a fixed exchange rate. You're setting yourself up for the potential of a run....
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
In the Media

Stevenson talks possible Trump tariff and immigration plans

Nov 27, 2024 Bloomberg
Betsey Stevenson, Ford school professor said, "I don't think its reigniting" about the inflation rate, though she said it is hard to reduce inflation from 3% to 2%. She also talked immigration, saying "one of the reasons we have had such fast...
Betsey Stevenson
In the Media

Stevenson on beauty product prices under Trump administration

Nov 25, 2024 Allure
Betsey Stevenson, Ford School professor and economists, gave one extreme example of how tariffs could increase makeup prices, “if you knew we would never be able to import Chanel lipstick into the U.S again, the price would go up immediately because...
Betsey Stevenson
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