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

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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...
In the Media

Pilkauskas on child tax credit allowing parents to leave partners

Aug 15, 2024 The New York Times
Natasha Pilkauskas, Ford School professor talked with the New York Times about the child tax credit helping some mothers leave unwanted partners. She said, "It’s a positive outcome if you don’t have to live together after you’ve broken up,” and the...
In the Media

Stevenson on possibility of Fed rate cuts

Aug 14, 2024 CBS
Betsey Stevenson, Ford School professor, talked on CBS about the possible future cut of interest rates for the Federal Reserve. She said"You know, we’ve seen inflation come down, and we have seen more worrying reports on the employment side. I would...
In the Media

Stevenson: Risk of a recession is pretty low

Aug 6, 2024 CNN
Ford School professor Betsey Stevenson talked with CNN and discussed the outlook for the economy. She said, "What I see is an economy that has been slowing down for the last year." She said that the news about the economy on Friday was not very big...
In the Media

Wolfers on benefits of raising Michigan minimum wage

Jul 31, 2024 The New York Times
Ford School professor, Justin Wolfers, explained the benefits of the phase in period for the raised Michigan minimum wage, saying that this period is "so businesses have a long time to adapt.” Wolfers also said, “perhaps businesses have a bit of...
In the Media

Shaefer on new guaranteed income study findings

Jul 30, 2024 Ms. magazine
Luke Shaefer, Ford School professor and director of Poverty Solutions, commented on the new findings of a study on guaranteed income programs. Shaefer said from the results of this study, “We can rule out the idea that if you give people money, they...
In the Media

Dominguez explains "maximum employment"

Jul 29, 2024 Marketplace
Ford School professor Kathryn Dominguez talked on market place about what the term "maximum employment" means and what and what it means for our economy. She said “It doesn’t necessarily mean that everybody is employed,” instead, “It means that...
News

A sustainable approach for a fairer future - Stevenson

Jul 25, 2024
At the AGSM 2024 Professional Forum hosted by the University of New South Wales in Australia, Ford School professor Betsey Stevenson gave the keynote address on sustainable leadership and how it can help address the world’s most complex problems....
In the Media

Levy: Older Michiganders feeling the financial strain

Jul 19, 2024 Michigan Advance
Helen Levy, Ford School professor, discussed the results of study that found that older Michiganders are feeling financially squeezed even though the state's economy is recovering. She said “Michigan’s unemployment rate is now just under 4%, the...
In the Media

Hot summer electricity use to bring awareness to reliable sources -Rabe

Jul 17, 2024 E&E News
Barry Rabe, Ford School professor, talked about energy prices this summer, noting that, “Right now, in an extremely hot summer, if you’re adding 20-30 percent more electricity use because it’s so hot and it doesn’t cool off, that’s going to show up...
In the Media

Levy reacts to poll on health and financial stress

Jul 16, 2024 McKnights Senior Living
Helen Levy, Ford School professor, discussed the findings of a poll on health and aging that found that poor health exacerbates financial stress more among those aged 50 to 64 than those over 65. Levy said, “Our biggest surprise from this poll is...
News

Cost of living tops Detroiters’ priorities for US government

Jul 8, 2024
With Michigan poised to be a pivotal state in the 2024 presidential election, Detroiters have weighed in on their priorities for the U.S. government.Cost of living and inflation is the issue Detroiters mentioned most when asked about the top issues...
In the Media

Shaefer on expansion of Rx Kids and child tax credit during pandemic

Jul 6, 2024 Bridge Detroit
Ford School professor and director of Poverty Solutions, Luke Shaefer said that “Investments in children pay dividends over the long term." He explained that during the pandemic, with the expanded child tax credit, “For that brief, shining moment,...