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 discusses NFL players and work benefits

Feb 12, 2025 Freakonomics
Betsey Stevenson, economist and Ford School professor, talked on Freakanomics radio about the results of the first workplace survey of NFL players. She focused on the work benefits NFL players may want or could be receiving from their employers as a...
News

Under Trump, "Laws Are Just Vibes", says Moynihan

Feb 10, 2025
"On Friday, the administration announced that it would cap the overhead, or “indirect” rates, that the National Institutes of Health allows on its grants to universities," writes Ford School professor Don Moynihan in an essay published by The...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
News

Ford school faculty available to weigh in on 2024 elections

Jan 28, 2024
The University of Michigan has published an experts guide to the 2024 elections. Ford School faculty are available to offer insights on relevant issues impacting the elections, including the following:  Economics Betsey Stevenson, professor of...
News

Lyft Welcomes Betsey Stevenson to Board of Directors

Nov 17, 2023
Today, Lyft announced that Ford School economics professor Betsey Stevenson has joined Lyft’s Board of Directors, effective November 16, 2023. She will also serve as a member of the Nominating and Corporate Governance Committee.  “Betsey is a...
News

Raimondo addresses labor market changes

Oct 24, 2023
U.S. Secretary of Commerce Gina Raimondo addressed labor market challenges in a conversation with Ford School economics professor Betsey Stevenson. She noted the vast number of people and agencies within the Department of Commerce –  nearly 47,000...
In the Media

Wolfers on the significance of Claudia Goldin's Nobel Prize

Oct 10, 2023 Axios
Justin Wolfers, Axios: Women were "barely thought of, if at all," in economists' past labor market empirical analysis says Justin Wolfers, an economist at the University of Michigan. Plus, where it was standard for men to study men in the labor...