Iran war

Read the analysis: Ford School Lecturer Rusty Hills, former chair of the Michigan Republican Party, in the Detroit Free Press.

Ford School economics professor Justin Wolfers says the Iran war could cost every American household tens of thousands of dollars

Betsey Stevenson and Justin Wolfers discuss market volatility on CNN

The Ford School's Rusty Hills explains how the war in Iran is already impacting prices at the pump and what this could mean for Republicans running in the 2026 midterms.

“Single mothers often have the least financial cushion to absorb price shocks,” said Betsey Stevenson, an economist at the University of Michigan and former chief economist at the U.S. Department of Labor.

Don Moynihan cites Trump’s "almost childish impetuousness": A through line of Trump’s actions is that they are impulsive, with little consideration of the constraints or consequences. We clearly see this with Iran, where the president has shown littl...