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Justin Wolfers

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Justin Wolfers

Professor of Public Policy and Economics
Wolfers is an economist with broad policy-related interests and experience. He is also affiliated with the NBER, Brookings and the Peterson Institute for International Economics. He is a contributing columnist for the New York Times and host of the “Think Like An Economist” podcast. He is a popular teacher and author of a leading economics textbook.

Podcasts

From A.I. to zero emissions Ford School faculty host and are featured in a variety of podcasts, covering policy topics from artificial intelligence, everyday economics, national security, and more.   My job has always been to demonstrate to...
In the Media

Wolfers on student loans: 'Borrow from your future self"

Nov 18, 2022 CNN
Justin Wolfers, CNN: "I tell my students, 'Go ahead and borrow.' And that might sound like counter-intuitive advice from an economist, but here's how I want you to think about it: Go ahead and borrow money from that part of your life when you're...
In the Media

Wolfers discusses tech layoffs

Nov 17, 2022 Washington Post
Justin Wolfers, Washington Post: "That amounts to about one-third of 1 percent of the total separations in a month. Large numbers of separations are actually the norm in the U.S. economy. I think that there is a tendency for the human brain to look...
In the Media

Wolfers compares corporate profits and inflation

Nov 15, 2022 NPR
Justin Wolfers, NPR: "Corporations have celebrated higher prices in their earnings calls ever since the history of the earnings call. Blaming inflation on greed is like blaming a plane crash on gravity. Corporations have always tried to raise prices...
In the Media

Wolfers analyzes latest CPI report

Nov 10, 2022 AlterNet
Justin Wolfers, AlterNet: "This is a very encouraging inflation report. There’s a good chance that inflation has peaked, and is now turning...
In the Media

Wolfers weighs in on MeToo movement in economics

Oct 28, 2022 The Chronicle of Higher Education
Justin Wolfers, The Chronicle of Higher Education: Justin Wolfers, a professor of public policy and economics at the University of Michigan at Ann Arbor who has written about gender issues in the field for The New York Times, said the conversation...
In the Media

U.S. not in a recession, Wolfers tells WDIV

Oct 23, 2022 WDIV
Justin Wolfers, WDIV: "One level more complicated, and another level much simpler. Which is, as of right now, the U.S. economy is not in a recession. Last time we talked, the U.S. economy wasn't in a recession, and the U.S. economy hasn't been...
In the Media

Wolfers comments on failed U.K. tax cut plan

Oct 20, 2022 CNN
Justin Wolfers, CNN: "What I found most interesting is that she sort of tried to implement a – supply side would be one word, Reaganesque would be another word – set of policies. That, of course, is very much what certain wings of the Republican...
News

Wolfers to IMF: reasons for optimism amid uncertainty

Oct 19, 2022
Ford School professor Justin Wolfers, an expert economist, recently joined the International Monetary Fund as a panelist to discuss the current economy and how to boost resiliency.  "I just wanted to offer a moment of rhetorical reframing because...
In the Media

Stevenson and Wolfers address September CPI report for Brookings

Oct 17, 2022 Brookings
Betsey Stevenson, Brookings: "If we can get demand down, we will indeed see that passed through to lower prices, which means the Fed just has to do more. Across the board on average the price of services is rocketing up. And that’s where the Fed is...
In the Media

Wolfers says Fed is on track to a 'soft landing'

Oct 8, 2022 CNN News Source
As economic worries continue, Justin Wolfers, professor of public policy and economics, provided his expert opinion on inflation and the economy. “The thing that’s hurting people of course is inflation," he said. “This has been a key goal of the...
News

Wolfers provides expertise on current state of economy

Sep 9, 2022
Justin Wolfers, professor of public policy and economics, has made numerous appearances in the media recently, providing his expertise on the current state of our economy. Here is a compilation of his recent contributions: 'Both a warning and a...
In the Media

Core measures do a better job to predict inflation, says Wolfers

Aug 16, 2022 Quartz
Economists have a lot of data—consumer prices and monthly inflation rates— to measure inflation and predict prices. But Ford School economist Justin Wolfers explains that cherrypicked numbers are contributing to general confusion about what's...
News

Wolfers sees signs of optimism amid high inflation numbers

Jul 21, 2022
The latest inflation rate numbers show an increase in prices of 9.1%. Ford School economics professor Justin Wolfers has been discussing the intricacies of elements and implications of that rate.   Reacting to the inflationary pressure, the...
State & Hill

Discourse: Ford School faculty in the news, spring 2022

May 31, 2022
“(Putin) has already violated every international treaty, including the U.N. charter, by invading. This has international implications, not just European implications. Now, the question of what we do and how we do it, with regards to sanctions or...
In the Media

Wolfers says recession worries are overstated

May 12, 2022 ABC Australia
The inflation rate in April in the U.S. was 8.3%, slightly down from the previous month. As the Fed addresses the issue, there is worry that stringent measures could cause a recession. Speaking to ABC Australia, Ford School professor Justin Wolfers...
News

Wolfers and Stevenson comment on jobs and inflation

May 6, 2022
Inflation has been as high as 8.5% in recent months, and despite other positive economic factors, CNN reports that President Joe Biden may be “close to the point of no return with Americans on the economy.” Ford School economics professor Justin...
In the Media

Wolfers notes ambiguity in current strength of the economy

Apr 29, 2022 Bloomberg
Bloomberg reports that the Covid-19 pandemic, now in its third year, has turned into a catalyst for lasting economic change, which will outlast the disease. Ford School economics professor Justin Wolfers notes that on the one hand the economy has...
In the Media

Wolfers weighs in on Biden's approval ratings

Apr 16, 2022 Los Angeles Times
Despite low unemployment and rising wages, inflation is causing President Biden to struggle with low approval ratings. Justin Wolfers, professor of public policy and economics, discussed how he would frame the economy to raise approval...
In the Media

'Not a single indicator that a recession is coming' - Wolfers

Apr 13, 2022 Los Angeles Times
With inflation running high, yet unemployment low, President Biden's approval rating has sunk, signaling the economic anxiety of Americans. In light of this, Justin Wolfers, professor of public policy and economics, discussed the economy and...
News

Stevenson and Wolfers discuss latest jobs report

Apr 4, 2022
The labor market is still booming, according to the latest jobs report. Justin Wolfers and Betsey Stevenson, both professors of public policy and economics, broke down what the jobs report means for Americans. "I do think it more likely that the...