Justin Wolfers | Gerald R. Ford School of Public Policy
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Justin Wolfers

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Core faculty

Justin Wolfers

Professor of Public Policy and Economics (on sabbatical leave)
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...
News

Wolfers: Two Reasons for Optimism About the Economy

Mar 23, 2025
"The air is thick with recession talk, and stocks are cratering. But it just may be a mirage, a refraction of partisan distortions" wrote Ford School professor, Justin Wolfers, in a recent guest essay for The New York Times."It started with a...
In the Media

Wolfers offers what to expect with Trump's proposed tariffs

Mar 13, 2025 CNN
If Trump's proposed 200% tariffs on alcohol coming from the EU are enacted, “it means your liquor store probably won’t stock it." Noted Justin Wolfers, an economics professor at the Ford School. He told CNN that he believes the tariff “would drive...
In the Media

Wolfers: It's not a world trade war, but an American trade war

Mar 12, 2025 ABC Australia
Justin Wolfers, Ford School professor talked with ABC Australia about Trump's trade war and how other countries like Australia have yet to retaliate. Wolfers said "we haven't seen any action of non-US countries imposing tariffs on each other so its...
In the Media

Wolfers acknowledges economic uncertainty for business owners

Mar 10, 2025 ABC Australia
On an ABC Australia review on the current economic state of the U.S. and the outlook on what's to come for business owners and CEOs. the Ford School's Justin Wolfers stated the Trump Administration's economic policies have "raised the possibility...
In the Media

Wolfers comments on public perception of the economy

Mar 10, 2025 Marketplace
“Just because folks say they’re unhappy about the state of the economy, that doesn’t mean much,” said Justin Wolfers, an economics and public policy professor at the Ford School. Speaking with Marketplace, Wolfers asserts that it's important to...
News

Wolfers weighs in on tariffs, uncertainty, and the stock market

Mar 9, 2025
Ford School professor and economist Justin Wolfers discussed the impacts of tariffs, uncertainty, and consumer sentiment on the US economy with several news outlets last week. Wolfers highlighted the response the stock market had to tariffs and what...
In the Media

American labor market is fundamentally healthy - Wolfers

Mar 7, 2025 The New York Times
Justin Wolfers, Ford School professor and economists, says the most recent job report data shows that “This is a fundamentally healthy labor market, continuing its earlier momentum, albeit at a slightly slower...
In the Media

Wolfers empathizes with consumers concerns for the future economy

Feb 25, 2025 CNN
Following the third consecutive fall of The Conference Board’s Consumer Confidence Index, the Ford School's Justin Wolfers told CNN, “The fact that consumers don’t feel like it’s smooth sailing — you’ve got one very obvious suspect. That’s the White...
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

China's retaliation on Trump's tariff policy - Wolfers

Feb 6, 2025 MSNBC
Fixating on the early actions of the Trump administration, Justin Wolfers spoke with MSNBC on President Trump's imposed tariff policy. Wolfers explained how China has pushed back on the tariff policy. "China has levied a bunch of retaliation...
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...
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...
News

The stock market drama was a toddler tantrum, says Wolfers

Aug 12, 2024
"They’re unpredictable, volatile and prone to sharp emotional swings. They have short attention spans and find change difficult because they are frequently scared of new things or overly enthusiastic about them. They’re impulsive, demand attention...
State & Hill

Discourse: Fordies in the news, spring 2024

Apr 24, 2024
“The most likely explanation for our findings is that Black—and to a lesser extent Hispanic—families were more concerned about the health risks associated with in-person schooling than white families. This is consistent with the fact that nonwhite...
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...
State & Hill

Spotlights, fall 2023

Dec 10, 2023
What’s on the barbie? Economists Justin Wolfers and Betsey Stevenson were on the guest list as the White House hosted a State Dinner for Australia’s Prime Minister Anthony Albanese in October. Skills match More than fifty...
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...