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

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In the Media

Economy is 'extraordinary' - Wolfers

Mar 12, 2023 WDIV
Justin Wolfers, WDIV: "My summary is what a little ripper. Last month, we were extraordinary. So we aren't extraordinary two months in a row, we're merely very good. This is the sort of job growth that maybe we've gotten used to over the past couple...
Justin Wolfers
In the Media

Wolfers remains optimistic about economy

Mar 10, 2023 BBC
Justin Wolfers, BBC: "The best forecast for the future state of the economy is the current state and the current state is good. There's a recessionary vibe, but there's no recessionary...
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News

Wolfers breaks down tooth fairy economics

Mar 5, 2023
The average amount the Tooth Fairy gives children has jumped by 16%, to $6.23. Justin Wolfers, professor of public policy and economics, discussed the economics behind the rise.  "The children of America are getting what their parents are not:...
Justin Wolfers
News

Wolfers optimistic about soft landing for economy

Feb 17, 2023
As concerns about the economy continue, one economist is optimistic. Justin Wolfers, professor of public policy and economics, recently talked with NPR to discuss his economic analysis and predictions. "You're talking to an economist who is going...
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In the Media

Wolfers celebrates low unemployment rate

Feb 10, 2023 NPR
Justin Wolfers, NPR: "We're celebrating unemployment being at a 50-year low. This is only three years after the scariest economic moment of my lifetime. If you had said in three short years we'll yield an unemployment rate that earlier generations...
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News

Wolfers optimistic on inflation and recession risks

Feb 8, 2023
The U.S. economic recovery from the significant setbacks of the pandemic has seen inflationary pressure from supply chain disruptions and the war in Ukraine, among other factors. Justin Wolfers, Ford School professor of public policy and...
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In the Media

Is the economy good? Wolfers says yes

Feb 3, 2023 Vox
Justin Wolfers, Vox: "If you want a dramatic one-word answer, the answer is yes. Unemployment’s at a 50-year low, that’s the standard metric for thinking about how the economy is performing. Job growth is continuing, so it’s not only good, it’s...
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In the Media

Job creation is 'unimaginably positive' - Wolfers

Feb 3, 2023 Michigan Radio
Justin Wolfers, Michigan Radio: "The U.S. economy is now creating jobs at a rate that is unimaginably positive. 2022 was the second fastest rate of job creation in American...
Justin Wolfers
In the Media

Wolfers explains the debt ceiling

Jan 19, 2023 One News Page
Justin Wolfers, One News Page: "The person who raises your credit card limit is the credit card company. It's the lender. Speaker McCarthy is part of the government. The government is the borrower. The only choice the borrower makes, and we all face...
Justin Wolfers
In the Media

Wolfers discusses inflation and interest rates

Jan 19, 2023 WDET 101.9
Justin Wolfers, WDET 101.9: "Inflation was distressing. Right now, it may still be a little distressing. The future looks like it's going to be a whole lot less distressing.  The Fed's worried because inflation still is above its target level. It...
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In the Media

Wolfers provides 2023 economic forecast

Dec 21, 2022 In the Bubble
Justin Wolfers, In the Bubble: "(Inflation’s) almost certainly peaked. That’s the mainstream view among both Wall Street and academic economists right now. The Fed’s own forecasts show that it expects inflation to fall relatively dramatically over...
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News

Wolfers challenges us to reimagine the social contract

Nov 30, 2022
Justin Wolfers, professor of public policy and economics, recently sat down with the International Monetary Fund, arguing that the time is now to reimagine institutions that foster social cohesion. "The COVID moment has been and still is an...
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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...
Justin Wolfers
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...
Justin Wolfers
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...
Justin Wolfers
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...
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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...
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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...
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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...
Justin Wolfers
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...
Justin Wolfers
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...
Betsey Stevenson and Justin Wolfers
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...
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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...
Justin Wolfers
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...
Justin Wolfers