American economist
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Tonight on The Last Word: Donald Trump condemns Vladimir Putin after Russia strikes Ukraine. Also, Trump attacks judges in a Memorial Day post. Plus, Trump escalates his fight with Harvard University. The Trump trade war undercuts American battery makers. House Republicans pass a bill that would cut Medicaid funds from Planned Parenthood. And Trump delays 50% tariffs on EU goods until July 9. Amb. Michael McFaul, Rep. Zoe Lofgren, Norm Ornstein, Laurence Tribe, Michigan State Rep. Joe Tate, Rep. Adam Smith, Carrie Baker, and Betsey Stevenson join Lawrence O'Donnell.
Guests: Jamal Greene, Maya Wiley, Rep. Pramila Jayapal, Betsey Stevenson, Kylie RobisonTonight, Donald Trump tries to re-write the Constitution. Will the Supreme Court allow Trump to decide who is an American citizen? Then, why Republican defections are causing big trouble for Trump's beautiful bill. Plus, Walmart's plans to raise prices as the Trump tax arrives at America's largest retailer. And what in the world is happening to Elon Musk's chatbot Grok? Want more of Chris? Download and subscribe to his podcast, “Why Is This Happening? The Chris Hayes podcast” wherever you get your podcasts.
Markets continue to tumble across the world after President Trump said he won't back down from his aggressive trade policies. Unlike previous economic crises, the pain is entirely self-inflicted. Betsey Stevenson is a former economic adviser to President Obama and a Professor of Economics at the University of Michigan. Justin Wolfers is also a Professor of Economics at the University of Michigan and they both join the show. Also on today's show: Utah State Senator Nate Blouin; Turkish journalist Ece Temelkuran; NYT reporter Steven Kurutz Learn more about your ad choices. Visit podcastchoices.com/adchoices
Guests: Steve Liesman, Sen. Chris Murphy, Betsey Stevenson, Justin Wolfers, Sen. Andy Kim, Josh MarshallThe President of the United States tanks the markets. Tonight: the Trump crash, the Chinese retaliation, and what it all means for you. Then, stunning new details on the national security purge by way of a MAGA conspiracy theorist. And the growing outrage from veterans groups and beyond as the President chooses a weekend of golf over honoring slain American soldiers. Want more of Chris? Download and subscribe to his podcast, “Why Is This Happening? The Chris Hayes podcast” wherever you get your podcasts.
Betsey Stevenson, former chief economist for the U.S. Department of Labor, discusses the likely consequences for average American consumers of Donald Trumps ill-considered tariffs, and explains why, even in Trump's best case scenario, his tariff gambit is not worth the pain he is imposing on the U.S. economy.
Guests: Sen. Cory Booker, Betsey Stevenson, Mark Joseph SternThe Trump White House sets its sights on the social safety net. Tonight: the new "Big Lie" and the Trump threat to Social Security. Then, new reporting on the excruciating mistakes caused by the DOGE chainsaw. Plus, today's surprising defeat for Donald Trump at the Supreme Court. Then, the growing blowback at home and abroad after three days of trade war. And why America's top health official is responding to a measles outbreak...with cod liver oil? Want more of Chris? Download and subscribe to his podcast, “Why Is This Happening? The Chris Hayes podcast” wherever you get your podcasts.
In 2023, the N.F.L. players' union conducted a workplace survey that revealed clogged showers, rats in the locker room — and some insights for those of us who don't play football. Today we're updating that episode, with extra commentary from Omnipresent Football Guy (and former Philadelphia Eagle) Jason Kelce. SOURCES:Tom Garfinkel, vice chairman, C.E.O., and president of the Miami Dolphins.Jim Ivler, certified contract advisor for players in the National Football League.Jason Kelce, host of New Heights podcast and former center for the Philadelphia Eagles.Jalen Reeves-Maybin, linebacker for the Detroit Lions and president of the National Football League Players Association.Betsey Stevenson, professor of public policy and economics at the University of Michigan.J.C. Tretter, former president of the National Football League Players Association and former offensive lineman.Mark Wilf, owner and president of the Minnesota Vikings. RESOURCES:“N.F.L. Player Team Report Cards,” by the National Football League Players Association (2024)."NFLPA team report cards: Dolphins rank No. 1; Jaguars jump from 28th to fifth; Commanders earn worst grade," by Jonathan Jones (CBS Sports, 2024).Kelce, documentary (2023).“The N.F.L. Cast Him Out; He Says That Only Makes Him More Powerful,” by Alex Prewitt (Sports Illustrated, 2022).New Heights with Jason and Travis Kelce, (produced by Wave Sports + Entertainment). EXTRAS:"Why Don't Running Backs Get Paid Anymore?" by Freakonomics Radio (2025)“How Does Playing Football Affect Your Health?” by Freakonomics, M.D. (2023).“Why Does the Most Monotonous Job in the World Pay $1 Million?” by Freakonomics Radio (2022).
2025 is officially here, and with it comes a new administration in the White House, along with new economic policies that will impact you and your wallet. On the most recent episode of Your Money Map, our weekly show with the Alliance for Lifetime Income, we're joined by Betsey Stevenson, University of Michigan Public Policy and Economics Professor and Former Chief Economist of the U.S. Department of Labor, to talk about what economic changes in the New Year could mean for retirees. If you like this episode and want more, check out all of our Your Money Map episodes at protectedincome.org/your-money-map/ or tune in live every Wednesday at 12 PM ET on Facebook or LinkedIn. Resources mentioned in this episode: Think Like An Economist Podcast Alliance for Lifetime Income: ProtectedIncome.org Learn more about InvestingFixx, our women's investing club where you can vote on stocks, build a model portfolio, and grow your financial knowledge. Take the next step in your financial journey with FinanceFixx, our money makeover program. Have a question for us? Write to us (or send us a voice note!) at mailbag@hermoney.com. While you're at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices
Betsey Stevenson is a Professor of Economics at Michigan. Betsey is also the former Chief Economist at the Department of Labor. Get full access to What Happens Next in 6 Minutes with Larry Bernstein at www.whathappensnextin6minutes.com/subscribe
How Much Will the Harris/Walz Pro-Labor Stance Help Get Them Elected With 70% of Americans Approving of Unions? | America's Growing Economic Inequality | The Democratic Party Will Need a House and Senate Majority to Pass the PRO Act for President Harris to Sign
After what feels like endless speculation - although it's only been about two weeks - Kamala Harris has chosen her chosen Minnesota Governor Tim Walz running mate. Walz has a track record of winning even in conservative-leaning districts. The Trump camp has already begun its campaign against Walz, labelling him a dangerous radical. Joining the program is Geoff Duncan, a Republican who served as the Lieutenant Governor of Georgia until last year and who now he says he'll vote for Harris over Trump. Also on today's show: "Pod Save the UK" cohosts Nish Kumar and Coco Khan; Betsey Stevenson, Professor of Public Policy and Economics, University of Michigan; author Edward Wong ("At The Edge of Empire") Learn more about your ad choices. Visit podcastchoices.com/adchoices
We hear from Betsey Stevenson, Former Economic Adviser to President Obama, who served on the transition team for the Biden-Harris ticket - as the first Democratic Senator publicly calls for President Biden to stand aside as the party's presidential nominee.Meanwhile the US imposes steel tariffs on Mexico - at least the steel coming from China. We ask whether tariffs are economically the way forward - or backward.Plus in Greece - new regulations are being introduced to limit the areas on beaches that bars and restaurants can use. The rules are intended to leave enough space for the public, who have complained about exorbitant prices charged by beachfront businesses that restrict their free access.Rahul Tandon is joined by Fermin Koop in Argentina and Zyma Islam in Bangladesh to discuss the most important and interesting global business and economic stories.
Guest-hosted by Brian Stelter: Many Americans say the economy is their top issue this election year, with roughly two-thirds of voters saying they don’t feel it’s working for them. That’s despite a variety of indicators that show the economy is healthy and thriving. Guest host Brian Stelter talked with Megan Leonhardt, a senior writer for Barron’s, and Betsey Stevenson, a labor economist and professor at the University of Michigan, about the disconnect between the data and voter sentiment, as well as Joe Biden’s and Donald Trump’s first-term track records.
University of Michigan Economics Professor and Bloomberg Opinion Columnist Betsey Stevenson weighs in on whether we can declare victory over inflation yet, and discusses potential economic risks in 2024, wage growth versus inflation and US fiscal policy. She speaks with Bloomberg's Guy Johnson and Sonali Basak.See omnystudio.com/listener for privacy information.
This week on a crossover episode of What's at Stake and the Macrocast, host Ylan Mui is joined by Betsey Stevenson, economics professor at the University of Michigan, to discuss the real-world impacts of Claudia Goldin's work. This October, Goldin became the first solo woman to win the Nobel Prize in Economics for her work on women's labor market outcomes and the gender pay gap. Goldin was Stevenson's mentor and professor at Harvard, and Stevenson provides incredible insights into the last legacy of Goldin's groundbreaking research. A former member of the Council of Economic Advisers under President Obama and former Chief Economist of the U.S. Department of Labor, Stevenson herself is a leading expert on women's labor market experiences and the economic forces shaping the modern family. Tune in to hear an illuminating conversation about the importance of flexibility in the workplace, "greedy" jobs, and more.
New Zealanders will be casting their vote on Saturday in the country's general election, 9 months after Jacinda Arden unexpectedly resigned as Prime Minister. They'll be deciding whether to give Labour a third term in office, or flip to a National-led government. We'll hear from the current finance minister and the deputy leader of the opposition. Ford Motor shares fell after the United Auto Workers (UAW) union expanded its strike at the company's biggest and most profitable factory in Kentucky. The UAW said 8,700 workers walked out of the truck plant in Kentucky, in response to Ford refusing to move further in contract negotiations. Vivienne Nunis discusses this and more of the business news from around with Colin Peacock, the host of MediaWatch at Radio New Zealand and Betsey Stevenson, Professor of public policy and economics at the University of Michigan. (Photo: A voting sign on display outside a polling booth during election day on October 17, 2020 in Wellington, New Zealand. Picture Credit: Getty Images)
Leaders around the world are rolling back climate policies and pledges, purportedly to boost their economies. In Britain, the government has just approved a huge new oil and gas field in the North Sea, one week after Prime Minister Rishi Sunak slow-rolled carbon neutral targets. The International Energy Agency says that limiting global warming to 1.5 degrees Celsius would require no new drilling, while a new report by Oxford University finds that Britain's energy needs could be met entirely by wind and solar power by 2050. The deputy leader of the UK Green Party, Zack Polanski, joins the show to discuss climate politics, UK energy security, and future energy supply. Also on today's show: Betsey Stevenson, professor of economics and public policy and former adviser to President Obama, discusses whether the green agenda in the US is at risk, as well as the future of electrical vehicles and auto makers. To learn more about how CNN protects listener privacy, visit cnn.com/privacy
The Labor Department released its latest employment data, revealing 187,000 new jobs added to the U.S. economy in August. CNBC reporters Rick Santelli and Steve Liesman discuss whether the unemployment rate, which ticked up to 3.8%, will inform the Federal Reserve's monetary policy moving forward. President Obama's former chief economic advisor Betsey Stevenson, Nuveen's CIO Saira Malik, and former deputy director of the National Economic Council Andrew Olmem discuss the data and the influence it will have on interest rate hikes in the second half of the year. In this episode:Melissa Lee, @MelissaLeeCNBCScott Wapner, @ScottWapnerCNBCSteve Liesman, @steveliesmanRick Santelli, @RickSantelliCameron Costa, @CameronCostaNY
Tonight on The Last Word: A third defendant is added in the Trump classified documents case. Plus, President Biden touts manufacturing jobs created by Bidenomics. Also, African leaders meet with Putin, urging peace talks with Ukraine. And Florida approves the use of right-wing content in classrooms. Harry Litman, Peter Strzok, Betsey Stevenson, Terrell Jermaine Starr, Ruth Ben-Ghiat, and Becky Pringle join Ali Velshi.
Cohost Michael Chui talks with Betsey Stevenson and Justin Wolfers, both professors of public policy and economics at the University of Michigan. They cover topics including the following: Subjective well-being How the labor market has evolved since the pandemic A decline in inequality The potential impact of AI Why write a new economics text book? See www.mckinsey.com/privacy-policy for privacy information
The level of US government debt has just surpassed 32 trillion dollars. Negotiations over raising the borrowing limit once again went down to the wire a few weeks ago. But how concerned should we all be about how much the US government borrows? We investigate with the help of Kent Smetters, professor at the Wharton School of the University of Pennsylvania and Betsey Stevenson, Professor of Economics and Public Policy at the University of Michigan. Presenter: Charlotte McDonald Producer: Jon Bithrey Editor: Richard Vadon Production Co-ordinator: Brenda Brown Sound Engineer: Graham Puddifoot
Welcome to the Burn Bag's collaboration with Girl Security, a workforce mentorship program designed to help young women pursue careers in National Security. This series focuses on how we can reframe our thinking on National Security — what is pertinent to national security in the 21st century? Who, or what, is missing from the national security discussion? Join us as we explore topics within each episode alongside experts in the realm of national security, hosted by Andrea Ochoa and Girl Security Fellows.As a professor at the Gerald R. Ford School of Public Policy and former chief economist of the U.S Department of Labor, Dr. Stevenson was able to speak to Andrea and Aurelia Van der Wilde about the role of economic influence and national security interests at both macro and micro levels. We explore how countries wield economic influence abroad, how we define economic vitality at home, and how having a secure economy is of importance to national security interests. We later delve a bit more into Dr. Stevenson's work researching labor market experiences and unpaid labor. Are public policy solutions plausible? Tune in to this episode as we discuss!
European banks come under pressure as the fallout from the collapse of Silicon Valley Bank continues - we hear from Walter Todd Chief Investment Officer - Greenwood Capital, and the Nobel Prize winning economist Professor Philip Dybvig, Professor of Banking and Finance at the Olin School of Business at Washington University in Saint Louis. Also today a key meeting between South Korea and Japan, and the European nation pumping the brakes on road building - Wales' deputy minister for climate change Lee Waters tells us more. Will Bain is joined throughout by Tokyo-based Yoko Ishikura, Professor Emeritus at Hitotsubashi University, and from Ann Arbor, by Betsey Stevenson, Professor of public policy and economics at the University of Michigan.
It is painful, it is tough, and it's where Ukraine's future will be determined, says Ukraine's President Volodymyr Zelensky of the brutal fighting in the east of his country. Russians and Ukrainians are essentially locked in a war of attrition, each side rapidly losing troops, something Russia has in much bigger supply. Few actually know the stakes of this fight better than the Baltic states – they are Putin's neighbors and some of Ukraine's staunchest backers. In Estonia, Prime Minister Kaja Kallas's fierce support for Kyiv helped secure her decisive re-election victory last week, and she joins Christiane from Tallinn to sound the alarm against any notion of appeasing Putin. Also on today's show: Betsey Stevenson, Professor of Public Policy and Economics, Univ. of Michigan & James Jacoby, Director/Correspondent, Frontline's “Age of Easy Money”; Adam Gopnik, Author, “The Real Work: On the Mystery of Mastery” To learn more about how CNN protects listener privacy, visit cnn.com/privacy
Can Germany Persuade its Biggest Trading Partner China to to Bring Russia to the Peace Table? | 200 Economists Urge Leaders of Congress to Raise the Debt Ceiling to Avoid a "Dangerous and Unnecessary" Economic Crisis | A Different Perspective on Demonstrations in Mexico Against AMLO's Electoral Reforms backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia
On today's programme, China sees a historic fall in birth rate with consequences for its economy and the world. The Bank of Japan will decide on its latest course of monetary policy, we discuss what it might mean. Rahul Tandon is joined throughout the programme by Betsey Stevenson, professor of public policy and economics at the University of Michigan and Isin Elicin, a freelance journalist based in Istanbul in Turkey. (Picture: A nurse takes care of a newborn baby in a maternity hospital in Fuyang in central China's Anhui province. Credit; Getty Images)
We often think about the economy as being driven by how productive we are on the job, but the pandemic made it clear that our personal lives and our work lives are in fact deeply linked. Betsey Stevenson is a labor economist who studies how families are shaped by their economic situations and the decisions that policymakers make. Stevenson is a professor at the University of Michigan and a former economic advisor to the Obama administration. Journalist Rhoda Metcalfe spoke with Betsey Stevenson about her research into the powerful connections between our work and home life for the IMF series on extraordinary Women in Economics. Transcript: https://bit.ly/3X7ihML
Andy wants to share one of his favorite episodes from this year that's just as relevant today as it was when we taped it. The price of goods like gasoline and food is up sharply amid the highest inflation since the 1970s, and a stock market slump may be impacting your investment portfolio. What should you do as you watch the pump tick up and your 401(k) tick down? Andy sits down with two money experts, the Washington Post's Michelle Singletary and President Obama's Economic Advisor Betsey Stevenson, to better understand what's going on in our economy right now and how to weather this storm. Keep up with Andy on Twitter @ASlavitt. Follow Michelle Singletary and Betsey Stevenson on Twitter @SingletaryM and @BetseyStevenson. Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium. Support the show by checking out our sponsors! CVS Health helps people navigate the healthcare system and their personal healthcare by improving access, lowering costs and being a trusted partner for every meaningful moment of health. At CVS Health, healthier happens together. Learn more at cvshealth.com. Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: https://lemonadamedia.com/sponsors/ Check out these resources from today's episode: Order Michelle's book, “What To Do With Your Money When Crisis Hits”: https://www.harpercollins.com/products/what-to-do-with-your-money-when-crisis-hits-michelle-singletary Read Betsey's research on subjective well-being and income: https://users.nber.org/~jwolfers/papers/Satiation(AER).pdf Find vaccines, masks, testing, treatments, and other resources in your community: https://www.covid.gov/ Order Andy's book, “Preventable: The Inside Story of How Leadership Failures, Politics, and Selfishness Doomed the U.S. Coronavirus Response”: https://us.macmillan.com/books/9781250770165 Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia. For additional resources, information, and a transcript of the episode, visit lemonadamedia.com/show/inthebubble.See omnystudio.com/listener for privacy information.
Fifty years ago, we came close to building an amazing childcare system in America. We'd seen how successful childcare had been during WWII, when women went to work in factories and temporary care was put in place. Kids thrived. But after the war, women returned to homemaking and years later, when the topic was revisited, there was backlash over what it would mean for families if moms worked, and the Government balked. But here's the thing: In those intervening 50 years, we've seen exactly what happens when moms work. The economy grows! And when we invest in care, like we did during the pandemic through the American Rescue Plan, children benefit. Yet we're still in utter chaos when it comes to care and there's a steady refrain that it's every family for themselves. What is this crisis really costing us? Not just today, but tomorrow and for generations to come? In this frank and candid conversation, renowned economist Betsey Stevenson, Reshma and Tim talk about how we got here, what's at stake, and what it will take to change the future.
In November, Huy Tu found out they were one of 11,000 Meta employees being laid off. Tu is allowed to stay in the U.S. through the OPT program, which requires that they be employed. Since there is only a 90-day grace period for employees who are laid off, Tu is now racing to find a new job. That will be especially difficult because nearly 150,000 tech workers have lost their jobs this year, according to Layoffs.fyi, which tracks the number.NPR's Stacey Vanek Smith reports on the struggle many immigrants are now facing.Betsey Stevenson, a labor economist at the University of Michigan who also served in the Obama administration, explains what the tech layoffs might mean for the broader economy.You can hear more about the tech layoffs on 1A.In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.Email us at considerthis@npr.org.
Europe is cracking down on Russian oil and Poland is now backing a policy that should radically reduce the income Moscow gets from its oil. So how is it going to work? The US jobs market stays strong - but what about all the Americans still staying at home because of long Covid? Also on the programme, the right wing talk show host Alex Jones files for bankrutpcy as he faces paying more than a billion dollars in damages. Plus - 30 years after the first text message - how a few short words have changed all our lives Roger Hearing is joined throughout the programme by Peter Ryan, ABC Australia senior business correspondent - who's in Sydney, and Betsey Stevenson, former Member of President Obama's Council of Economic Advisers & Chief Economist at the US Labour department, now professor of public policy and economics at the University of Michigan. She joins from Ann Arbor. (Picture: Drilling rig and support vessel on offshore area; Credit: Getty Images)
“By many objective measures the lives of women in the United States have improved over the past 35 years, yet we show that measures of subjective well‐being indicate that women's happiness has declined both absolutely and relative to men.” This is the opening line of a Yale study conducted by Betsey Stevenson and Justin Wolfers. In this episode, we make the final and missing connection between why feminism has eroded women and the declining happiness rates of American women. We leave it with the unpopular suggestion, that MAYBE! Just Maybe, Feminism has FAILED women. ORIGINAL STUDY LINK: https://law.yale.edu/sites/default/files/documents/pdf/Intellectual_Life/Stevenson_ParadoxDecliningFemaleHappiness_Dec08.pdf
The Federal Reserve raises its benchmark interest rate and gas prices hit historic highs. Chuck speaks with Stephanie Ruhle, CNBC's Kayla Tausche and former Department of Labor Chief Economist, Betsey Stevenson talk whether the Biden Administration can take to prevent a recession. Daniel Yergin, energy expert and S&P Global Vice Chairman, explains why gas prices hit historic highs but oil hasn't. Eugene Daniels, Symone Sanders and Jim Dornan talk about the primary results and the political impact of the January 6th committee investigation. Ali Vitali reports from Capitol Hill.
Tonight on the Last Word: Families mourn the victims of the Uvalde school shooting. Also, Peter Navarro is indicted on contempt of Congress charges. Plus, Vladimir Putin's war in Ukraine reaches the 100th day. And the U.S. added 390K jobs in May, while holding the unemployment rate steady at 3.6 percent. Paola Ramos, Mike Baker, Paul Butler, Ryan Reilly, Adm. James Stavridis and Betsey Stevenson join Ali Velshi.
The price of goods like gasoline and food is up sharply amid the highest inflation since the 1970s, and a stock market slump may be impacting your investment portfolio. What should you do as you watch the pump tick up and your 401(k) tick down? Andy sits down with two money experts, the Washington Post's Michelle Singletary and President Obama's Economic Advisor Betsey Stevenson, to better understand what's going on in our economy right now and how to weather this storm. Keep up with Andy on Twitter @ASlavitt. Follow Michelle Singletary and Betsey Stevenson on Twitter @SingletaryM and @BetseyStevenson. Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium. Support the show by checking out our sponsors! America's psychiatric emergency systems are struggling to assist those in dire need of help. The Kennedy-Satcher Center for Mental Health Equity, a subsidiary of the Satcher Health Leadership at Morehouse School of Medicine, is partnering with Beacon Health Options to establish critical guidelines for dismantling inequity through its new research and policy initiative. You can join the movement too by attending their upcoming virtual summit. Go to kennedysatcher.org to register today. Beacon Health Options has also published a new white paper online called Reimagining Behavioral Health Crisis Systems of Care. Download it today at beaconlens.com/white-papers. Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: https://lemonadamedia.com/sponsors/ Check out these resources from today's episode: Order Michelle's book, “What To Do With Your Money When Crisis Hits”: https://www.harpercollins.com/products/what-to-do-with-your-money-when-crisis-hits-michelle-singletary Read Betsey's research on subjective well-being and income: https://users.nber.org/~jwolfers/papers/Satiation(AER).pdf Find vaccines, masks, testing, treatments, and other resources in your community: https://www.covid.gov/ Order Andy's book, “Preventable: The Inside Story of How Leadership Failures, Politics, and Selfishness Doomed the U.S. Coronavirus Response”: https://us.macmillan.com/books/9781250770165 Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia. For additional resources, information, and a transcript of the episode, visit lemonadamedia.com/show/inthebubble. See omnystudio.com/listener for privacy information.
The May jobs reports showed U.S. employment is still going strong despite higher prices and interest rates. Employers added a net 390,000 jobs last month as the unemployment rate remained steady at 3.6 percent. Betsey Stevenson, a public policy and economics professor at the University of Michigan and the former chief economist for the Department of Labor, joins William Brangham to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
The May jobs reports showed U.S. employment is still going strong despite higher prices and interest rates. Employers added a net 390,000 jobs last month as the unemployment rate remained steady at 3.6 percent. Betsey Stevenson, a public policy and economics professor at the University of Michigan and the former chief economist for the Department of Labor, joins William Brangham to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
Podcast for the UCLA Burkle Center for International Relations
Betsey Stevenson, Professor of Public Policy and Economics, University of Michigan.
A special economics-focused episode. With the U.S. and world economy in the apparent doldrums, & fears of an inflation-driven recession gripping the globe, a top policymaker--Representative Raja Krishnamoorthi—and two world-class economists--Austan Goolsbee and Betsey Stevenson—join Harry to work through key economic indicators & explain the state of play at home and abroad. The group ends with some individual thoughts about the horrific events in Uvalde, Texas, and possible policy responses.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Tonight on the Last Word: Pennsylvania Attorney General Josh Shapiro says Doug Mastriano wants to impose his will on the people. Also, 192 House Republicans vote against the bill to address the baby formula shortage. Plus, the Georgia GOP primary will test the power of Donald Trump. And Ukraine President Zelenskyy calls for “maximum” sanctions against Russia. Fmr. Rep. Max Rose, Betsey Stevenson, Anat Shenker-Osario, Greg Bluestein, Cal Perry and Gabor Rona also join Ali Velshi.
What's behind the price hikes on cars, food, fuel, and many other items? Is there too much money in the economy? Is it a supply chain problem? And is this a bump on the road to recovery from the economic shocks of the pandemic or a long-term trend? We ask GSAS alumna Betsey Stevenson, professor of public policy and economics at the University of Michigan and a member of the Council of Economic Advisers during the Obama Administration, how worried consumers should be about inflation.
Economist Betsey Stevenson and former Rep. Donna Shalala say the Senate needs a cardiologist on hand, for the stress they're causing the U.S. economy. They join Bianna Golodryga to discuss how congress is playing a dangerous game with the debt ceiling. Then Chief China correspondent for the Wall Street Journal Lingling Wei explains how President Xi Jinping is dramatically steering China away from capitalism. Turning to coronavirus, our Hari Sreenivasan speaks to critical care nurse Kathryn Sherman about working on the front lines of the pandemic and treating the sickest patients. And finally, author Mary Roach talks about her new book "Fuzz: When Nature Breaks the Law", and the impact of humans colliding with the natural world. To learn more about how CNN protects listener privacy, visit cnn.com/privacy
With many low-paying jobs going unfilled, it seems that the COVID-19 crisis has forced a much-needed adjustment in a labor market where workers had long suffered from a decline in bargaining power. But, as pandemic-support programs end and automation accelerates, workers face serious risks. See acast.com/privacy for privacy and opt-out information.
Dean Curnutt, Macro Risk Advisors Founder and CEO, examines volatility in the market ahead of the U.S. election. Robert B. Wilson, Stanford University Professor, reacts to winning the 2020 Nobel Prize in Economics for his improvements to auction theory. Betsey Stevenson, University of Michigan Economics Professor and Former Chief Economist of the U.S. Department of Labor, says the U.S. can fuel growth by harnessing the untapped potential of the labor force. Paul Donovan, UBS Global Chief Economist, says the failure to do fiscal stimulus now in the U.S. is doing real damage to the economy. Nobel Laureate Michael Spence shares insights into the award-winning work of Paul Milgrom and Robert B. Wilson, whose discoveries were recognized today with the 2020 Nobel Prize in Economics. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Economics has changed, with new areas of inquiry such as behavioral economics, the role of information, and network and contagion effects. Economics students have also changed, coming from more diverse backgrounds, representing a wider range of ages, and having broader career and life interests. The economy has changed as well, due to the 2008 financial crisis, the rise of the digital economy, the effects of COVID-19, and the growing importance of services. As we begin the new academic year, EconoFact Chats interviews Betsey Stevenson and Justin Wolfers (University of Michigan) on the way they have addressed these changes in their new Principles of Economics textbook. Betsey and Justin also discuss their efforts to make the teaching of economics more inclusive, to draw to the subject women and people from underserved minorities.
Richard Haass, Council on Foreign Relations President, says there is a possibility of broad sanctions between the U.S. and China amid rising tensions. Valdis Dombrovskis, European Commission Executive Vice President, says the EU is willing to cooperate with the U.S. in a multi-lateral strategy to deal with China. Peter Oppenheimer, Goldman Sachs Chief Global Equity Strategist, says the rebound in the third quarter is going to look very V-shaped. Betsey Stevenson, Bloomberg View Columnist and Former U.S. Department of Labor Chief Economist, says studies show that investing in early childcare development reaps huge returns for taxpayers. Sam Kennedy, Boston Red Sox President and CEO, looks ahead to the team's first game back in Fenway Park since before the start of the pandemic. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Jeff Currie, Goldman Sachs Global Head of Commodities Research, explains how big oil companies are adapting to a de-carbonized world. Eric Ross, Cascend Securities Chief Investment Strategist, analyzes the "Apple ecosystem." Betsey Stevenson, University of Michigan Professor & Former Chief Economist of the U.S. Department of Labor, says we have never seen a higher wage gap between workers with college degrees and those without. Kevin Hassett, Council of Economic Advisers Chairman, says the U.S. is seeing real wage growth. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Howard Ward, Gabelli Funds CIO of Growth Equities, focuses on defensive growth stocks while the Fed is tightening. Betsey Stevenson, University of Michigan Professor & Former Chief Economist of the U.S. Department of Labor from 2010-2011, says wage growth goes mainly to the top end of the income distribution. Timothy O'Brien, Bloomberg Opinion Executive Editor, thinks that the debate around Kavanaugh has moved from sexual harassment to issues regarding his credibility. Larry Kudlow, National Economic Council Director, says unemployment can go lower. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Mike Schumacher, Wells Fargo Head of Interest Strategy, says the potential of job reports to move the markets has decreased dramatically. Alan Krueger, Princeton University Professor & Former Assistant Secretary of the U.S. Treasury, remembers he told President Obama this wouldn't be the strongest recovery but it could be the longest. James Glassman, JP Morgan Chase Commercial Banking Head Economist, and Betsey Stevenson, University of Michigan Professor & Former Chief Economist of the U.S. Department of Labor, react to the jobs number in real time. And Damian Sassower, Bloomberg Intelligence Chief EM Credit Strategist, says what initially drew foreign investors to EM is the scope in which central banks could ease rates. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Conrad DeQuadros, RDQ Economics Senior Economist & Founding Partner, has his eye on supply chains amid heightened trade tensions. Alan Krueger, Princeton University Professor of Economics, says the state of the labor market is far from perfect. Betsey Stevenson, University of Michigan Professor and Former U.S. Department of Labor Chief Economist, says workers are finding "side hustles" in order to sustain themselves. Kevin Hassett, Council of Economic Advisers Chair, says the labor market is strong. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com