Last Week
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Ann Arbor man wants to prevent John Dingell from seeing a 30th term in Congress
AnnArbor.com
A 25-year-old Ann Arbor man is challenging U.S. Rep. John Dingell for his seat, claiming the long-time congressman isn't progressive enough. Daniel Marcin ...
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The 3 Biggest Benefits of Producing More Oil
CNN Money
"The oil rich nations matched the rise in demand by producing more until around 2006," says Lutz Kilian. "Then, production went flat, and even when demand started increasing again after the recovery began, production didn't keep up."
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Confidence in economy is up, but not to pre-meltdown levels, economist Robert Shiller says
Detroit Free Press
Robert Shiller, AB ’67 econ, “ a Yale University economist who made his mark predicting the two big bubbles in stocks and housing --
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Housing bust gives agencies a tax windfall
San Francisco Chronicle
The value of itemized deductions dropped 20 percent for the year - led by a decline in the tax break for mortgage interest. "It's helping the state governments," says David Albouy ...
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Don't blame speculators for high gas prices
CNN Opinion
In this opinion piece, Economics Professor Lutz Kilian comments on President Obama’s policy measures to enhance the surveillance of oil futures markets.
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Unemployment Falls Fast in U.S. If Men Get College Degree
Bloomberg
Women born in 1988 were 10 points more likely to go to college then men of the same age, research by economists Martha J. Bailey and Susan M. Dynarksi ...
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Birth Control Access Boosts Women's Wages, Study Finds
Huffington Post
"We found that women who had early access to the pill in the 1960s and 1970s earned 8 percent more on average by the 1980s and 1990s than women without early access," said U-M Assistant Professor of Economics Martha Bailey ...
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Joel Slemrod invites questions about tax policies in the presidential election
U-M "Ask M" video
In this U-M "Ask M" video message, Department Chair Joel Slemrod ask for your questions that he will respond to in a future "Ask M" video.
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Obama's Corporate Tax Cut Plan Faces Uphill Battle
NPR
Economics Professor Joel Slemrod agrees that a simpler tax code would save a lot of companies money…
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Underdogs forever: Zack Novak, Stu Douglass at core of Michigan basketball resurgence
annarbor.com
Stu Douglass (senior, economics) and teammate Zack Novak (senior, business) “the two kids from the YMCA, the guys who didn’t belong and had no business playing in the Big Ten....
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Bernanke Labor Pessimism Seen Misplaced as U.S. Expands in 2012
Bloomberg
“The turn in the economy right now is very positive,” said Allen Sinai (AB ’61), president of Decision Economics Inc. in New York ...
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Education Gap Grows Between Rich and Poor, Studies Say
New York Times
Research by U-M economists Martha Bailey and Susan Dynarski shows that the imbalance between rich and poor children in college completion - the single most important ...
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Bernanke-Led Economy Proving Critics Clueless About Federal Reserve Policy
Bloomberg
The test on inflation will come when the central bank must withdraw its record stimulus, said Peter Hooper (AM’71, PhD’75), chief economist at Deutsche Bank Securities Inc. in New York…
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Does fiscal stimulus work?
Chicago Tribune
Economists like Joel Slemrod of the University of Michigan have shown that people don't actually spend the extra money they get from tax cuts intended to spur consumption.
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What Tax Reform Would Mean at the State Level
The Christian Science Monitor
…more modest reforms, such as turning the deduction into a credit, would have relatively modest effects on state and local revenues overall ...
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U.S. Midwest Jobs Return as Applesauce Joins Cars to Lift Obama
Bloomberg
Michigan gained 66000 jobs in 2011, according to a Jan. 13 state report. It was the first gain in the state since the turn of the century.
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‘Buffett Tax’ and truth in numbers
The Washington Post
In a study, economists Jon Bakija (AM ’95 econ, PhD ’00 econ), Bradley Heim, and Adam Cole (AM ’06 econ, PhD ’09 econ) break down the top 1 percent…
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For Ford, Three Years of Profit in a Row
New York Times
After posting 11 consecutive profitable quarters, Ford was able to release nearly all of its tax allowance. ...
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Future of long-term health care topic of public lecture, Wednesday, February 1
Western Michigan University News
What lies ahead for long-term health care will be the topic of conversation for the next visiting economist in Western Michigan University's Sichel Lecture Series.
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What the Top 1% of Earners Majored In
New York Times "Economix" blog
According to the Census Bureau’s 2010 American Community Survey, the majors that give you the best chance of reaching the 1 percent are pre-med, economics, biochemistry, zoology and, yes, biology, in that order.
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