Public-Private Interface News

Former Secretary of the Treasury Larry Summers in conversation with Prof. Janice Eberly

Lawrence Summers

Larry Summers delivers the Susan Bies Lecture on Economics and Public Policy

The former Secretary of the Treasury spoke with Kellogg’s Janice Eberly

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Crash and churn: Crypto story far from over despite falling price

01/19/18 – The Hill
Article by Professor Robert Wolcott discusses the recent cryptocurrency crash and examines what’s next for the crypto market, if it can recover from current levels.

2018’s High Federal Conforming Mortgage Loan Limits Signal Confidence In the House Market

01/17/18 – Forbes
Article quotes Professor Craig Furfine, who says the FHFA increasing loan limits shows that housing prices have done well over the last year, since it is a lagging indicator of things going right with the economy.

Health care professionals fear Medicaid changes

01/17/18 – USA Today
Video interviews Professor Craig Garthwaite about looming Medicaid changes and the potential impact on identifying able-bodied people who can serve in the workforce, and need access to health care.

How Blockchain Could Radically Alter Global Finance

01/15/18 – Poets & Quants
Article highlights Professor Robert McDonald’s recent insights on blockchain technology. McDonald discusses how blockchain led to Bitcoin’s rise to prominence and how it could play a major role in the future of global finance.

Health care deals could make you healthier but may not save you money

01/14/18 – USA Today
Article quotes Professor Craig Garthwaite, who says health care deals will move the industry closer to a model where doctors and insurers are part of the same company. Also quoted in Vox.

The cure for income inequality lies in the voting booth

01/11/18 – The Hill
Article by Visiting Professor Benjamin Harris argues that policymakers can narrow the wealth gap by increasing the return to work through spending on traditional education and strengthening training programs for mid-career workers. Harris also said it would be beneficial to boost federal minimum wage.

How Retirement Savers Can Protect Against the Risk of a Changing Tax Code

01/10/18 – The Wall Street Journal
Article by Visiting Professor Benjamin Harris examines how retirement savers can protect themselves from a constantly changing tax code.

Trump’s pick to head HHS balks at having government negotiate drug prices

01/09/18 – CNBC.com
Article quotes Professor Craig Garthwaite on Medicare negotiations. "For Medicare negotiating to work, they would have to say that some drugs are not available because they are too expensive, effectively creating a single set of drugs available for the elderly…Frankly, that doesn't appear to be something that Americans are prepared for at this point."

Oprah Winfrey’s Golden Globe Speech Inspires Democrats’ Visions of a 2020 Presidential Run

01/08/18 – The Wall Street Journal
Article discusses Oprah’s speech at the Golden Globes, quoting Professor Craig Garthwaite, who has studied celebrity endorsements with a focus on Oprah. He said he can’t thoroughly describe her politics, which could make her the perfect hypothetical candidate.

Can We Escape Trade Disaster In 2018?

01/04/18 – Chicago Tribune
Article discusses the 11th annual One Acre Fund, which had more than 400 supporters from the business, academic and philanthropic communities and raised over $2.1 million to support smallholder farmers in Africa. The event honored Kellogg and its community for serving as a "critical catalyst" to the launch and growth of One Acre Fund.

Can We Escape Trade Disaster In 2018?

01/04/18 – Forbes
Article by Adjunct Professor Phil Levy discusses how when it comes to U.S. trade policy, there is very little chance that that things will actually go well; optimists may instead hope for a period of quiet neglect. Pessimists have cause to set their imaginations free.

2017: Trump's Troubled Year In Trade Policy

12/29/17 – Forbes
Article by Adjunct Professor Phil Levy discusses how to date, the Trump administration has been ineffective in putting forward a viable new vision for trade, but it has managed to shake the old order, highlighting four top trade stories from 2017.

Don't confuse soaring stocks with real economic growth

12/29/17 – The Hill
Article by Visiting Professor Benjamin Harris gives a recap of the 2017 stock market and offers his predictions for stocks in 2018. “To sum up, was 2017 one of the best years ever for the market? No. Was it in the top quarter? Yes. Were market gains indicative of higher long-run growth? Probably not. Can we expect more fiscal stimulus in 2018? Only if you’re a true optimist.”

Trump's New Tax Reform Likely Won't Help The Trade Deficit

12/28/17 – Forbes
Article by Adjunct Professor Phil Levy discusses the new tax law signed by President Trump, and explains that while features of the law may positively impact the desirability of doing business in the United States, the President has a particular fascination with the trade deficit. Does it follow that a boost to business incentives will move us toward balanced trade?

Our Favorite MBA Startups Of 2017

12/28/17 – Poets & Quants
Article discusses P&Q’s favorite MBA startups coming out of 2017, highlighting the Kellogg social impact startup, Front Row Education, on page 2.

China Policy: Ghost Of Christmas Past

12/23/17 – Forbes
Article by Adjunct Professor Phil Levy reflects back on and addresses the economic questions devoted to U.S. trade policy with China, and China’s acceptance into the WTO in 2001.

The Loopholes Drug Companies Use to Keep Prices High

12/20/17 – Bloomberg
Article discusses how drugmakers are using a variety of strategies to extend the exclusivity period of their wares, keeping less expensive alternatives away from patients. Article quotes Professor Craig Garthwaite, on how “the expectation of more exclusivity fuels investment in drug companies, potentially leading to future breakthroughs—even as some patients have trouble paying for the drugs.”

Rauner keeping public in dark about rates in Medicaid reboot

12/19/17 – Crain's Chicago Business
Article examines the lack of public disclosure in Governor Bruce Rauner’s Medicaid managed care overhaul, quoting Professor Joel Shalowitz, who contrasted Illinois' lack of disclosure with Medicare, which typically makes rates public. "My personal philosophy is that if it's a public contract, it should be open to public scrutiny."

Allbirds, How To Take A Leap Of Faith To Success

12/14/17 – Forbes
Article by Adjunct Lecturer Paul Earle discusses the story of Allbirds, a profitable Kellogg start-up, and how various aspects, including faith as a business principle, has made the company so successful.

Lighthizer's Global Trade Governance Critique

12/12/17 – Forbes
Article by Adjunct Professor Phil Levy gives four legitimate critiques of how the trading system under US Trade Representative Robert Lighthizer is currently operating.

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