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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Retirement Insurance Products Are Disappearing. And That’s Dangerous.

04/13/18 – The Wall Street Journal
Article by Visiting Professor Benjamin Harris discusses how the market for retirement insurance products is slowly and silently disappearing. From annuities to long-term-care insurance to employer-provided health insurance, insurance products are becoming both less available and less popular, which should make older Americans worried.

The looming debt crisis will hurt these Americans the most

04/11/18 – CNBC.com
Article by Visiting Professor Ben Harris discusses who will be most affected by the impending debt crisis and the higher borrowing costs that accompany it.

‘L’ cars, whiskey, soybeans and more: Illinois products could be socked by Chinese tariffs as trade dispute escalates

04/05/18 – Chicago Tribune
Article discusses how an escalating trade dispute between President Trump and China could impact various industries. Quotes Adjunct Professor Phil Levy, who said the conflict between the U.S. and China represents an escalation of trade barriers not seen since the Great Depression.

Walmart, Humana Move Closer as Separate Upheavals Threaten

04/01/18 – Bloomberg
Article about how a deal between Walmart and Humana could be mutually beneficial quotes Professor Craig Garthwaite, who said these are the type of deals we should expect if you believe we’re remaking the business model in health care. Also covered on CNBC broadcast and on CNBC.com.

The Looming China Trade War: How Did We Get here?

03/31/18 – Forbes
Article by Adjunct Professor Phil Levy discusses the recent thread of economic actions President Trump has planned to take against China, and how both the Trump administration and China are at fault for the dispute.

Trump Steel Policy Hits Home in Illinois

03/30/18 – Forbes
Article by Adjunct Professor Phil Levy discusses how the new 25 percent steel tariffs affected the steel company Principal Manufacturing Corporation, located in Illinois.

South Korea Deal Shows Emptiness Of Trump Trade Agenda

03/26/18 – Forbes
Article by Adjunct Professor Phil Levy examines how a new trade deal with South Korea has started to emerge in reports – and the terms are distinctly underwhelming.

Six Questions to Ask a Financial Adviser About Fees

03/25/18 – The Wall Street Journal
Article examines six questions that you should ask a financial advisor about fees, quoting Visiting Professor Benjamin Harris on how there is little correlation between the percentage of assets advisers charge in fees and the number of services a client will get for fees.

Entrepreneurs Shouldn't Discuss Political Issues, Right? Not So Fast, Experts Say

03/22/18 – Entrepreneur
Article asks how you approach articulating your company's stance on big issues in the wake of instances of tragedy and political controversy, quoting Professor Megan Kashner on how business leaders are actually in a position to open the lines of communication around an issue rather than fan the flames further.

What if Companies Were Required to Tell Workers What Their Colleagues Earn?

03/15/18 – Harvard Business Review
Article by Visiting Professor Ben Harris discusses whether companies should tell employees what their counterparts at other companies as well as what their own colleagues earn at work.

Health Insurer Cigna To Pay $67 Billion For Express Scripts

03/08/18 – NPR
Article quotes Professor Craig Garthwaite on the potential Cigna acquisition of Express Scripts, saying the acquisition could be good for customers in health care because the interests of the companies that pay for medications will be aligned with the ones who pay the doctor and hospital bills. Also covered in The New York Times and WABE.

Why Apple, Amazon, and Google are making big health care moves

03/06/18 – Vox
Article quotes Professor Craig Garthwaite on the potential motivations of large tech companies to enter the health care industry.

Dick’s decision to ban assault-style weapons raises this ‘critical’ question

03/01/18 – CNBC.com
Article by Professor Megan Kashner discusses Dick’s Sporting Goods and its recent announcement that it will no longer sell assault rifles and high-capacity magazines. Also quoted in Financial Times on this topic.

White House Remains Conflicted in its Trade Agenda

02/28/18 – Forbes
Article by Adjunct Professor Phil Levy discusses the conflicting voices that have defined the Trump administration's trade policy.

The Power of Religion

02/28/18 – New York Times
Article cites Professor Dean Karlan’s research on whether religious faith leads to healthy behaviors. Karlan said the findings were cautiously positive for the power of religion. Karlan’s research was also covered in The Economist.

Commerce Dept. Sees Strong Link Between Steel And National Security; Military Doesn’t Seem so Sure

02/27/18 – Forbes
Article by Adjunct Professor Phil Levy analyzes the differing opinions of the Department of Commerce and Department of Defense on the importance of steel production for national security.

Trump economic report is revisionist history

02/23/18 – The Hill
Article by Visiting Professor Ben Harris looks back at how Barack Obama dealt with the struggling economy he inherited, setting up the stable and blossoming economy that President Trump was handed.

FDA Opens New Path for Alzheimer’s Therapy as Failures Mount

02/15/18 – Bloomberg
Article quotes Professor Craig Garthwaite on the implications for health insurers and the government that come with an increased pressure to pay for new treatments for Alzheimer’s disease. Also covered in the Chicago Tribune.

Philadelphia makes an economic case for safe injection sites

02/15/18 – Marketplace
Article explains how Philadelphia is inviting private organizations to operate safe injection sites in the city, quoting Professor Craig Garthwaite on how some sites could need housing and injection services for years, which could wipe out savings. “Even if we don’t save money, but we have fewer people dying, it doesn’t just need to show up in cost savings, it can show up in increased longevity and fewer people passing away.”

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