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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The Big New Idea for Reducing Health Care Costs Is Actually Really Old

04/20/18 – Huffington Post
Article about California’s new health care committee, which can set legally binding limits on what hospitals and drugmakers can charge, quotes Professor Craig Garthwaite, who said this committee could actually hinder innovation.

The Window Has Likely Closed For A NAFTA Deal This Year

04/18/18 – Forbes
Article by Adjunct Professor Phil Levy examines how the Trump administration seems eager to strike a deal with Mexico and Canada in the next few weeks and explains why the odds are stacked against getting over the finish line during this Congress.

More toll lanes could be coming to Chicago area as highway funds lag

04/16/18 – Chicago Tribune
Article discusses how tolling allows for private financing, but these deals have not always worked out. Quotes Professor David Besanko, who notes that the public needs to watch out how quickly tolls can rise following these toll-road deals.

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 –
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.

How 12 experts would end inequality if they ran America

04/06/18 – The Washington Post
Article cites past research from Visiting Professor Benjamin Harris on how most purchasers would be eligible for a maximum credit equal to $12,000 for single taxpayers and $18,000 for married taxpayers.

‘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

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 –
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.

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