Office of the VP for Communications – Keeping alumni and friends connected to U-M

Business and Economy

  1. State House proposal would slash budget for Ann Arbor campus

    A Michigan House committee moved forward a higher-education budget bill May 5 that would radically change state-funding for U-M Ann Arbor, including a loss of some $40M in the next fiscal year.

  2. Detroit: Olympic city?

    The fate of the delayed 2020 Tokyo Olympic Game seems more uncertain than ever due to the pandemic. Detroit has long sought to host the games. Will it ever happen?

  3. How popular is Robin Hood, anyway?

    As global income inequality continues to rise, public policy expert Charlotte Cavaillé explores the concept of ‘fairness’ and the politics of income redistribution.

  4. Forecast 2021: Presidential politics

    As a new presidential administration gets to work, U-M experts explore the myriad crises that Joe Biden and his team face, from a lack of trust in government to the relentless COVID-19 pandemic.

  5. Paul Milgrom, BA ’70, awarded Nobel Prize

    The 2020 Nobel Prize in Economic Sciences recognizes Milgrom’s work in improving auction formats. He and fellow researcher Robert Wilson were awarded the prize for their research about auction theory.

  6. More than 1.3M jobs, $82B in wages tied to Great Lakes, study shows

    The coastal counties of the eight Great Lakes states produce 21 percent of the gross domestic product in the region and 5.8 percent of the United States’ GDP.

  7. U-M counts record startups, inventions in FY20

    The University’s ‘innovation ecosystem’ launched 31 startups this fiscal year, a 40-percent increase over FY19, despite a period that included the pandemic and temporarily shuttered labs.

  8. Let’s make a deal

    Future business magnate and 1913 grad George Mason arrived at U-M with an apple in hand and a penchant for negotiation. With one transaction freshman year, he set off a chain of lucrative deals that landed him a Stutz Bearcat.

  9. Local alumni fill gaps for groceries

    Reports of wasted milk and rotting produce no longer needed by restaurants revealed Big Food’s limited ability to pivot during crisis. Meanwhile, resilient alumni who own Michigan farms and markets are tweaking business models to serve consumers.