Allen C. Goodman

2145 Faculty/Administration Building
Wayne State University, Detroit, MI 48202
(313) 577-3235

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email: allen.goodman@wayne.edu

COVID-19 Blog

Wayne State University has an outstanding group of health economists. While we are

not physicians or bench scientists, we can provide economic analysis that can inform

both WSU and the larger community about economic aspects of this deadly pandemic.

In the first posting, Allen Goodman characterizes the COVID-19 virus as a massive tax

and he offers some policy guidance on dealing with it.

COVID-19 - Like a Massive Tax (March 16, 2020)

Public Health, Epidemics, and Economics - 10 out of 10? (March 17, 2020)

Test Everybody? (March 18, 2020)

Martin Arrowsmith in 2020 - Dealing with Plagues (March 20, 2020)

Coronavirus Resource Center - Johns Hopkins University (March 21, 2020)

Forget the Great Recession - Think the Great Depression (March 23, 2020)

Back by Easter? Marginal Benefits and Marginal Costs (March 24, 2020)

Testing 2 - Finding the Denominator, Finding the Location (March 26, 2020)

Manufacturing Through COVID-19 - Serious Problems (March 28, 2020)

The Pharmaceutical Industry - Watch What You Listen For (March 30, 2020)

 

Numbers Matter - Death Estimates and False Negatives (April 1, 2020)

How Many Ventilators is Enough? (April 2, 2020)

Together and Apart - Economies of Scale and COVID-19 (April 5, 2020)

Economic Models of COVID-19: Taxes and Cigars (April 6, 2020). Also to appear

in Contexts, April 8, 2020

The Wisconsin Poll Tax (April 7, 2020)

Who Can Re-Open - COVID-19 Cap and Trade (April 11, 2020)

What Is It About Epidemics that Business Leaders Do not Understand? (April 14, 2020)

How Should We Re-Open? (April 16, 2020)

How Should We Reopen? Part 2 - Lessons from the Film Industry (April 18, 2020)

COVID-19 and the Cities (April 21, 2020)

Distributing Vaccines - The Economics are Simple (April 23, 2020)

Re-Opening Universities (April 27, 2020)

The Shape of the Economy (April 30, 2020)

Prioritizing Testing and Workplace Re-opening Under COVID-19

Shooshan Danagoulian, Zhe Zhu and Phillip D. Levy (May 1, 2020)

An excellent study by WSU colleagues.

 

Risk and Uncertainty - What We Have is Uncertainty (May 3, 2020)

 

The Health Externality (May 6, 2020)

 

Aggregate Demand Again (May 9, 2020)

 

We Need a Cost Effective Vaccine (May 13, 2020)

 

Flattening the Curve, and then Watching It Spike (May 14, 2020)

 

Race to the Top, or Race to the Bottom (May 18, 2020)

 

Clark Clifford in 2020 (May 20, 2020)

 

Memorial Day - 2020 (May 25, 2020)

 

Say’s Law and the Macroeconomics of 2020 in the Era of COVID-19 (May 29, 2020)

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Research

I conduct research in health and housing economics.

 

My research interests, papers, and presentations, are located here. For my vita, click here.

 

My current research, funded by the Michigan Health Endowment Foundation starting April 1, 2017, seeks to improve care in Skilled

Nursing Facilities (SNFs) through improved information systems for residents/caregivers/administrators. Contact me for more details.

 

I co-author the 8th edition of The Economics of Health and Health Care (Sherman Folland, Allen C. Goodman,

and Miron Stano), with Instructor’s Guide and Study Questions.

 

As of July 2019, we are proud to participate in the City of Detroit University Economic Analysis Partnership:

University of Michigan (Gabriel Ehrlich PI); Wayne State University (Allen C. Goodman PI); Michigan State University (Eric Scorsone PI)

This unique five-year collaboration will provide economic consulting and forecasting services to the City of Detroit.

*****

Policy and Research Presentations

March 10, 2004 Detroit News Op-Ed piece Detroit Housing Rebound Needs Safe Streets, Good Schools.

January 15, 2008 participation in a podcast on the BBC regarding the Healthcare System in Detroit and the U.S.

A policy proposal - Fixing Part of the Mortgage Meltdown, April 9, 2008

Michigan Stem Cell Economics Study, August 2008

A January 29, 2009 clip from the radio program Detroit Today, looking at Detroit’s fiscal crisis.

The Economics of Health Care Reform”, presented October 25, 2011 at the Adult Learning Institute.

Is there an S in Urban Housing Supply … or What on Earth Happened in Detroit. Click here.

Goodman, Goodman, Goodman, and Goodman “A Few Goodmen” (https://www.youtube.com/watch?v=QktKLTLyLIM) – presented at 2015 AEA Meetings

Interview with Stephen Henderson on WDET, April 6, 2016, about Differential Taxation for Public Services in Detroit

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Graduate Studies at Wayne

I direct the MA program and seminar activities.

Prof. Li Way Lee serves as Director of the PhD program.

For information on application/admission to our Department’s programs, please turn to our Department’s home page.

Current Graduate Students (MA and PhD) MUST get approval to sign up for courses.

 

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Jeopardy! and Trivia

On June 13, 2008. I was a contestant on Jeopardy! Others have written blogs about their adventures.

I decided to do something else! I hope you like it.

On October 1, 2014, my daughter Sara also appeared. She did better than Dad.

Sara and I are currently Llamas in the Sequoia Rundle of Learned League.

 

*** Peace Corps ***

Sara started a Peace Corps career in Burkina Faso in June 2011, returning in August 2013.

Her experiences were exciting and unusual. She has continued her blog during her return. 

Sara received her MPH at The Johns Hopkins University in May 2015, and she is

currently seeking a PhD in public health at The University of CaliforniaIrvine.


 

Classes (Syllabus / Course Material)

ECO 2010

Principles of Economics Cr. 4

Supply, demand, price at the level of the firm and industry; business institutions and their operation; determinants of wage and salary levels, interest rates, rents, profits, income distribution; public policy in relation to business and labor.

ECO 5520/ 6520

State and Local Public Finance, Cr. 4

Prerequisites: ECO 2010 or consent of instructor. Theory and applications of state and local public finance.  Topics will include determinants and impacts of taxes and public expenditures. Applications will relate to Detroit metropolitan area, as well as State of Michigan.

ECO 5550/ 6550

Economics of Health Care Cr. 4

Prerequisites: ECO 2010 or consent of instructor. Allocation of health care resources through demand and supply of health care. Roles of hospitals, physicians, and health insurance; market imperfections and their role in economics of health care.

ECO 5800/ 6800

Urban Economics Cr. 4

Prerequisites: ECO 2010 or consent of instructor. Suitable for undergraduate or M.A. credit. Introduction to the economic foundations of urban problems. These include land use, housing, poverty, transportation, development, education and crime. Applications will relate to the Detroit metropolitan area.

ECO 7500

Public/Urban Economics Cr. 4

 

Prerequisites: ECO 6000 or ECO 7000. Suitable for M.A. or Ph.D.credit. One semester course in Public and Urban Economics. Looks at public and urban problems from theoretical and empirical points of view. Includes econometric analyses.

ECO 7550

Economics of Health Care (Graduate) Cr. 4

 

Prerequisites: ECO 6000 or ECO 7000. First course of a 2 course sequence in health care economics for M.A. and Ph.D. students.

 

This advanced course on the allocation of health care resources concentrates on demand and supply of health care. It looks at the roles of hospitals, physicians, and health insurance; market imperfections, government policies, and their role in economics of health care.

ECO 7800

Urban and Regional Development (Graduate) Cr. 4

Prerequisites: ECO 6000 or consent of instructor. The city as an economic system, including rents, prices and locations of activities. Monocentric and polycentric models. Topics include housing and real estate, industrial location, and racial segregation and discrimination. Both economic theory and empirical applications will be presented.

ECO 999X

Dissertation Candidacy (Graduate)

Open only to Departmental Dissertation Candidates

To contact me via e-mail click allen.goodman@wayne.edu

updated  May 29, 2020

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