Investment bubbles like the ones in technology and residential real estate can burst and lead to a recession. But some economists think there are good aspects to investment bubbles. N.C. State University economist Mike Walden explains.
In today’s Economic Perspective, N.C. State University economist Mike Walden explains how home prices figure into the calculation of inflation.
We hear much about foreign countries driving up the price of oil due to their increased purchases. N.C. State University economist Mike Walden gives some statistics on this trend. “Well … four of the fastest-growing countries in the world are China, India, Brazil and Saudi Arabia. And recently, for the first time ever, collectively those [...]
There are a number of ways we can pay for things — from credit cards, to debit cards, to checks, to cash. N.C. State University economist Mike Walden outlines how these payment methods have shifted in recent years, especially during the recession.
Although the economy — especially the job market — has been improving, it’s not been gaining fast enough to satisfy most people. Have economists figured out why the sluggish growth is occurring? N.C. State University’s Mike Walden weighs in.
Federal Reserve Chairman Ben Bernanke recently said he thought the big jumps in inflation we’ve had in the last few months are just temporary. But, as N.C. State University economist Mike Walden points out, this doesn’t necessarily mean that Bernanke expects gas and food prices to drop.
An international organization recently predicted that China would surpass the United States as the world’s largest economy in just five years. Is this cause for worry? N.C. State University economist Mike Walden responds.
A recent report indicated that government payments to individuals reached an all-time high. N.C. State University economist Mike Walden explains why this is and what it means.
Many economists consider the rebound in the housing market to be the key to a stronger recovery in the overall economy, and N.C. State University’s Mike Walden says there’s evidence we’re moving in the direction of a housing turnaround.
When people hear the term service sector, they often think of low-paying jobs. But, says N.C. State University economist Mike Walden, that’s not an accurate assessment.