The Internet’s expansion has probably been the signature feature of our economy over the last two decades. Almost every day we hear of new applications and uses. Has anyone calculated just how much of our recent economic growth has been due to the Internet? N.C. State University economist Mike Walden responds.
To avoid another economic downturn like we’ve had, we need to know the cause of very bad recessions. Economists today point to too much credit, according to N.C. State University’s Mike Walden.
Most people look forward to retiring, but a stark reality of retirement is that retirees must rely on income from sources other than working. This means income from Social Security, private pensions, or other retirement funds. N.C. State University economist Mike Walden describes a study that looks at how adequate will these be for future retirees.
In today’s challenging housing market, it’s often tough for both sellers and buyers. A technique popular a quarter century ago has reappeared to help close deals. What is this? N.C. State University economist Mike Walden responds.
With the challenging economy of recent years, many people have had to move in order to find work. On net, has North Carolina gained or lost people as a result of these moves? N.C. State University economist Mike Walden answers.
Recently Fortune Magazine published its annual list of top 500 companies in the country, and as N.C. State University economist Mike Walden points out, several North Carolina companies made the list.
In April the unemployment rate in many states dropped, but not so here in North Carolina. The jobless rate remained at 9.7 percent. Does this mean our labor market is struggling more? N.C. State University economist Mike Walden says “not necessarily.”
Besides friendship and maybe love, one reason typically given for two people to share living expenses is that it’s cheaper on a per person basis. But, says N.C. State University economist Mike Walden, the data don’t necessarily support this assumption.
Consumers have complained about gas and food prices for a while. But now there may be something else we can add to the list — car prices. N.C. State University economist Mike Walden explains why.
When it comes to choosing ways to pick up the economy, policy makers can choose from several competing economic philosophies. N.C. State University economist Mike Walden discusses the three main approaches.