It’s often easy to look at things as a zero-sum game — that is, if I win you lose. But the world doesn’t always work like that, and there can be many win-win situations. A new study found such a win-win in international trade. N.C. State University economist Mike Walden explains.
One of the criticisms heard today about banks is that they have available money to lend but they’re just not making loans with this money. Critics say if those funds were loaned, there would be a burst of economic activity. How valid is this criticism? N.C. State University economist Mike Walden responds.
Government spending is a topic that interests almost everyone. And, as N.C. State University economist Mike Walden reports, what government spends money on influence how we react to that spending.
The U.S. and the world have been moving toward more open and freer trade. Although this has benefits, it also certainly costs some workers. Do we have any specific programs for helping workers who have been disadvantaged by the more open world trade? N.C. State University economist Mike Walden responds.
There’s been a lot of recent comments and concerns not only about the distribution of income in the country, but also about the distribution of wealth. What is the difference between income and wealth? And how has the distribution of wealth changed over time? N.C. State University economist Mike Walden answers.
Economists say a large part of the slow recovery from the recession is resulting from consumers paying down on their debts and consequently not spending like they used to. Has there really been that much improvement in consumer debt management? N.C. State University economist Mike Walden responds.
The news hasn’t been good in recent years for North Carolina’s state budget. With the recession, revenues have lagged, and that resulted in our elected state officials having to make some tough budget choices. But things are looking up a bit, says N.C. State University economist Mike Walden.
Voter turnout is always a big issue in elections. Is there any evidence that the condition of the economy effects just how many people decide to vote? N.C. State University Mike Walden takes a look at the issue.
Two U.S. economists — Thomas Sargent and Christopher Simms — recently shared the annual Nobel Prize in economics. Why did they receive this coveted award? N.C. State University economist Mike Walden responds.
N.C. State University economist Mike Walden is reading a new book by Sylvia Nasser, author of “A Beautiful Mind.” Her latest effort looks at the great 19th and 20th century economic thinkers — those people largely responsible for how we view the economy today. Walden explains the book’s relevance to today’s economic problems.