Michigan is the latest state to have a very vigorous debate over a right-to-work law. What does this debate involve, and why is it important? N.C. State University economist Mike Walden responds.
The Federal Reserve made history recently: For the first time, it linked its monetary policy to specific economic goals for the country. N.C. State University economist Mike Walden explains what they did and why it’s important.
Medicare is the large federal program that helps pay medical bills for people over age 65. Most plans to fix the long-term federal budget involve some changes to Medicare. But as N.C. State University economist Mike Walden points out, those changes wouldn’t be easy to make.
Sometimes, says Mary Walden, it sees we try to make the economy overly complex. An example: buying durable goods such as vehicles, appliances and furnishings. “I know that one thing that motivates me to purchase these products is how old my current model … is. Am I being overly simplistic?” Her husband, N.C. State University economist Mike Walden, answers.
Changes in household wealth have been a key part of the economic roller coaster the last few years. Recently we received the latest reading on household wealth, and N.C. State University economist Mike Walden says the numbers are encouraging.
If you divide the current level of the national debt by the number of people in the country, each person’s share comes to over $50,000. Does this mean one day we will all get a bill in the mail for $50,000? N.C. State University economist Mike Walden responds.
Some doctors today take only cash as payment. That is, they won’t accept health insurance for payment of services provided to patients. What are the pros and cons of this system, which used to be common years ago, but is definitely unusual today? N.C. State University economist Mike Walden responds.
A recent report suggested that if present trends continue the U.S. could be energy self-sufficient by 2030. N.C. State University economist Mike Walden explains what’s behind this prediction?
To many of us the financial world is confusing and is understandable as the weather on Mars. A term commonly used to describe part of the financial industry is shadow banking. Does this term describe people who lurk around street corners offering to earn you an unbelievably high interest rate on your investments? N.C. State University economist Mike Walden responds.
Football bowl games are the cap to the college football season. Schools winning the games have bragging rights going into the next season. But are there broader impacts, beyond the field, from having a successful college football team? N.C. State University economist Mike Walden responds.