Even five years past the recession, there’s still debate about the federal stimulus plan begun in 2009. Some say it was essential to preventing the recession from being worse than it was, while others say it was a waste of money. Is there any resolution to this debate? NC State University economist Mike Walden weighs in.
In most disciplines the word law is reserved for really important relationships or findings. In economics, there is something called Okun’s Law. NC State University economist Mike Walden explains what it means.
The housing market has definitely improved during the past couple of years, yet Federal Reserve data indicate mortgage loans are still rather weak. North Carolina State University economist Mike Walden examples the reasons.
People have to pay many expenses – such as food, energy, clothing and, for businesses, salaries and wages – on a regular basis. But North Carolina State University economist Mike Walden says there’s another expense that’s often overlooked.
Google made big news recently when the tech giant announced it would bring super-high speed internet service to the Triangle and Charlotte regions. NC State University economist Mike Walden comments on the significance of that announcement.
There’s been a lot of optimism about the economy recently, with both production and jobs increasing at good rates. But how widespread is this economic improvement? NC State University economist Mike Walden answers.
Most people understandably considered the dramatic drop in oil and gas prices as the biggest economic stunner last year. But NC State University economist Mike Walden says another price change at least belongs in the same stunner category.
The rate of shopping that takes place on computers and other electronic devices continues to grow at double-digit rates each year. One of the reasons people shop at particular brick-and-mortar stores is convenience to their home or place of work. Since this isn’t a factor for online shopping, how are shoppers to decide which sites to use? NC State University economist Mike Walden answers.
One of the biggest complaints people have today is that they are too busy – that they don’t have enough time. What’s behind this perception? N.C. State University economist Mike Walden answers.
U.S. energy production has increased in economic importance, but it’s nowhere near the level of significance in countries such as Saudi Arabia. What’s the Saudi plan for coping with today’s low oil prices? NC State University economist Mike Walden responds.