The Federal Reserve created trillions of dollars of new money in an effort to fight the recession. For a long time, economists have said higher inflation can result when large amounts of new money is printed. But inflation today is still relatively low. Why? NC State University economist Mike Walden explains.
While investing is important, not everyone has training or background in investing. N.C. State University economist Mike Walden discusses some of the common errors made by rookie and veteran investors.
Surveys indicate people are almost equally divided on their views of the economy. About half are optimistic, and half are pessimistic. Is there a logical explanation? N.C. State University economist Mike Walden responds.
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.