Archive for the ‘Economic Perspective’ Category

Confusion from the Fed

New Fed Chair Janet Yellen recently held her first press conference. She was asked about rules or statistics the Fed would use to make decisions about changing interest rates. Some say Chairperson Yellen’s answer created more confusion than clarity, says host Mary Walden, who asks her husband, N.C. State University economist Mike Walden, “What happened?”

Slack labor market?

We still have an unemployment rate that is much higher than we’d like, says host Mary Walden. It is nowhere near the 4.5 percent jobless rate we had prior to the recession. Still, the rate has come down substantially from the highs of four years ago. She asks her husband, N.C. State University economist Mike Walden, “Do economists think we could see further drops?”

Millennials vs. boomers

Demographers say the millennial generation, those born after 1980, is now larger in numbers than the boomer generation, which includes individuals born from 1946 to 1964, says host Mary Walden. She asks her husband, N.C. State University economist Mike Walden, “What kinds of implications does this have for the economy?”

Bye-Bye to Bitcoin?

Those using the cyber currency called bitcoin suffered a big shock recently: Apparently hackers were able to steal between 2 million and 3 million dollars’ worth of bitcoins. As a result, the value of a bitcoin in terms of dollars was cut in half, says host Mary Walden. She asks her husband, N.C. State University economist Mike Walden, “Is this the end of the cyber currency experiment?”

Shale Gas Developments and Home Prices

The extraction of natural gas using underground drilling techniques — generally called fracking — is very controversial. Supporters say it will help the country to become energy independent, while detractors worry about environmental and health issues, says host Mary Walden. She asks her husband, N.C. State University economist Mike Walden, “Do we have any way to evaluate these concerns?”

Cable Competition

The proposed merger between Comcast and Time Warner has rekindled questions about competition in the cable provider industry, says host Mary Walden. She asks her husband, N.C. State University economist Mike Walden, “What are the key issues?”

Technology on the Horizon

Many people love new gadgets. Of course many times we look at them for fun, but these gadgets — or (to be more formal) technology — can change our lives, says host Mary Walden. She asks her husband, N.C. State University economist Mike Walden, “What do experts say might be game changing technology or gadgets we may soon see?”

The Importance of Innovation

I’ve been hearing a lot about innovation recently and how it is so crucial to our economy, says host Mary Walden. She asks her husband, N.C. State University economist Mike Walden, “What exactly is innovation, and why should we focus on it?”

Is Telecommuting Increasing?

I remember a couple of decades ago when the computer and internet first burst upon the scene, many futurists said people would eventually work out of their homes. This doesn’t appear to have happened, says host Mary Walden. “What has happened to telecommuting?” she asks her husband, N.C. State University economist Mike Walden.

Suggestions for Supporting Work

I think there are two goals that just about everyone can agree on — encouraging work and reducing poverty, says host Mary Walden. Now I understand that leaders from across the political spectrum may be coming together on a plan to do both, she says. “What is it?” she asks her husband, N.C. State University economist Mike Walden.

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