Archive for the ‘Economic Perspective’ Category

‘Creative destructionism’

Change is sometimes very hard to deal with, especially in the economy where it seems like we are constantly seeing some companies and jobs destroyed while new ones are created, says host Mary Walden. She asks her husband, N.C. State economist Mike Walden, “Is this a new phenomenon?”

Gender unemployment gaps

Host Mary Walden points out that issues in the labor market have not impacted everyone equally. One difference we see today is that the jobless rate for men is higher than that for women. She asks her husband and N.C. State economist Mike Walden, “Is this unusual when we look around the world?”

Avoiding Japan’s economy

Economists say Japan’s economy has been in a major slump for much of the past 15 years, says host Mary Walden. Some say that there are parallel trends in the U.S. economy and Japan’s. She asks her husband, N.C. State economist Mike Walden, “Can we or will we avoid where Japan has been?”

Measuring inflation

The rise in prices that economists call “inflation” affects everyone, says host Mary Walden. Recent government reports suggest inflation is tame, averaging between 1 percent and 2 percent annually. But there are critics who say the government mismeasures inflation. She asks her husband, N.C. State University economist Mike Walden, “Are their complaints valid?”

Demography and the economy

N.C. State University economist Mike Walden and his colleagues are always searching for factors that can help predict various economic conditions such as growth, spending and inflation. Host Mary Walden says this can be complicated, but one element stands above all others in its predictive power. What is it?

Has income mobility stalled?

Host Mary Walden says that one of the positive points about our country is the ability of people to move up the income ladder. Someone born poor could become a millionaire in their lifetime. But some say this is no longer possible or at least the income ladder has become harder to climb. She asks her husband, economist Mike Walden, “What does the evidence say?”

Storms and the economy

North Carolina has been hit by a couple of crippling winter storms that resulted in closed schools and businesses, and a disrupted economy. Host Mary Walden asks how much this kind of winter weather has cost us? N.C. State University economist Mike Walden responds.

Soft skills vs. hard skills

With a new focus on education today, there’s a sense that individuals need training in areas businesses want. Host Mary Walden asked if having a degree or certification in a valued area of study is all it takes to be successful in the job market. Her husband, N.C. State University economist Mike Walden, responds.

The Fed’s plan

Host Mary Walden asks about the new Fed Chairperson Janet Yellen, who recently gave her first congressional testimony as head of the nation’s central bank. Mary asks her husband, N.C. State University economist Mike Walden, “Did Janet Yellen indicate what the Fed’s plan for monetary policy will be?”

Can financial crisis be avoided?

“Fortunately we are now several years past the virtual collapse of our financial system in 2008,” says host Mary Walden. “Lending has gradually been increasing, and legislation has been enacted to try to prevent future downturns.” She asks husband N.C. State University economist Mike Walden why some analysts say this won’t prevent a repeat sometime in the future.

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