There is considerable optimism today about U.S. energy production. More oil wells are being drilled, and domestic oil production is skyrocketing. But we know oil is a limited resource. Won’t the production from new wells eventually run dry? Host Mary Walden asks her husband, NC State Economist Dr. Mike Walden.
The ability to borrow money for investments is crucial for the economy. Clearly borrowing can be overdone, but if consumers don’t borrow, the economy usually struggles. Host Mary Walden asks her husband NC State Economist Dr. Mike Walden, “Lending virtually stopped during the recession, so where are we now?”
Air travel has become common today, and in fact many businesses couldn’t survive without the ability to reach customers quickly through air flights. Host Mary Walden asks her husband, NC State economist Dr. Mike Walden, “Does this mean access to air transportation has become a major factor in a community’s economic development?”
As we enter the second half of 2014, economists like to update their forecast. Host Mary Walden asks her husband, NC State economist Dr. Mike Walden, about his bi-annual North Carolina economic outlook. “What does your crystal ball show for the economy over the next six months?” she says.
There appears to be heightened concerns about inflation today, according to host Mary Walden. Some point to the tremendous quantity of new money the Federal Reserve has engineered as the source of their fears, but others say, ‘not so fast.’ There may be a lingering break on inflation. She asks her husband, NC State economist Mike Walden, “What is this break?”
Host Mary Walden recently spent time in New York City with her husband, NC State economist Mike Walden. “We did a fascinating tour of Brooklyn and learned how some of that burrows neighborhoods have experienced a dramatic economic renewal How did they do it?” she asks.
The world economy has been changing dramatically in recent decades. Many see some of the changes as negative, with foreign competition increasing and jobs moving from our country to others. Host Mary Walden asks her husband, NC State economist Mike Walden, “Are there other changes ahead that may be more positive?”
New statistics just released show that the proportion of households’ financial resources from working is at a thirty-year low, host Mary Walden says. She asks her husband, NC State economist Mike Walden, “What kind of resources have taken up the slack?”
Finding a life mate is both exciting and fun, but also sometimes difficult, says host Mary Walden. “Has anything changed economically speaking in the search for a soul mate?” she asks her husband, NC State economist Mike Walden.
Economists wonder where the “next big thing” will be. That is, what will be the next industry that will employ people and create growth? I understand some people say it may be an industry that creates a positive out of a negative, says host Mary WaIden. She asks her husband, NC State economist Mike Walden, “What is it?”