There’s a theory in economics that says if residents are unhappy with their local taxes, they will be more likely to move. Host Mary Walden asks her husband, NC State economist Mike Walden, “Is there any evidence supporting this idea?”
Soon It will be five years since the bottom of the economic recession. Is the economy is better today than it was five years ago, and, if so, how much better? Mike Walden looks at some of the key economic measures, particularly for North Carolina.
Many older adults move when they retire, while many rural areas are lagging in economic growth. Host Mary Walden asks her husband, NC State University economist Mike Walden, “Can these two facts be put together to create economic improvement?”
Gas prices rose about 40 cents a gallon between last November and this spring. There are always many theories explaining movements in gas prices, says host Mary Walden. Which one makes most sense to you, she asks her husband, NC State University economist Dr. Mike Walden.
While the migration of retired households can be interesting as a social and demographic phenomenon, there also can be important economic implications: Attracting retired households can be a form of economic development.
We’ve seen many changes in everyday living during the past two decades, with computers, the Internet and smart phones, says host Mary Walden. And more changes appear to be coming in information technology, robotics and even driverless cars. She asks her husband, NC State economist Dr. Mike Walden, “Have we ever seen so much dramatic change before in our history?”
It’s popular to say we live in a fast-paced, highly connected, ever-shifting world. But a strong case can be made for that world actually occurring 90 years ago.
Though most people are unfamiliar with the names of economists, the name John Maynard Keynes may generate some interest, says host Mary Walden. Keynes is associated with government stimulus programs, which are very controversial. She asks her husband, N.C. State economist Mike Walden to give a thumbnail summary of Keynes’ ideas.
Recently “equal pay day” was celebrated to highlight the continuing difference between average salaries of male workers compared to female workers. Females earn less, although the difference has been gradually shrinking over time. Host Mary Walden asks her husband N.C. State economist Mike Walden, why should there be a difference at all in what males and females earn?
You obviously majored in economics in college, whereas my focus was education and psychology. Yet you and I had a recent conversation that brought economics and psychology together, and it involved money, says host Mary Walden, who tells her husband, N.C. State University economist Mike Walden, “Your comments fascinated me. Give our listeners a summary.”