The Federal Reserve took extraordinary steps to try to contain the negative effects of the recession. Does the Federal Reserve have to worry about how to move back from these steps now that the recession is past? N.C. State University economist Mike Walden responds.
Mike Walden discusses why saving, protecting and even expanding the middle class may be the issue of the century.
To drivers’ delight, gas prices have dropped to around $3 a gallon. Many thought this day would never come. N.C. State University economist Mike Walden explains why the drop happened and whether lower prices will continue.
When most people think of taxes, they think of income taxes and sales taxes. But there are also many services we buy that carry taxes as part of the bill. And if we ignore the fine print on the bill, we may not even know we’re paying a tax. NC State University economist Mike Walden discusses a good example – wireless telephone service.
Today’s farm and factory are quite different from their predecessors. Mike Walden analyzes the economic significance of current production trends in manufacturing and farming.
Recently the stock market has seen big fluctuations. Of course, investors are happy when the fluctuation is on the up side, but they worry when the various market indices, such as the Dow Jones Average, plunge. NC State University economist Mike Walden takes a look at what’s driving today’s stock market concerns.
Economic Perspective host and retired elementary school teacher Mary Walden says the topic of teachers’ impact is important to her. “We all know teaching and teachers are vitally important to children’s academic success,” she says. “But there’s always been the problem of measuring the impact. What are some of the problems in measuring teacher impact, as well as ways of overcoming these problems?” Her husband, N.C. State University economist Mike Walden, answers.
Many forward thinkers believe we are on the cusp of another transformation in the economy. Mike Walden considers the possible areas of future economic growth that could take North Carolina along for the ride.
Forty years ago North Carolina was the nation’s fourth most rural state, but today more than 60 percent of the state’s people live in urban areas. What happened? And, will it continue? N.C. State University economist Mike Walden explains.
Many issues in today’s economy are blamed on the recession. This means solutions focus on actions that would speed the recovery from the recession. But, says N.C. State University economist Mike Walden, this focus might be misguided.