The recession crushed the wealth of many households. But numbers show that these losses have at least stopped in recent years. Host Mary Walden poses this question to her husband, NC State Economist Dr. Mike Walden: I suspect that like income, changes in wealth vary per different groups of households. Am I correct?
Economics, often called the science of choice, wouldn’t exist unless we were confronted with choices about how to use our limited resources.
Having lived three-quarters of North Carolina Cooperative Extension’s history, former four-term N.C. Gov. James B. Hunt has plenty to say about the agency’s value and positive influence on communities and people across the state.
N.C. Cooperative Extension celebrates its centennial birthday.
Northeast District Director Travis Burke can’t wait to see what unfolds as Extension’s next century begins.
Some argue that one of the reasons for the relative slow economic recovery is that banks and other lenders still have very high standards that simply prohibit many from getting a loan. Since our economy revolves around credit, if borrowing is limited so will be economic improvement. Is this a valid issue? Host Mary Walden asks her husband, NC State Economist Dr. Mike Walden.
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.
Mike Walden discusses the periodic ups and downs of the economy and asks if we have to live with this cycle — or if there is a way to have a smoother economic road ahead.
The North Carolina Cooperative Extension Service at N.C. State University announced a strategic plan for restructuring the century-old organization by targeting its strengths, improving access to services across the state and refocusing resources to support its refined core areas. Dr. Joe Zublena, director of the Extension Service at N.C. State, presented the plan to Extension employees across the state via a webinar on August 12.
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?”