Posts Tagged ‘Extension’

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.

You Decide: How important is innovation?

Dr. Michael Walden is William Neal Reynolds professor of agricultural and resource economics at N.C. State University.

Innovations are important to our personal well-being for two reasons. First, they allow us to do things we could never do before, like traveling faster, beating disease and illness, and talking to someone across the country or around the world. But perhaps more fundamentally, innovations allow us to do more with less.

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.

The new health law and jobs

Host Mary Walden asks about the non-partisan Congressional Budget Office, which has the task of analyzing the economic impacts of federal programs, and recently issued a report, saying that the new healthcare law — the Affordable Care Act — could actually lead to fewer jobs in the economy. Needless to say this report has been debated and analyzed ever since its release. She asks her husband, N.C. State University economist Mike Walden, to help us understand this report.

New thoughts on retirement planning

The traditional recommendation for the investment of a retiree’s money was to move away from riskier investments and focus on “save assets” to preserve their nest egg, says host Mary Walden. “But now I understand some financial experts say this might not be the best approach. What are they saying?” she asks her husband, N.C. State University economist Mike Walden.

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