You Decide: Do Economists Ever Agree?
Economists have a reputation for being disagreeable. Some have argued an individual economist even has trouble agreeing with her or himself. Recently Dr. Mike Walden had a chance to test the level of agreement among economists taking part in a panel. So what did economists agree about?
You Decide: How to Solve Our Economic Growth Mystery?
Like the nation and most states, North Carolina’s economy has made progress since the end of the Great Recession. However, compared to recent recoveries from recessions, the pace of North Carolina’s current economic progress has been relatively slow. Usually, North Carolina's economic recoveries are stronger than the national recoveries. What could be the cause of this?
You Decide: What Will Happen to the Economy in 2017
Our economy is very complex with millions of interactions and interrelationships. I think economists are best at identifying general trends and raising questions about the economic future. So, what could the economy hold for our country in 2017?
You Decide: Will The Trump Economic Policies Work?
A big part of the presidential political campaigns centered on the economy, with candidates talking about boosting economic growth, creating jobs and improving pay. With Mr. Trump the winner, all eyes will be on the policies he will promote to achieve these goals. So what will President-elect Trump eventually do to help the economy?
You Decide: Where Will We Live?
Less than 50 years ago – in 1970 – North Carolina was still a rural state. That’s all changed. North Carolina is now an urban state, with two-thirds of the state’s people living in cities and high density counties. Will it remain that way?
You Decide: Is Demography Behind Slow Economic Growth?
One of the big issues hear in this election year is slow economic growth. Although the economy has improved since the depths of the recession seven years ago, the gains have been modest compared to previous recoveries. Does the real answer to the issue sit in demographics?
You Decide: Are There “Excesses” Building in the Economy?
The word “excess” generally has a bad meaning in our society. It implies too much of a good thing that can lead to problems later. NC State University economist Mike Walden outlines economic "excesses" that could spell trouble.
You Decide: Why Are So Many Men Not Working
In the late 1940s, 6 percent of prime working-age men were not employed and were not looking for work. Today, that rate is 14 percent. Translated to numbers, 1 million prime, working-age men in the late 1940s were out of the labor force – today the number is 7 million. What factors are causing this to rise?
You Decide: The Iron Law of Real Estate
The idea that we have to pay more for locations closer to city centers makes logical sense. It's part of the "Iron Law of Real Estate." What other factors play into this law though? And how can advancing technology alter it?
You Decide: Have We Won the War on Poverty
One of President Johnson’s domestic initiatives was the “war on poverty”. The goal was to significantly reduce the prevalence of poverty through a combination of financial assistance and skill development allowing individuals to become self-sufficient. How can we measure these programs to determine if they've been effective over time?