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Posts tagged “Mike Walden”

June 23

Premium Lock You Decide: Is small the new big?

Mike Walden Dr. Michael Walden of N.C. State University says a common plot in many popular novels and movies is the "little guy" triumphing over adversity. You decide if this is becoming more of a reality in today's world.

Updated June 9

Premium Lock You Decide: Can gray become green in rural areas?

Mike Walden Dr. Michael Walden: Retired people are on the move. They're going to resorts, towns and cities where their children and grandchildren live, or simply to locations with a lower cost of living. And they're not just visiting - they're staying.

May 26

Premium Lock Which economic future will prevail? Taking shots in the dark

Economy  It's a tall order to say anything definitive about the economy that far away. So many things can, and will, happen that are on nobody's radar screen. Making predictions for 2040, 2050 or 2060 really are "shots in the dark." There are largely two camps - optimistic and pessimistic. Here's a look from an economist's point of view.

May 16

Premium Lock Do we live in the most interesting times? Don't forget your history

Mike Walden Analysis: I was born in 1951, and most of my current students were born after 1990. I and they have certainly seen our lives altered by new inventions and innovations, especially in information technology and communications. But some say that, while these changes have been significant, their impacts have not been as transforming on daily lives as those brought about by electricity, the automobile and tractor, the telephone and the radio in the 20s and 30s. 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.

March 20

Premium Lock Mike Walden: You decide how important is innovation?

Mike Walden Opinion: Research suggests innovation increases when the economy is confronted with major questions. If accurate, then we may be on the cusp of a new flurry of innovative activity.

Updated February 17

Premium Lock Why does N.C. unemployment remain so high?

Unemployment   Possible reasons are numerous. However, economists are now thinking that a major reason for slow job growth is a skills mismatch. That is, many workers are unemployed because they don't have the skills and training employers want. There is some thinking that with the development of information technology and digital applications, the skills mismatch may have expanded in recent years.

January 3

Premium Lock Mike Walden: Up, down or sideways - what direction will the economy go in 2014?

Economy  Analysis: My calendar is already booked solid for presentations about the economic future all around North Carolina. I always open my talks with a well-worn joke - that economists are better at predicting the past than the future. After the laughter subsides, I make the serious point that economic forecasting has a high error rate, especially when the forecasts are for specific numbers like the jobless rate, new jobs created and the change in spending. However, economists are much better at recognizing and predicting general economic trends. So, let me begin with economic trends for 2014. I - and most economists - see several good trends.

December 31, 2013

Premium Lock NCSU economist Walden forecasts job growth in economic outlook

N.C. State University economist Michael Walden forecasts improving economic conditions and job growth in the coming months. Read more from the executive summary of his winter economic outlook report.

Employment chart from Walden's Winter 2013 Economic Outlook Employment chart from Walden's Winter 2013 Economic Outlook

August 9, 2013

Premium Lock Statistics: What's the best gauge for North Carolina's economy?

Economy  Opinion: We rely on economic statistics to give us an idea of what's occurring, says NCSU economist Mike Walden. But there are lots of economic numbers and measures. What do they mean, and what are they saying about our state's economy today?

July 9, 2013

Premium Lock You decide: What ails North Carolina's economy?

Economy struggles Opinion: Economic trends that benefitted North Carolina's urban areas have battered rural regions, says N.C. State economics professor Mike Walden. Read Walden's analysis.

January 22, 2013

Premium Lock What state policies can boost economic growth in NC?

Analysis: There are actions North Carolina public leaders can take to improve the long-run competitive position of the state and to gain both jobs and income. These actions revolve around the two broad areas that state government directly controls -- state taxes and state spending.

State of the economy State of the economy

December 17, 2012

Premium Lock At the fiscal cliff: Trying to make sense of deficits, debts and all that

State of the economy Analysis:. As 2012 comes to a close, the nation is focused on discussions and debates about the fiscal cliff and efforts to tame the federal government's financial affairs. In this discussion, there have been many terms, concepts, ideas and relationships bandied about, many times not in a very understandable way.

December 3, 2012

Premium Lock Election may be over, but economy remains a big, big issue

Politics Analysis:. The economy -- and particularly jobs -- was clearly the top issue during the political campaigns. Two big questions now face the office winners. What is the condition of the economy? And what, if anything, can government do to quickly improve the economy?

October 29, 2012

Premium Lock Can economists' forecasts really predict the future?

Economy  Analysis:. Let me be the first to say I'm totally flattered when asked for my forecasts. And, like most of my colleagues, I certainly have forecasts and am willing to give them. Yet I always say to take my or any economist's projections not with a grain of salt, but with a ton!

Updated October 18, 2012

Premium Lock You Decide: How would you grade the Fed?

Federal Reserve Building What exactly is the Federal Reserve, what does it do, and what impacts can it have? Dr. Mike Walden from the North Carolina Cooperative Extension has a few ideas to let You Decide the answers.

October 12, 2012

Premium Lock Saluting William Friday, 'greatest man of our generation'

Opinion: "He is the greatest man of our generation," former North Carolina Gov. Jim Hunt said of William Friday, who died early Friday. His home state owes Friday a huge debt of gratitude.

Former UNC President William Friday Former UNC President William Friday

Updated September 29, 2012

Premium Lock Are you better off today? Facts do paint a mixed picture

Economy  Analysis: In general, the economy has improved in the last two years, but whether we're back to where we were prior to the recession depends on which indicator is examined. In answering the better-off question, know what is being measured, the time period being covered and why. This will lead to a better you decide.

August 31, 2012

Premium Lock Debating Medicare's future: How can it be saved?

Economy  Analysis: Government spending for Medicare has been jumping off the charts and soon could comprise an unsustainable chunk of the federal budget. Therefore, all plans to slow the growth of government spending and borrowing have to address Medicare. The big question, of course, is how?

Updated August 27, 2012

Premium Lock Economic concerns cross party lines, but solutions don't

Economy  Analysis: Behind the scenes there actually is substantial agreement about what's needed in the economy, especially from our public policy makers? Well, the good news is there is agreement in at least six areas (by my count) that span the economic and political divides.

Updated August 7, 2012

Premium Lock Is our state an economic leader or a laggard?

North Carolina  Analysis: There is worry today that the North Carolina economic miracle has waned. Income per person in the state, relative to income per person in the nation, began dropping in the late 1990s and is now in the upper 80 percent range. The state's unemployment rate -- perhaps the most watched economic indicator -- surged during the recession to be one of the highest in the country and has been above 9 percent for more than 40 consecutive months. But a look inside the numbers muddies the waters.

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