Is the economy recession prone?

Most of us focus on decisions affecting our daily lives — earning an income, spending, investing and looking ahead to our retirement. Businesses face similar choices about production, advertising, workers and pricing. Economists call these types of choices microeconomic...

Job seekers are not loafing

by Mike Walden Like most people, my grandparents struggled during the Great Depression of the 1930s. My maternal grandfather lost his life’s savings in a failed bank. Because he was a widower, his extended family wanted to take his children — including my mother — and raise them....

How does government size impact the economy?

Dr. Mike Walden Perhaps few topics can start a verbal clash more than the debate over government size and the economy. The competing sides are well known. One position says government gets in the way of the economy, by levying taxes, writing restrictive regulations and directing...

Are interest rates on the rise? — Dr. Mike Walden

In the years right before his death, my father became very interested in investments. Maybe it was because he wanted his financial affairs in good order before he passed. Or maybe he became caught up in all the discussions about investing during the Great Recession. But for...

How will technology shape our future? — Dr. Mike Walden, N.C. Economics

My late mother-in-law loved gadgets. As soon as she could afford it, she had to buy the latest kitchen appliance, hi-fi (remember those?) and TV. Indeed, her family was one of the first to have a color TV. My wife, who was a small girl then, watched an entire baseball game just...
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