Could the post-pandemic economy be better?
Five major components will affect the new economy. All reduce the importance of location Read More
NC SPIN Posts by Michael Walden
Should wage and price controls be brought back?
Many economists think our economy resembles that of 50 years ago, when President Nixon established wage and price controls. Read More
Is there a middle ground between optimistic and pessimistic economic forecasts?
Forecasting the immediate future is easy. It's beyond next year when the uncertainty begins. Read More
What are the issues in today's tax rate debate?
Do tax rate cuts boost the economy? Will they generate even more revenue than before the cut? Read More
Causes and challenges of North Carolina's revenue surge
How did North Carolina's financial fortunes turn around so quickly, when we lost $5 billion in aggregate output? Read More
What economic lessons does the pandemic teach us?
Many economic decisions are made with a high degree of uncertainty. This was the case with COVID. What are the lessons we learned? Read More
Should North Carolina follow California or Texas?
Both states have built their economies around different business models. This helps us understand their different taxing and spending philosophies. Read More
Will the "roaring 20s" come back?
There are similarities between the 1920s and today. Could history repeat itself? Read More
Should we revive the idea of a negative income tax?
There are 92 individual poverty programs operated by 52 different agencies of the federal government and collectively spending almost $1 trillion annually. Unfortunately, each program has its own rules and there can be little coordination among the programs. Read More
Was popping the mileage fee baloon a good read?
We all directly or indirectly rely on roads, but paying for them is controversial. The gas tax has developed several cracks. Read More
