How has the economic pie and its slices changed?
Economic pie is a term often used to describe the size of the economy. Is everyone's slice of the pie increasing or decreasing? Read More
NC SPIN Posts by Michael Walden
Can a wage-price spiral be avoided?
In the past year private sector wages have risen 5% in the nation and 6% in North Carolina. But inflation has risen 6%. Read More
Will there be a permanent labor shortage?
The signs are pointing to fewer workers in the future than we had prior to the pandemic. What impact will that have on our economy? Read More
Is a wealth tax in our future?
Trillions of dollars were added to the national debt during the COVID-19 pandemic. To avoid putting this on the national tab some are advocating new federal taxes. Read More
What will the Fed do?
Congress has given the Fed two mandates: maintain full employment, but also achieve low inflation. Unfortunately, the two goals don’t necessarily go together. Read More
Should economic growth be a goal?
There are three alternative approaches to economic growth. Which is best? Read More
What made today's North Carolina economy?
Tobacco, textiles and furniture once were the mainstays of North Carolina's economy. The big three has now become the big five. Read More
Is round two of the COVID recession on the way?
The Delta variant is more contagious but less deadly. Can we look at how it progressed in other countries to predict how it will play out here? Read More
Could the post-pandemic economy be better?
Five major components will affect the new economy. All reduce the importance of location Read More
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
