Carolina Journal Print Columnists
Michael L. Walden


Articles by Michael L. Walden

(12.09.11) ‘Buy Local’ Movement Overlooks Several Economic Realities
Many products and services simply aren’t available in all localities. Small communities, especially, tend to specialize in what they do and what they have to sell.

(12.10.08) Can New Leaders Lead to a New Economy?
Government officials in Washington and Raleigh face a host of tough economic decisions.

(11.20.08) Can Government Steer The Economic Ship?
It's not clear whether government actions designed to fight a recession are having a positive impact.

(10.16.08) What's a worker worth?
Pro athletes, entertainers, and top business executives earn millions, while teachers, nurses, and police officers take home much smaller paychecks. Why?

(10.02.08) When Will the Housing Crunch End?
Once the Fed took the post-September 11 "punch bowl" away from those seeking easy credit, a softening of the housing market was bound to follow.

(8.13.08) Can Consumers Make Gas Prices Fall?
Straight-line forecasting can lead to errors in gauging the future price of fuel.

(7.09.08) Fuel: If It Can Be Done, Should It Be Done?
Any new fuel must pass two tests before people will use it as an alternative to conventional fossil fuels.

(6.10.08) No. 974 Read Beyond Headlines to See Real Inflation
Eggs up 30 percent, milk up 16 percent, cheese up 14 percent, and gas up a zillion percent (actually 26 percent). These are the price increases consumers have seen for many common products over the past year. Yet many economists and government officials say not to worry, because inflation really isn’t that big of a deal.

(4.07.08) No. 963 Is It Easy To Measure Progress?
With talk of recession in the air, we’re seeing more stories about whether households have really gotten ahead, economically speaking, in recent years. Some analysis shows the average household’s wages and income have actually retreated this decade. Some say this has been the situation for longer than three decades.

(3.06.08) No. 961 Waste is Relative
Waste today is on the cutting block. Businesses and consumers alike are being told to reduce waste, and for several reasons. One is the slowdown in the economy. With income and job prospects dimmer, at least in the near future, companies are trying to tighten their belts and eliminate “unnecessary” spending so profit margins can be maintained. Household budgets are feeling the same pressure, so many are cutting back on luxury and nonessential expenditures.

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