Tag:Michael Walden

  • Economist predicts inflation, even price controls, in 2022

    Whether it is filling up at the pump, paying more for goods and services, or not finding your favorite item on the grocery store shelves, there is no denying that inflation and supply chain issues have affected everyone in one way or another. Mike Walden, professor emeritus in economics at…

  •  Causes and challenges of North Carolina’s revenue surge

    A year ago, in the midst of the pandemic, all hands were wringing about shortages – shortages of food, everyday essentials, salaries, and government revenues. State budget experts were expecting revenue shortfalls of between 5% and 10%. Massive layoffs of state workers were possible, even possibly reaching into the ranks…

  • What economic lessons can the pandemic teach us?

    The Covid-19 pandemic may be the biggest story of our lifetimes, impacting us for decades. In a new book titled “Economics in One Virus,” author Ryan Bourne shows how the circumstances, debates, and policies related to dealing with the pandemic and its accompanying recession can be used…

  • Cooper gets second term, but faces a lot of questions

    Races filling the N.C. ballot were won or lost by the thinnest of margins. With a few exceptions, races — statewide and national — stayed excruciatingly close days after election night. Just as polls predicted. All teetering within the margins of error, albeit with at least…

  • Drilling benefits exceed the cost

    Offshore drilling could boost North Carolina’s gross domestic product by $1.9 billion a year, its permanent employment by about 17,000 jobs, and annual government revenues by $116 million.

  • Economists cautiously optimistic about North Carolina growth in 2017

      DURHAM — Economists on Wednesday said they expected North Carolina’s economy to grow somewhat in 2017, but they cautioned against counting on a robust growth during the coming year. The panel of economists presented their observations to business leaders gathered at the Sheraton Imperial Hotel and Conference Center during…

  • No. 669: Where Did North Carolina Go Wrong?

    “How did North Carolina get into such budget problems” is a frequent question asked among public-policy thinkers and regular citizens during the past couple of years. Although many factors contributed, clearly an important one is that North Carolina spent an increasing share of its income on government functions in the…