Economics Roundtable

NOTICE 4/30/18

The Economics Roundtable is back. The technical problem that has limited the set of blogs has been resolved. The RSS feed is, however, still not working.

Flushing caches will likely cause some old posts to show up for a day or two.


Employment as a Percentage of Population

The graph below shows employment as a fraction of population for people over 16 years old.


Click on the image to get a bigger version.


March 2017 Payroll Employment

Payroll employment has not grown impressively since 2000. Some baby-boomers retired, but that does not totally account for this graph.

Click on the image to get a bigger version.


May 2014 Payroll Employment

After 76 months, we finally got back to the prerecession level of payroll employment.

Click on the image to get a bigger version.


Graph-of-the-Year Candidates

Donald Marron likes European interest rates. Click on the image to get a bigger version. Can you find three distinct subperiods?

Brad DeLong favors the U.S. gdp gap.


RSS Feed

Economic Principals (David Warsh)


September 16, 2018, 5:24 pm, 1899812

Ten years after the Panic of 2008 began, the hardest thing is dealing with the might-have-been in its immediate aftermath.  What if President Barack Obama had better understood the situation he inherited?

He might have emulated Franklin Delano Roosevelt and begun his term as explainer-in-chief. He might have devised some modern ...


September 9, 2018, 8:36 pm, 1897854

Donald Trump continues to advertise his itch to fire Attorney General Jeff Sessions, presumably in hopes of short-circuiting Special Counsel Robert Mueller’s Russian probe. There is another reason replacing Sessions is a bad idea.  The practices of the Clinton Family Foundation during the period Hillary Clinton was Secretary of ...


September 2, 2018, 5:24 pm, 1895837

Jesse Norman, 56, is a rising star in British politics. Member of Parliament since 2010 for Hereford and South Herefordshire, a county seat 135 miles west of London, today Norman is Minister for Roads, Local Transport and Devolution in the Conservative government of Theresa May – a potential future ...


August 26, 2018, 9:05 pm, 1893768

I just spent seven days in the upper Midwest, driving across the states that gave Donald Trump his victory – Michigan, Indiana, Ohio, Pennsylvania – talking to friends as I went. It was mostly vacation, but I carried with me Midwest at Noon, by Graham Hutton (University of Chicago ...


August 19, 2018, 5:24 pm, 1891498

Economic Principals is not writing this week.

Back next week!

The post Up In Michigan appeared first on Economic Principals.


August 12, 2018, 5:05 pm, 1888892

A consensus seems to be emerging that climate change has begun exceeding its natural variability, and that accelerating global warming is something to be feared.  What makes me think so?  Accounts of widely-shared experiences on the front pages of the newspapers that I read: forest fires; melting ice; famine, flood, ...


August 5, 2018, 3:25 pm, 1885220

I live in Somerville, a city near Boston that is rapidly gentrifying.  It seems like a pretty good place to think about the implications of  Common Ownership Self-Assessed Tax, or COST system, that Eric Posner and Glen Weyl sketch out in Radical Markets: Uprooting Capitalism and Democracy for a ...


July 30, 2018, 9:24 am, 1881759

Regulators in Berlin plan to block the Chinese acquisition of a German company under a tough new “critical infrastructure” law, according to the business magazine Wirtschaftswoche. The sale of Leifeld Metal Spinning, a Mittelstand machine tool manufacturer with customers in the aerospace and nuclear industries, would be the first ...


July 22, 2018, 5:25 pm, 1878341

As shocking as anything that Donald Trump said in Helsinki last week was Vladimir Putin’s emphatic claim that “the Russian state has never interfered, and is not going to interfere, into internal American affairs, including election processes.”

Just as there are two NATOs, there are two Vladimir Putins.  When US ...


July 15, 2018, 10:35 am, 1876068

“Disastrous,” was how the Financial Times yesterday described Donald Trump’s visit to Europe. Were you to extend Trump’s influence indefinitely into the future, the North Atlantic Treaty Organization, the bedrock of US foreign policy for the past seventy years, would be finished.

If, on the other hand, Trump is repudiated in ...