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

EconLog (Arnold Kling)

"The Library of Economics and Liberty”

June 12, 2018, 3:04 pm, 1866852
(June 12, 2018 02:56 PM, by Bryan Caplan) Almost all libertarians earnestly say, "I believe in free speech."  Normally, though, this goes way beyond the right to speak freely.  Most libertarians also believe that free speech "works" in some sense - that given a free exchange of ideas,... (0 COMMENTS)

June 12, 2018, 1:25 pm, 1866773
(June 12, 2018 01:16 PM, by Scott Sumner) Let's start with the negatives: 1. This was one of the most complete capitulations by US negotiators since the 1973 peace agreement with North Vietnam. For years we've been demanding that North Korea de-nuclearize, and this agreement does not achieve... (0 COMMENTS)

June 11, 2018, 8:35 pm, 1866504
(June 11, 2018 08:25 PM, by David Henderson) But if we forswear military intervention in other countries, are there any tools left to affect the world in a positive way? Yes, and one of the main ones is free trade. In 1750, the Baron de Montesquieu, whose philosophy... (0 COMMENTS)

June 11, 2018, 3:04 pm, 1866444
(June 11, 2018 02:50 PM, by Bryan Caplan) My colleague Mark Koyama responds to my recent critique of state capacity research.  Reprinted with him permission.  Enjoy!Hi Bryan,   My response is below. I agree with Noel on measures of rule of law.  When one looks at how... (0 COMMENTS)

June 10, 2018, 5:04 pm, 1866137
(June 10, 2018 04:38 PM, by Contributing Guest) by Pierre Lemieux ...surveillance and control go hand in hand. Control may grow as a consequence of surveillance. Let's define the Surveillance State as a state that aims at preventive, everyday, mass surveillance. Many people don't mind the Surveillance State.... (0 COMMENTS)

June 10, 2018, 1:24 pm, 1866121
(June 10, 2018 02:34 PM, by Scott Sumner) The Washington Post has an article discussing the competition between the US and China for pre-eminence in science and technology. While the US is still well ahead, China is progressing rapidly. This reminds me a bit of the space... (0 COMMENTS)

June 10, 2018, 11:04 am, 1866099
(June 10, 2018 12:38 PM, by David Henderson) Occasionally our family didn't spend the whole summer at our cottage and so I had to come up with ways of making money other than hunting golf balls. One way was to pick crabapples at the local Aubin's Nursery in... (0 COMMENTS)

June 9, 2018, 8:06 pm, 1866027
(June 9, 2018 09:54 PM, by David Henderson) On Facebook in the last few months, various friends have listed jobs they had chronologically. I've gotten quite a lot of enjoyment from reading them, but in many cases I wanted to know more: (1) how old were you when... (0 ...

June 9, 2018, 5:45 pm, 1866025
(June 9, 2018 06:12 PM, by Scott Sumner) A couple of pardons recently issued by President Trump illustrate the two extremes of this type of executive power. A few weeks ago, Trump pardoned Joe Arpaio, former sheriff of Maricopa County (Phoenix). Arpaio combined contempt for the rule of... (0 ...

June 8, 2018, 3:04 pm, 1865855
(June 8, 2018 04:44 PM, by David Henderson) One word: water. This bill [AB 1668] would require the State Water Resources Control Board, in coordination with the Department of Water Resources, to adopt long-term standards for the efficient use of water, as provided, and performance measures for... (0 ...