Economics Roundtable
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.
Finally, it's hard to argue against the payroll employment graph below (straight from FRED) and the comparison across recessions (courtesy of Calculated Risk).
Looking Up At 2001
In February 2001, U.S. payroll employment peaked at 132.5 million. The November 2011 figure of 131.7 million still falls 800,000 jobs short of the earlier peak.
Click on the chart for a larger version.
November Payroll Employment
Remember M1?
Money Supply M1 growth is now over 20% per year over a 12 month lag. M1 growth has touched 20% before, but not with excess reserves of $1.6 trillion. Where is M1 headed?
Click on the chart for a larger version.
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ACSBlog (Am. Constitutional Soc.)
"The Blog of the American Constitutional Society for Law and Policy”
The White House has officially announced the nomination of Cass Sunstein to head the Office of Information and Regulatory Affairs (OIRA) in the Office of Management and Budget. OIRA is responsible for reducing government paperwork ...
In an interview with The Huffington Post, federal appeals court judge Richard A. Posner ponders his longstanding support of free-market capitalism. As noted in the interview, Posner’s changing thoughts on capitalism are expounded upon in ...
U.S. Sens. Bob Menedez and Richard Durbin are promoting legislation that would allow states to ease barriers to college for thousands of undocumented students.
U.S. News & World Report says:
By Katherine V. Stone, Professor of Law, UCLA School of Law. Stone teaches labor and employment law. The following piece will appear in a forthcoming report entitled “Academics on Employee Free Choice: Multi-Disciplinary Approaches to Labor Law Reform,” to be ...