Economics Roundtable

Technical Problems 3/9/15

The website was down several hours today, but is back up now.


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.


Jobs

The best summary of the state of our economy is the graph (below) of employment as a fraction of population for people over 16 years old. The decrease is large, but the most troubling feature of the graph is the flat trend .


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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.


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.


EconModel

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U.S. Food Policy (Parke Wilde)

"U.S. Food Policy and Economics from a Public Interest Perspective”


April 23, 2015, 5:03 pm, 1460665
In a commentary titled, "A Farmer's Double Life," in the new edition of Tufts Nutrition, my Friedman School colleagues Jennifer Hashley and Samuel Anderson reflect on whether it is right or wrong that most small farmers also rely on off-farm income.

They discuss the experience of farmers they ...


April 17, 2015, 11:03 am, 1457165
A new report by the Center for Public Integrity and the Center for Science in the Public Interest suggests that some food ingredients have been falling through the cracks, with nobody in authority confirming that they are safe.

By law, the federal government has long accepted food ...


March 30, 2015, 1:03 pm, 1447698
The Friedman School's graduate student-organized research conference on "The Future of Food and Nutrition" will take place here in Boston on April 11 (registration here).

In addition to the excellent student research program, this annual event has particularly notable speakers this year. The topic is especially timely ...


March 18, 2015, 5:03 pm, 1441541
The Academy of Nutrition and Dietetics (AND), the professional association for registered dietitians, generated plenty of unfavorable attention this month when it permitted Kraft Singles (a processed cheese-like product) to be the first food product to carry the "Kids Eat Right" logo.

The arrangement adds fuel to


March 17, 2015, 7:03 pm, 1440932
Should the Dietary Guidelines for Americans address environmental sustainability issues?

The Dietary Guidelines Advisory Committee (DGAC) report earlier this year included these issues in its executive summary, giving them far higher profile than they ever previously have had in the nation's most august dietary guidance process. The federal ...


March 2, 2015, 7:03 pm, 1432001
Jessica Alba and Cam Newton participated recently in an upbeat advertisement for healthful fruit and vegetables, sponsored by the Partnership for a Healthier America.

An AP article Feb 26 explained some of the origins, noting that the new campaign grew out of a broccoli advertisement ...


December 8, 2014, 7:03 pm, 1385474
In my in-box are two new books on agricultural policy controversies, both written by agricultural economists. Both books seek, with partial but not complete success, to move beyond a certain fear of criticism, openly engaging readers who may have diverse public interest concerns and motivations.

First is Depolarizing Food ...


December 7, 2014, 7:03 pm, 1384791
To understand food policy in the United States, one must pay attention to Mexican and Central American farmworkers in this country, but also to farm labor in Mexico.

The Los Angeles Times today has started an article series and a remarkable video series on the Mexican workers who ...


December 3, 2014, 5:03 pm, 1382755
I am enjoying reading the new book-length coverage of local food systems in Food, Farms, and Community, by Lisa Chase and Vern Grubinger of the University of Vermont.

Food, Farms, and Community: Exploring Food Systems 


December 3, 2014, 9:03 am, 1381647
The prevalence of household food insecurity in the United States remained above 14% in 2013, according to new data released today by USDA's Economic Research Service.

Here is the abstract to today's report:

An estimated 14.3 percent of American households were food insecure at least some time ...