Economics Roundtable

NOTICE 9/30/177

The Economics Roundtable website has been up and running for a couple of days now. Further periods of testing will be necessary. The RSS feed is still not working. The left sidebar links are also probably not updating correctly.

The problems were caused by updates to the programming language php and to the Apache operating system. It is taking time to track down the problems this causes with my system. - Bill Parke

March 2017 Fed Funds Rate

What is the effect of a 0.25% change in the Fed Funds rate?.

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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.

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May 2014 Payroll Employment

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

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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?


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EconModel

The Economics Roundtable is sponsored by EconModel.

The Classic Economic Models cover micro, macro, and financial markets.


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U.S. Food Policy (Parke Wilde)

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


September 14, 2017, 12:40 pm, 1775568
The fluid milk and dairy checkoff programs are required by law each year to submit a Report to Congress. But these reports have gone missing since 2012.

Under the federal government's authority, the public-private checkoff programs collect several hundred million dollars each year in mandatory assessments from dairy producers, ...


September 12, 2017, 1:19 pm, 1774344
Jeremy Cherfas, host of Eat This Podcast, led this lively conversation about the cost of a nutritious diet:

Recently I’ve been involved in a couple of online discussions about the cost of a nutritious diet. The crucial issue is why poor people in rich countries seem to have ...


September 12, 2017, 1:19 pm, 1774345
For the United States, trade with Mexico offers many benefits for the economy and dietary quality for American consumers.
Regarding the economic benefits, a recent August 2016 article in the magazine Amber Waves, from the U.S. Department of Agriculture -- by USDA economists Steven Zahniser, Adriana Moreno, and ...


September 12, 2017, 1:19 pm, 1774346

Please share this week's announcement with potential researchers:

The Tufts/UConn RIDGE Center seeks to support innovative economic research on domestic nutrition assistance programs and to broaden a network of researchers applying their ...


September 12, 2017, 1:19 pm, 1774343


The


September 12, 2017, 1:19 pm, 1774341
Choices Magazine, the outreach magazine of the Agricultural and Applied Economics Association (AAEA), has a special issue exploring the triangle of connections between farm labor, immigration reform, and health care policy. Philip Martin at UC Davis writes:

The Trump Administration has promised to make it more difficult for ...


September 12, 2017, 1:19 pm, 1774338
USDA reported today that the rate of household food insecurity fell during the economic recovery of the last five years of the Obama administration, from 14.9% in 2011 to 12.3% in 2016. The annual statistics are based on a national household survey each December, which asks about 18 different ...


September 12, 2017, 1:19 pm, 1774339
The Trump administration last week named Georgia Public Health Commissioner Brenda Fitzgerald as the next leader of the Centers for Disease Control and Prevention (CDC), a crucial federal public health agency. The CDC is based in Atlanta, so she won't have to move far.

Politico's Morning Agriculture ...


September 12, 2017, 1:19 pm, 1774340
The Washington Post on June 15 reports the story, good for a laugh at stupid Americans and their ignorance about where their food comes from:

Seven percent of all American adults believe that chocolate milk comes from brown cows, according to a nationally representative online survey commissioned by the ...


September 12, 2017, 1:19 pm, 1774342
The Storm Lake Times, a tiny newspaper in rural Iowa, became the topic of headlines around the world this week after it won a Pulitzer Prize for its reporting on the local political power of agricultural interests.
In this piece by Art Cullen, for example, the ...