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.
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 .
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.
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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Audubon North Carolina said it will soon reach out to private landowners across Watauga County to encourage them to protect and restore priority bird habitats, while simultaneously helping landowners enhance their property in cost-effective and sustainable ways.// ...
From Academy AwardÂ®-winning filmmaker Fisher Stevens and Academy Award-winning actor, and environmental activist Leonardo DiCaprio, BEFORE THE FLOOD presents a riveting account of the dramatic changes now occurring around the world due to climate change. BEFORE THE FLOOD will be in ...
In case you missed the debate Monday night (I wish I had), I think this was the only environmental economics:
Donald Trump on Monday sparred with Hillary Clinton over whether he has called climate change a hoax as they debated the nation's energy policy.
Clinton said the United States should invest in clean ...
I can't really tell if they are seriously wondering how to make money from this thing:
In 2005, the town of Boone committed funding so that AppalCART could provide free service for in-town routes. At that time, annual recorded trips were at 652,000, Hughes said.
Fare-free service was wonderful, he said, because ...
Desvousges, Mathews and Train (2015) [DMT] find that their contingent valuation method (CVM) survey does not pass the adding up test. In a previous post (Whitehead, Sept. 20, 2016) I examined the data used by Desvousges, Mathews and Train (2015) and find that "it is ... not clear if [the data] passes ...
The standard market-based solution to reducing unwanted behavior is to place a tax on the unwanted behavior, causing people to want to do the unwanted stuff less (that's the law of demand). Here's a good example:
Customers at most stores in Baltimore would have to pay 10 ...