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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Environmental Economics
"Economists on Environmental and Natural Resources: News, Opinion, and Analysis”
Via No Depression:
Athens, GA: Some of the greatest songs were written to give voice to anxiety, despair and unwanted change. “After it’s Gone”, a new single just released by Patterson Hood and the Downtown 13, was inspired by the threat of a Walmart in the heart of the downtown ...
Stephen Dubner:
We recently put out a podcast called “The Truth Is Out There … Isn’t It?” about how people decide what to believe about everything from global warming and nuclear risk to UFO’s. It was inspired by the research of Dan Kahan and his colleagues at the Cultural ...
"Over the River" vs "ROAR":
The $50 million project by the artist Christo, who hopes to drape nearly six miles of the Arkansas River here in southern Colorado with suspended bank-to-bank fabric, received approval from
Answer: They are all univited (and unwanted?) guests in U.S. ecosystems. That, and they're all Asian. But I'm sticking with the invasive species angle.
Ohio officials have long considered the Asian carp a dire threat to Lake Erie’s $10 b illion-a-year tourism and fishing industries. Concerns have grown since 2009, when DNA ...
I attended (and recorded!) an interesting panel discussion at the ASSA in Chicago
Environmental Economics, Policy, and Politice
Moderator: Robert Stavins (Harvard University)
Joseph Aldy (Harvard University)
Michael Greenstone (Massachusetts Institute of Technology)
Robert Hahn (University of Oxford)
Adele Morris (Brookings Institution)
...
Burmese pythons have eaten so many small mammals in Everglades National Park that populations of rabbits and foxes have disappeared and numbers of raccoons, opossums and bobcats have dropped as much as 99%, according to a report released Tuesday by researchers at Virginia Tech University, Davidson College and the ...
This is making the local news (America's fastest growing small towns):
To determine which smaller cities are growing fastest, we used census data to calculate the population growth rate between 2007 and 2010 for every Metropolitan and Micropolitan Statistical Area (MSA) with fewer than 100,000 people. These statistical areas are ...
I've decide to boycott publishing in JEEM (insert smiley emoticon -- see #1 below). Of course, I'm still happy to provide free referee services.
Elsevier, the global publishing company, is responsible for The Lancet, Cell, and about 2,000 other important journals; the iconic reference work Gray’s Anatomy, along with ...