Economics Roundtable

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 .

Click on the image to get a bigger version.

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.


The Economics Roundtable is sponsored by EconModel.

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Environmental Economics

"Economists on Environmental and Natural Resources: News, Opinion, and Analysis”

August 21, 2014, 3:33 pm, 1322569

The National Socio-Environmental Synthesis Center (SESYNC) invites applications for two-year postdoctoral fellowships that begin June 1, 2015.

The new Postdoctoral Socio-Environmental Immersion Program will bring early-career scholars to SESYNC to: undertake individual synthesis projects; participate in workshops led by distinguished natural scientists and social scientists; and enhance their collaborative network, computational ...

August 21, 2014, 3:33 pm, 1322570

Is "a lot" one word or two? Jay Schalin at the Pope Center for Higher Education Policy:

While the UNC system has not yet revealed the 2012 figures for tenure-track professors, the Pope Center has obtained the official tenure-track teaching load average for Appalachian State University for the Fall ...

August 18, 2014, 1:33 pm, 1320460

I stopped sending my posts to my facebook account (I'm sure some of my facebook friends get annoyed by them ... some "friends", right?). The link for our blog site is here: I *think* all of our posts are arriving via RSS Graffiti (if anyone knows of ...

August 18, 2014, 1:33 pm, 1320459

August 18, 2014, 11:33 am, 1320385

August 18, 2014, 11:33 am, 1320384

Warning: Rant Ahead

Last night, John challenged me to take the ALS Ice Bucket Challenge.  Here's the video:

    The ALS Challenge has two purposes: 1) Raise awareness ...

August 18, 2014, 9:33 am, 1320305

Steven Conn writing about "rubrics" and other student guidelines that limits thinking:

Cleaning out some files not too long ago I looked at a syllabus I wrote in my first year teaching. It was four pages long, had a rough-and-ready description of the course, and then a week-by-week schedule of lectures ...

August 18, 2014, 9:33 am, 1320304

There is a lot of economics and finance in this one (Envisioning profit in environmental good works):

While the state government has developed a detailed master plan for wetlands restoration in the region, and money has been promised from the federal government and the BP settlement of the 2010 ...

August 18, 2014, 9:33 am, 1320303

I just finished:

25 years in the UNC system  10 years at Appalachian State University (12 at ECU, 3 at UNCW) 5 years as department chair

Er, congratulations to me?

August 18, 2014, 9:33 am, 1320302

The Chronicle of Higher Education has just put out its 2014 Almanac of Higher Education.  Lots of interesting data to be used and misused.  Here's a figure I found particularly interesting:  The national trend in state versus student dollars spend on higher education (per student).  I particularly note ...