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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"Economists on Environmental and Natural Resources: News, Opinion, and Analysis”
Bitter and twisted:
After two decades of submitting papers to journals, and more than 10 years of serving on an editorial board or editing journals, geography researcher Kevin Ward knows a thing or two about peer review. ...
In all, Ward â€” from the University of Manchester in ...
Because all of Canada is going to implement a national carbon price:
Canada will implement a national policy to charge polluters for emitting carbon dioxide by the end of the year, a top government official said.
We are on course to set another record for the hottest year, the third year in a row, and 2016 may well have the most billion dollar weather disasters. Adaptation to a changing climate looks both necessary and inevitable.
I skimmed the Republican Party Platform [PDF] to find out if it says anything about climate change. It kind of doesn't except for this line:
We oppose any carbon tax.
I'm reminded of Mankiw's essay on "the key role of conservatives in taxing carbon." It seems like it is going ...
Mr. Trumpâ€™s acceptance speech last night contained few references to energy, but one had to do with bringing coal jobs back. His two themes for why jobs have been lost are costly environmental regulations and bad trade deals leading to foreign competition. Regulations do raise the cost to electric utilities ...
... and I focus primarily on climate change:
I just realized I've been reading @johnwhitehead81's Friday Beer Posts for years and we may have missed the chance to share an actual beerâ€” Anthony Rogers (@anthonomics) July 14, 2016
With my family along the only beer I was able to have at the conference ...
Here are the daily page views at env-econ.net using Typepad data. The cubic trend line (the cubic fits best) and 300 day forecast is in orange (I don't feel comfortable forecasting beyond 300 days). Outliers have not been removed.