Technical Problems 1/21/15
The website was down for a day and a half, but is back up now.
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?
The Economics Roundtable is sponsored by EconModel.
The Classic Economic Models cover micro, macro, and financial markets.
"Economists on Environmental and Natural Resources: News, Opinion, and Analysis”
From a profile of "the Risky Business Project, an unusual collection of business and policy leaders determined to prepare American companies for climate change":
In May 2014, the committee members gathered at the Bloomberg Philanthropies offices in Manhattan to hear two of the authors commissioned by the Rhodium Group â€” Robert ...
25% support higher electricity taxes and 36% support higher gas taxes "to try to reduce future global warming." Here are the questions and results from the poll:
Submitted by Martin Heintzelman:
The 2015 Northeast Agricultural and Resource Economics Association (NAREA) & the Canadian Agricultural Economics Society (CAES) Annual Meeting and Workshop will be held June 27-30 at Hotel Viking in the historic seaside town of Newport, Rhode Island.
The 2015 conference features many opportunities to interact and learn including: Selected Paper sessions, Symposia, Plenary Talks, and ...
From the inbox:
An overwhelming majority of the American public, including nearly half of Republicans, support government action to curb global warming, according to a poll conducted by The New York Times,
It could have been anyone's governor:
Just what do university professors do all day?
Gov. Scott Walker of Wisconsin has been hearing plenty on that topic since he remarked this week, during a discussion of his proposal to cut state appropriations for the University of Wisconsin system by $300-million over two ...
Gov. Scott Walker said Wednesday that University of Wisconsin System faculty and staff could increase their workload to reduce the impact of his proposed $300 million budget cut.
Walker announced this week that the proposed cuts, along with a two-year tuition freeze, would be part of his two-year budget ...
Agnar Sandmo (Rev Environ Econ Policy 2015 9: 43-63):
This article traces the history of economistsâ€™ treatment of environmental problems prior to the establishment of environmental economics as a separate field in the 1960s. I examine the economics literature from the late eighteenth century onward, searching for an ...
Why else would the government try to stop mining in Alaska?
The Obama administration moved Tuesday to open up a vast stretch of East Coast waters to oil and gas drilling, a decision that could have a profound impact on the economic and environmental future of states from Virginia to Georgia. ...