Economics Roundtable
The Problem - I
Calculated Risk has the clearest picture of the problem we face.
Click on the chart for a larger version.
The Problem - II
Calculated Risk adds the the clearest picture of the housing tailspin.
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Special Topic 8/4/10
This week, the Roundtable will feature a special listing for reaction to the payroll employment figures from ADP on Wednesday and the BLS on Friday.
ADP: +42,000
BLS: -131,000/+71,000
Click on the chart for a larger version.
Special Topics 6/28/10
This week, the Roundtable will feature special listings for reaction to Wednesday's
CBO budget projections and the
payroll employment figures
from ADP on Wednesday and the BLS on Friday.
ADP: +13,000
BLS: -125,000/+83,000
CBO: Take your pick.
Click on the chart for a larger version.
Current Economic Conditions 6/5/10
James Hamilton summarizes the situation.
EconModel
The Economics Roundtable is sponsored by EconModel.
The Classic Economic Models cover micro, macro, and financial markets.
John Quiggin
"Commentary on Australian & world events from a social-democratic perspective”
It’s time again, once again, for the Monday Message Board. Post comments on any topic. As usual, civilised discussion and no coarse language.
In my post on EU-US convergence, I found that the US was similar to the leading eurozone countries in both productivity (output per hour worked) and employment-population ratio, so that the difference in income per person is mostly explained (in some cases more than explained) by differences ...
With the country still waiting for the final results of the Saturday vote, reporters in the capital, Canberra, got a dose Wednesday of the self-described “force from the north” and the other independent legislators who could hold the balance of power in Australia’s first deadlocked Parliament ...
The NYT ran yet another round in the long-running EU vs US series a week or so ago. Although it’s not covered explicitly in the NYT, there is actually some news to report here, in addition to rehearsal of the same old themes.
For quite some time, the ...
Over Fifty Australian Economists Agree Fiscal Stimulus Prevented A Major Recession
Nobel Laureate Professor Joseph Stiglitz has stated publicly that the Australian Fiscal Stimulus was a well designed package that saved the Australian economy from a major recession that has hit almost all the other OECD economies. He argued that the ...
As I was reminded in comments last time, snarking about libertarians is not a very productive substitute for writing well-argued posts about The Way Forward for Social Democracy, or writing my nearly-due examiners report for that PhD thesis, or revising my article on climate change on discounting, or ...
Henry’s post linking to Charlie Stross reminded me of one I was planning to do on the question – why has there never been a serious attempt at a real libertarian utopia? Most other utopian ideologies have inspired at least someone to attempt a practical implementation. ...
The question of Australia’s population is finally a matter of serious debate, after years of being settled by default and deceit[1]. As this surprisingly reasonable piece from Chris Berg of the IPA points out, even the Greens, who have generally ...
My column in today’s Fin (over the fold) is an expansion of my recent post on Abbott’s bogus claim that a $40 carbon tax would double the price of electricity
Column for Thursday 5 August 2010
It’s often said that a country gets the government, and the media, it deserves. Looking ...
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It’s hard to know what is ...