Economics Roundtable

NOTICE 4/30/18

The Economics Roundtable is back. The technical problem that has limited the set of blogs has been resolved. The RSS feed is, however, still not working.

Flushing caches will likely cause some old posts to show up for a day or two.


Employment as a Percentage of Population

The graph below shows employment as a fraction of population for people over 16 years old.


Click on the image to get a bigger version.


March 2017 Payroll Employment

Payroll employment has not grown impressively since 2000. Some baby-boomers retired, but that does not totally account for this graph.

Click on the image to get a bigger version.


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.


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.


RSS Feed

Environmental and Urban Economics


September 18, 2018, 11:45 pm, 1900705
This piece in The Chronicle is worth reading.  The physicist argues that academics have weak incentives to interact with the public.  Academics respond to these incentives by writing esoteric pieces that few can read and understand.   This piece raises the issue of how should academics interact with the public?  ...


September 16, 2018, 7:25 pm, 1899821
The New Yorker magazine has a very interesting new profile of Mark Z of Facebook.     This piece reminds me of my interest in the issue that Linkedin has been able to avoid all of the recent controversy that Facebook faces.  There are "firewalls" between these firms. Linkedin focuses on ...


September 15, 2018, 4:37 pm, 1899726
In West Los Angeles, young people zoom around on "the Bird". This electric scooter travels at about 10 to 15 miles per hour and is a substitute for walking, the bus or UberX.  As I understand it, Bird riders are supposed to ride while wearing a helmet but ...


September 2, 2018, 2:06 pm, 1895820
Since August 2017, I have been working hard as the Chairman of USC Economics.  While certain anonymous websites like to beat up on USC,  the department is hiring a new cohort of really good young faculty and we are now ranked #18 on REPEC.   Perhaps to celebrate this progress, ...


August 17, 2018, 11:25 pm, 1891259
I'm not sure why I signed up for this but I am giving away free lottery tickets to win copies
of my Amazon Book; Fundamentals of Environmental and Urban Economics. 


August 17, 2018, 11:25 pm, 1891258
I'm not sure why I signed up for this but I am giving away free lottery tickets to win copies
of my Amazon Book; Fundamentals of Environmental and Urban Economics. 


July 30, 2018, 11:46 am, 1881838
Why has Facebook's stock price fallen sharply?  As I understand it,  Facebook is now offering its users the right to "opt out" and not share their data.  You do not have to be as sharp as Professor James Heckman to anticipate that this will cause a selection bias ...


July 29, 2018, 11:05 am, 1881502
Here are some suggested readings for those who want to learn about climate change economics. I name 3 books and one free article of mine.

Here is Nordhaus' book on greenhouse gas mitigation 


July 19, 2018, 10:07 am, 1877431
Labor economists are investigating the role of market power in labor markets as a rising source of income inequality.  Here is a piece from the Washington Post and here is the Krueger and Posner Hamilton Project White Paper.

The intuition here is the following;  there are many ...


July 18, 2018, 12:36 pm, 1877068
The economist's model of supply and demand is pretty straightforward but in this brief post I would like to highlight a few twists that urban economics offers.  These twists make urban economics a really interesting (and challenging) field.   Economists are a type of detective. We observe market prices and ...