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

Adam Smith Lives!

"A History of Economic Thought Blog”

April 30, 2018, 8:04 pm, 1847881

3 conference announcements of interest to historians of economics have come in recently:

1  )from Steve Medema) The 40th annual UK History of Economic Thought
Conference will be held at the University of Edinburgh, Scotland, over 3-5 September,
2008. The conference will retain its traditional ...

April 30, 2018, 8:04 pm, 1847882

Here's a taste of what David will talk about at the Robbins conference in London.  We've obtained a number of Rawls' copies of books by economists, including Rawls' copy of The Nature and Significance.  So we can see what struck Rawls as he read Robbins. Here, you can see ...

April 30, 2018, 8:04 pm, 1847883

The Robbins conference website is now set to go!

April 30, 2018, 8:04 pm, 1847884

Readers know that I studied with Sam Hollander.  Perhaps because of this, I have long felt that Sam's teacher, Lionel Robbins, deserves more recognition than he has been given by the profession.  So I am very pleased that N&S is now 75 years old; we can ...

April 30, 2018, 8:04 pm, 1847880

The annual /History of Political Economy/ Conference -- this year on the topic "Robert Solow and the Development of Growth Economics" -- will be held 25-27 April 2008 at Duke University.  Further information, including the tentative program, can be found on the Duke History of Economy Group website ...

April 30, 2018, 8:04 pm, 1847879

On my on again off again issue -- I plead the increased expectations related to being a dean of a School!  I do intend to return to this blog site systematically again.  I'm teaching Competition, Cooperation and Choice this ...

April 30, 2018, 8:04 pm, 1847876

For Smith, impartiality is the means by which we come to know and do what's right. Since we all wish to be praiseworthy, we'll at least try for impartiality and so come to do what deserves praise. Here's a key passage on this

The man who is conscious to himself that ...

April 30, 2018, 8:04 pm, 1847877

Reading for my class today, TMS part 1. 

The chapter on ambition begins with the lovely passage:

It is because mankind are disposed to sympathize with more entirely with our joy than with our sorrow, that we make parade of our riches, and conceal our poverty.  Nothing is so mortifying as ...

April 30, 2018, 8:04 pm, 1847878
The 2009 FEE Prizes in Austrian Economics

The Society for the Development of Austrian
Economics is pleased to announce that nominations
are now open for the 2009 Foundation for Economic
Education Prizes for the best book and the best
article recently ...

April 30, 2018, 8:04 pm, 1847875


Is there a future for the robust sort of capitalism favoured by Adam Smith or have we reached a limit to Anglo-American capitalism as the engine of human betterment?  Over the last few decades scholars from many points of view have found the basis for a uniquely ...