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

Sybil’s Star (Katy Delay)

"Proving that economics and sense of humor are not mutually exclusive”

July 14, 2018, 8:42 am, 1875964
The Federal Reserve has just published a report stating that it will continue to use new policy tools to control interest rates.

As stated in the Wall Street Journal, "The Federal Reserve defended having the flexibility to set interest ...

April 30, 2018, 8:10 pm, 1849845
In last weekend's Wall Street Journal I read yet another ridiculous statement by a member of that elite group called Central Bankers. They make me chuckle every time they open their mouth.

How many times do we have to hear that Madame Yellen or Monsieur Draghi has everything ...

April 30, 2018, 8:10 pm, 1849846
My previous post mentions tea leaves as a way for the Fed to determine policy. I bet you thought I was kidding. Well, watch this video to see what Fed-watchers are watching. And just in case you're wondering, it's not a comedy sketch.

April 30, 2018, 8:10 pm, 1849847
I looked at the first page of the Wall Street Journal today, there to find an article about our favorite gurus, the Federal Reserve Board. Most market players are predicting that the Federal Reserve Board will do nothing this year about interest rates.

The article contains a really ...

April 30, 2018, 8:10 pm, 1849844
Thanks to

No one can deny that current markets are scary, so I have opined in an article at Seeking ...

April 30, 2018, 8:10 pm, 1849842
Edward C. Harwood predicted that some day the world would see a currency based on metric units of gold. He didn't know what form it would take, but he felt certain that it would happen. (Read about his Institute here.)

Now please read this piece of ...

April 30, 2018, 8:10 pm, 1849839
Now that the holidays have past, perhaps we can take a moment to think quietly about the changes in our culture. Permit me to ask you two questions:

Do you detest people who voted differently from yourself?

Do you avoid entering into discussions about politics when you are ...

April 30, 2018, 8:10 pm, 1849840
Exactly where does Bitcoin fit into the monetary scheme of things? Here are some questions and answers.


April 30, 2018, 8:10 pm, 1849841
Trump probably stayed up until 1:50 a.m. last night (this morning) to hear that the Senate passed the tax reform bill, 51 to 49. For a businessman, the government workings must be trying, to say the least. Here's my imagination's thinking about the moment.

April 30, 2018, 8:10 pm, 1849843
Richard Duncan is an interesting fellow. His eyesight seems 20/20 when it comes to analyzing how we got where we are today. Yet his solution is unthinkable to me.

If you are curious, please listen to this hour-long interview. It will get you thinking and you will learn a ...