Economics Roundtable

January 2014 Payroll Employment

We are getting closer to the previous peak.

Click on the image to get a bigger version.


Jobs

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 .


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.


Remember M1?

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?


Click on the chart for a larger version.


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"News for Economics Students”


February 11, 2014, 4:44 pm, 1221280
“Buyers know what goods cost.” Some version of that assumption comes up in the very first weeks of just about every introductory econ course. It becomes one of the few assumptions that ...


February 11, 2014, 4:44 pm, 1221281
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February 11, 2014, 4:44 pm, 1221282
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February 11, 2014, 4:44 pm, 1221283
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February 11, 2014, 4:44 pm, 1221279
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February 11, 2014, 4:44 pm, 1221278
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February 11, 2014, 4:44 pm, 1221275
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February 11, 2014, 4:44 pm, 1221276
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February 11, 2014, 4:44 pm, 1221277
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February 11, 2014, 4:44 pm, 1221274
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