Economics Roundtable

NOTICE 9/30/177

The Economics Roundtable website has been up and running for a couple of days now. Further periods of testing will be necessary. The RSS feed is still not working. The left sidebar links are also probably not updating correctly.

The problems were caused by updates to the programming language php and to the Apache operating system. It is taking time to track down the problems this causes with my system. - Bill Parke

March 2017 Fed Funds Rate

What is the effect of a 0.25% change in the Fed Funds rate?.

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.

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May 2014 Payroll Employment

After 76 months, we finally got back to the prerecession level of payroll employment.

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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.


The Economics Roundtable is sponsored by EconModel.

The Classic Economic Models cover micro, macro, and financial markets.

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Beat the Press (Dean Baker)

"Dean Baker’s commentary on economic reporting”

September 28, 2017, 11:03 am, 1780419
AP Photo/Tsafrir Abayov

Israeli Prime Minister Benjamin Netanyahu speaks during a ceremony marking 50 years since Israel captured the West Bank and ...

September 28, 2017, 10:34 am, 1780407
AP Photo/Pablo Martinez Monsivais

Immigrant rights supporters gather at the U.S. Capitol

On September 5, Attorney General Jeff Sessions announced that ...

September 28, 2017, 5:03 am, 1780312
Bac Totrong/Daily News via AP

Kentucky Governor Matt Bevin speaks in Bowling Green

While congressional Republicans may have given up on their ...

September 27, 2017, 10:34 pm, 1780258
(AP Photo/Jeffrey T. Barnes, File)

Buffalo Bills players take a knee during the national anthem before their game against the Denver Broncos ...

September 27, 2017, 2:04 pm, 1780047
(Photo: AP/Evan Vucci)

President Donald Trump talks to reporters as he walks to board Marine One on the South Lawn of the ...

September 27, 2017, 12:04 pm, 1779991
(Kay Nietfeld/picture-alliance/dpa/AP Images)

Nigel Farage and Beatrix von Storch at a press conference in Berlin on September 8, 2017

In Germany, the ...

September 27, 2017, 5:03 am, 1779838
Public Domain

Benjamin Lay painted by William Williams in 1790

Marcus Rediker is the author of the new book, The Fearless Benjamin ...

September 27, 2017, 5:03 am, 1779837

This article appears in the Fall 2017 issue of The American Prospect magazine. Subscribe here

On the night of President Trump’s upset victory, one of my first forlorn thoughts was “There goes health care.” So far, I’ve been wrong about that. My ...

September 26, 2017, 5:03 am, 1779386
Ron Sachs/picture-alliance/dpa/AP Images

Oakland Raiders players, including offensive tackle Vadal Alexander, offensive tackle Marshall Newhouse, offensive guard Gabe Jackson, and Oakland Raiders ...

September 25, 2017, 11:03 pm, 1779333


(Cathy Glasson for Governor/Youtube)

Cathy Glasson, president of SEIU Local 199 and Democratic candidate for governor of Iowa, at a Labor Day ...