Economics Roundtable

May 2014 Payroll Employment

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

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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 .


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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?


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EconModel

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 23, 2014, 11:23 am, 1339842

Why on earth did the Scots, largely quiescent as part of Great Britain for three centuries, suddenly become the mouse that roared?


September 23, 2014, 11:23 am, 1339843

 

All* Above All

I turned thirty-eight this year. This month the Hyde Amendment will also be thirty-eight, and since its passage, we have seen a growing ...


September 22, 2014, 3:23 pm, 1339341

The Pew Research Center's Religion and Public Life Project has a new survey out about the role of religion in politics (among other things), and the headline is that there has been something of an increase in the desire for ...


September 22, 2014, 9:23 am, 1339095

Yesterday, The New York Times published a mind-boggling investigation into a way some physicians have found to hit patients with absolutely mind-boggling bills for not just routine procedures, but the involvement of doctors in their care that they neither asked ...


September 22, 2014, 3:23 am, 1338911

 

(AP Photo/The Monitor, Gabe Hernandez)

In Pennsylvania’s gubernatorial race, education has emerged as one of the most heated issues. A Quinnipiac University poll released this month ...


September 19, 2014, 7:23 pm, 1338290

Not one but two major candidates got in trouble this week for having "plans" on their websites that turned out to be cut and pasted from other sources. So how much of a sin is this? Should it affect anyone's vote? ...


September 19, 2014, 5:23 pm, 1338233

I turned thirty-eight this year. This month the Hyde Amendment will also be thirty-eight.

Since the passage of the Hyde Amendment in September of 1976, we have seen a growing number of abortion restrictions proposed, and enacted across the country.

The Hyde Amendment restricts ...


September 19, 2014, 3:23 pm, 1338151

Not one but two major candidates got in trouble this week for having "plans" on their web sites that turned out to be cut and pasted from other sources. So how much of a sin is this? Should it affect anyone's ...


September 19, 2014, 11:23 am, 1337990

 

Architect of the Capitol   This article originally appeared on the website of Demos.  

One of the oldest attack lines in politics is ...


September 19, 2014, 11:23 am, 1337989

Yesterday, the Virginia legislature passed a budget that once again rejected Governor Terry McAuliffe's call to expand Medicaid under the Affordable Care Act, which would have given health insurance to 400,000 Virginians who are currently uninsured. We don't have ...