Economics Roundtable

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.


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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November 27, 2015, 11:23 am, 1582776

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Voting precinct booths are empty early Tuesday, May 17, 2011, in Danville, Kentucky. 

This is an ...

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Protesters on opposing sides of the refugee issue rally in front of the state capitol in Olympia, ...

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This article appears in the Fall 2015 issue of The American Prospect magazine. Subscribe here.

A common piece of advice for new hires is to avoid talking about politics, ...

November 23, 2015, 9:23 am, 1580667

Presidential candidates from both parties are tossing around ideas about how to help everyday working Americans.

But something’s missing. Strongmen on the right are speaking almost exclusively to white, working-class voters, stoking populist resentment toward people of color—both immigrants and African Americans. ...

November 20, 2015, 5:23 pm, 1579964

We received the following letter from Ron Beit of the RBH Group responding to this article. The Prospect's repeated efforts over several weeks to reach Mr. Beit while this article was being reported and written went unanswered.

—Harold Meyerson

To the Editor:

Rachel Cohen’s ...