Economics Roundtable

Technical Problems 1/21/15

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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.


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Beat the Press (Dean Baker)

"Dean Baker’s commentary on economic reporting”

March 6, 2015, 5:23 pm, 1435105

This article was originally published by Facing South, the website published by the Institute for Southern Studies.

SELMA, Ala. -- This weekend, tens of thousands of people—including nearly one-fifth of the U.S. Congress and President Obama—are descending on Alabama ...

March 6, 2015, 11:23 am, 1434859


Architect of the Capitol

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


In 1932, on the eve of FDR’s presidency, Benito Mussolini proclaimed, ...

March 6, 2015, 11:23 am, 1434858


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It's been an entire 12 years since we started a ...

March 5, 2015, 1:23 pm, 1434204


(AP Photo/U.S. Army)

This solar array at White Sands, New Mexico, is the largest of the U.S. Army's solar photovoltaic systems. ...

March 4, 2015, 3:23 pm, 1433547


(AP Photo/Cliff Owen)

Stage hands prepare the stage for the 2015 American Israel Public Affairs Committee (AIPAC) Policy Conference in Washington, ...

March 4, 2015, 11:23 am, 1433387


(AP Photo/Evan Vucci, File)

In this June 11, 2013, photo, President Barack Obama speaks in the East Room of the White ...

March 3, 2015, 7:23 pm, 1432880


(AP Photo/Andrew Harnik)

Israeli Prime Minister Benjamin Netanyahu waves as he step to the podium prior to speaking before a ...

March 3, 2015, 11:23 am, 1432565

This article appears as part of a special report, "What the Free Market Can't Do," in the Winter 2015 issue of  The American Prospect magazine. Subscribe here.

One November morning in 2004, three U.S. military men boarded a small turboprop plane at Bagram ...

March 3, 2015, 9:23 am, 1432484


(AP Photo/The Canadian Press, John Woods)

Former U.S. Secretary of State Hillary Rodham Clinton speaks at a Winnipeg Chamber of Commerce ...

March 2, 2015, 1:23 am, 1431420
(Photo: Ron Sachs / CNP via AP Images)

Governor Scott Walker, Republican of Wisconsin, speaks at the Conservative Political Action ...