Technical Problems 1/21/15
The website was down for a day and a half, but is back up now.
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 .
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.
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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Beat the Press (Dean Baker)
"Dean Baker’s commentary on economic reporting”
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 ...
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, ...
(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. ...
(AP Photo/Cliff Owen)
Stage hands prepare the stage for the 2015 American Israel Public Affairs Committee (AIPAC) Policy Conference in Washington, ...
(AP Photo/Evan Vucci, File)
In this June 11, 2013, photo, President Barack Obama speaks in the East Room of the White ...
(AP Photo/Andrew Harnik)
Israeli Prime Minister Benjamin Netanyahu waves as he step to the podium prior to speaking before a ...
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 ...
(AP Photo/The Canadian Press, John Woods)
Former U.S. Secretary of State Hillary Rodham Clinton speaks at a Winnipeg Chamber of Commerce ...
Governor Scott Walker, Republican of Wisconsin, speaks at the Conservative Political Action ...