Economics Roundtable

January 2014 Payroll Employment

We are getting closer to the previous peak.

Click on the image to get a bigger version.


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 .


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.


EconModel

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


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EconTalk

"Economics podcasts for daily life”

“Hosted by Russ Roberts”


April 21, 2014, 6:45 am, 1258133

Megan McArdle of Bloomberg View and author of The Up Side of Down talks with EconTalk host Russ Roberts about her book. McArdle argues that failure is a crucial part of success in personal life and in the large economy. Topics covered include the psychology ...


April 16, 2014, 12:44 pm, 1256427

In this week's episode, Roberts talks with political scientist Steven Teles about his recent National Affairs piece, Kludeocracy in America.

In the spirit of continuing our conversation, we'd love to hear from you on the questions below.

Questions below the fold:

Check Your Knowledge:

1. What is "kludge," and why does ...


April 14, 2014, 6:44 am, 1255041

Steven Teles of Johns Hopkins University talks with EconTalk host Russ Roberts about kludgeocracy, a term Teles coined in a National Affairs article to describe what Teles sees as the complex and unproductive state of political governance in the United States, particularly at the federal level. Teles ...


April 10, 2014, 4:44 pm, 1253883

Here is my postmortem on the Caplan episode

Bryan is a great debater and reasoner. Is he right on this issue? I don't know but he's provocative. I'd like to talk to someone on the other side who interprets the data differently. It's a topic I hope to come ...


April 9, 2014, 12:44 pm, 1253024

In this week's episode, Roberts talks with EconLog blogger Bryan Caplan about higher education. In the spirit of continuing conversation, here are some things to consider. As always, we love to hear from you!

Questions below the fold:

Check Your Knowledge:

1. What is the earning premium to college ...


April 7, 2014, 6:44 am, 1251680

Bryan Caplan of George Mason University and blogger at EconLog talks to EconTalk host Russ Roberts about the value of a college education. Caplan argues that the extra amount that college graduates earn relative to high school graduates is misleading as a guide for attending ...


April 4, 2014, 12:44 am, 1250660

Here's my postmortem on the Cochrane episode.

Great teaching is more than passing on information. For that you can read a book or watch a video. A great teacher provokes and takes you on a journey of understanding. That requires grappling with the material and making it your own. ...


April 1, 2014, 2:44 pm, 1249284

In this week's episode, Roberts talks with the University of Chicago's John Cochrane about his experience teaching a massive open online course, or MOOC.

Let's continue the conversation...Share your responses and/or share them with others. We love to hear from you!

Questions are below the fold:

Check Your Knowledge:

1. Cochrane describes ...


March 31, 2014, 6:44 am, 1248328

John Cochrane of the University of Chicago talks to EconTalk host Russ Roberts about the experience of teaching a massive open online course (MOOC)--a class delivered over the internet available to anyone around the world. Cochrane contrasts the mechanics of preparing the class, his perception ...


March 27, 2014, 4:44 pm, 1247153

Here's my postmortem on the Christy/Emanuel episode.

For a regular EconTalk episode, I prepare a list of questions for the guest that I hope and expect will take about an hour to answer. But I don't just go through the questions. We get into side issues, I ask for clarification, ...