Economics Roundtable

Database Maintenance 7/4/15

Routine database maintenance will induce some duplicated items for the next day or two.

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.

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“Hosted by Russ Roberts”

July 30, 2015, 2:44 am, 1518328

If a nation sends all its children to school, can it count on greater economic growth? Does putting bottoms in seats generate human capital? This week, Russ welcomed back the Hoover Institution's Eric Hanushek.

What did you think of this week's episode? What did it make you think more about? ...

July 27, 2015, 6:44 am, 1516025

How important are basic skills for economic success and growth? Eric Hanushek of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the importance of basic education in math and literacy and their relationship to economic growth. Hanushek argues that excellence in educating ...

July 20, 2015, 6:44 am, 1511915

Wences Casares, bitcoin evangelist and founder and CEO of Xapo, talks with EconTalk host Russ Roberts about how bitcoin works, the genius of bitcoin's creator, and how Xapo is structured to create security for bitcoin banking.


July 15, 2015, 8:44 pm, 1509986

If the Magna Carta sowed the seeds of freedom and prosperity 800 years ago, what should we look forward to in the next 800 years? This week's episode, recorded before a live audience at the Hoover Institution, asks three EconTalk favorites to offer their thoughts.

And now it's ...

July 13, 2015, 6:44 am, 1507856

Lee Ohanian, Arnold Kling, and John Cochrane talk with EconTalk host Russ Roberts about the future of freedom, democracy, and prosperity. Recorded in front of a live audience at Stanford University's Hoover Institution as part of a conference on Magna Carta, ...

July 8, 2015, 6:44 pm, 1505913

Can economists save lives? It seems Nobel laureate Alvin Roth can...In this week's episode, Roth talks with EconTalk host Russ Roberts about matching markets and social support for markets. The conversation ranges over indirect kidney donations, (public) school choice, financial market trading, and more.

As always, we'd like to ...

July 6, 2015, 6:44 am, 1504047

Nobel Laureate Alvin Roth of Stanford University talks with EconTalk host Russ Roberts about his work on matching markets. Examples include marriage, matching kidney donors to kidney recipients, and students to schools in cities that allow choice in their public school systems. Roth also discusses ...

July 1, 2015, 4:44 pm, 1500191

Denier? Lukewarmer? Alarmist? Why so many pejorative descriptors for those engaging in conversation about climate change? This is among the questions explored in this week's EconTalk episode with with Matt Ridley.

Now we'd like to continue a civil conversation on this important issue. Please use the prompts below as ...

June 29, 2015, 6:44 am, 1498436

Science writer and author Matt Ridley discusses climate change with EconTalk host Russ Roberts. Based on his reading of the scientific evidence, Ridley describes himself as a "lukewarmer." While Ridley agrees that humans have made the climate warmer, he argues that the impact is small ...

June 25, 2015, 2:44 am, 1496672

Is it possible that what we though we knew about Africa's stagnant economy is wrong? Do we need a more stylized economic history? If so, this week's guest, Morten Jerven may be the one to provide it.

Let's hear what you took away from this week's conversation. Share your ...