Economics Roundtable

May 2014 Payroll Employment

After 76 months, we finally got back to the prerecession level of payroll employment.

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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 .


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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?


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EconModel

The Economics Roundtable is sponsored by EconModel.

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 27, 2016, 2:44 pm, 1630463

Tough talk on taxes and spending in this week's episode, as Russ sat down with Harvard's Alberto Alesina to talk about the promise and perils of austerity. Which is better to shore up a nation's fiscal situation- tax increases or spending cuts? How long are government deficits ...


April 25, 2016, 6:44 am, 1629571

Alberto Alesina of Harvard University talks with EconTalk host Russ Roberts about his research on fiscal policy and austerity. Alesina's research shows that spending cuts to reduce budget deficits are less harmful than tax increases. Alesina discusses the intuition ...


April 19, 2016, 4:44 pm, 1628063

This week, EconTalk host Russ Roberts sat down with golfing buddy and former editor-in-chief of ESPN Magazine Gary Belsky. Their conversation ranged over many sports, with discussion of American football, Indian field hockey, British tennis, and the mystique of the Stanley Cup. And Belsky's newest book...On the Origins ...


April 18, 2016, 6:44 am, 1627491

Gary Belsky, co-author of On the Origins of Sports and former editor-in-chief of ESPN the Magazine, talks with EconTalk host Russ Roberts about the origins of sports--how various sports evolved and emerged into their current incarnations. Along the way ...


April 13, 2016, 4:44 pm, 1626435

This week, EconTalk host Russ Roberts sat down with Cornell's Robert Frank to discuss his new book, Success and Luck: Good Fortune and the Myth of Meritocracy. As in past episodes with Frank as a guest, it was a spirited conversation, with several good-natured points of disagreement.

So ...


April 11, 2016, 6:44 am, 1625436

Is your success in life your own doing? Robert Frank of Cornell University talks with EconTalk host Russ Roberts about his latest book, Success and Luck. Frank argues that we underestimate the role that luck plays in ...


April 6, 2016, 6:44 pm, 1624512

In this week's episode, EconTalk host Russ Roberts chats with physicist and transhumanism skeptic Richard Jones about nanotechnology, life extension, and the perils and promise of technology. Are you a techno-optimist? Would you cryogenically freeze yourself in hopes that you'd be revived in the future? Do we spend ...


April 4, 2016, 6:44 am, 1623495

Will our brains ever be uploaded into a computer? Will we live forever? Richard Jones, physicist at the University of Sheffield and author of Against Transhumanism, talks with EconTalk host Russ Roberts about transhumanism--the effort to radically transform human ...


March 29, 2016, 6:44 pm, 1622049

Should we fear the influence of technology on our food supply? If not, can we still celebrate the role of technology while still eating unpalatable test-tube burgers? In this week's episode, EconTalk host Russ Roberts chats with agricultural economist Jayson Lusk about his newest book, Unnaturally Delicious: How ...


March 28, 2016, 6:44 am, 1621480

How bad is pink slime? Are free-range chickens happier? Can robots cook? Jayson Lusk of Oklahoma State University and the author of Unnaturally Delicious talks with EconTalk host Russ Roberts about these questions and more from his new book. ...