Economics Roundtable

Technical Problems 3/9/15

The website was down several hours today, 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.


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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EconTalk

"Economics podcasts for daily life”

“Hosted by Russ Roberts”


May 27, 2015, 12:44 pm, 1481236

What's the track record of multi-billion dollar projects affecting the lives of millions of people? Surprisingly poor according to this week's guest, Oxford University''s Bent Flyvbjerg this week on such megaprojects. Now we'd like to hear about what you took away from this week's episode. Share your thoughts with ...


May 25, 2015, 6:44 am, 1479922

Bent Flyvbjerg of Oxford University speaks with EconTalk host Russ Roberts about the political economy of megaprojects--massive investments of a billion dollars or more in infrastructure or technology. Flyvbjerg argues that such projects consistently end up costing more with smaller benefits than projected and almost ...


May 20, 2015, 4:44 pm, 1477861

Did an 800 year old piece of parchment really change the world? That was the central question of this week's episode with Nicholas Vincent.

Now we want to turn the conversation over to you. Use the thought prompts below to carry on the conversation in the Comments. (And we ...


May 18, 2015, 6:44 am, 1476120

Did an 800-year old piece of parchment really change the world? Nicholas Vincent of the University of East Anglia talks with EconTalk host Russ Roberts about the Magna Carta, the founding document of English law and liberty. The Magna Carta was repudiated just ten weeks after King ...


May 13, 2015, 4:44 pm, 1473935

There's a healthcare revolution underway, and while your smartphone may be center-stage in this drama, there's more to the story than apps. Eric Topol of the Scripps Translational Science Institute joins EconTalk host Russ Roberts for this week's conversation.

Now we'd like to hear from you. Please respond to any ...


May 11, 2015, 6:44 am, 1471835

We're in the middle of a healthcare revolution but it's about more than marvelous life-saving and life-enhancing apps on our smartphone. Eric Topol of the Scripps Translational Science Institute and author of The Patient Will See You Now argues that the digital revolution will give us more control ...


May 6, 2015, 12:44 pm, 1468776

This week, EconTalk host Russ Roberts interviewed Michael O'Hare on the somewhat mysterious world of art museums and the way their visitors experience art there.

As always, we'd like to hear what you took from this week's conversation, and to continue our own conversation here.


May 4, 2015, 6:44 am, 1466937

Michael O'Hare of the University of California, Berkeley talks with EconTalk host Russ Roberts about the management of art museums. O'Hare suggests a number of changes that would allow museums to be more effective and to justify their non-profit status--lower admission prices, selling part of ...


April 29, 2015, 12:44 pm, 1464036

This week EconTalk host Russ Roberts spoke with Leonard Wong, research professor at the U.S. Army War College, about the honesty and ethics among officers complying with various reporting and training requirements.

We want to hear your thoughts on the tension between regulatory requirements and honesty, in the military and ...


April 27, 2015, 6:44 am, 1462219

Leonard Wong of the Strategic Studies Institute at the U.S. Army War College talks with EconTalk host Russ Roberts about honesty in the military. Based on a recent co-authored paper, Wong argues that the paperwork and training burden on U.S. military officers requires dishonesty--it is ...