Economics Roundtable

May 2014 Payroll Employment

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

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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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The Economics Roundtable is sponsored by EconModel.

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

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"Economics podcasts for daily life”

“Hosted by Russ Roberts”

October 7, 2015, 8:44 pm, 1554899

This week EconTalk host Russ Roberts spoke with Tim O'Reilly, and the conversation ranged over the history of the Internet and the sharing economy, the significance of open-source software, climate change, income inequality, and poetry.

What did you take from this week's whirlwind episode? Use our prompts below (or ...

October 5, 2015, 6:44 am, 1553135

Tim O'Reilly of O'Reilly Media talks with EconTalk host Russ Roberts about his career in technology and media and the challenges facing low-wage workers as technology advances. Topics include the early days of the Internet, the efficacy of regulation ...

October 1, 2015, 2:44 am, 1551598

If you've started playing a drinking game for every time EconTalk host RussRoberts has said the word "prairie" in recent episodes, this week's conversation with Pete Geddes of the American Prairie Reserve is sure to top your favorites list!

What are your thoughts on this attempt to re-create a ...

September 28, 2015, 6:44 am, 1549927

When Lewis and Clark crossed through Montana, they encountered an extraordinary cornucopia of wildlife. Most of that ecosystem and the animals that once thrived there are gone. But a non-profit wants to bring it all back. Pete Geddes, Managing Director ...

September 25, 2015, 10:44 am, 1549119

Journalist Kathryn Schulz, in Being Wrong: Adventures in the Margin of Error, describes how very uncomfortable, and indeed how very difficult it is for we humans to be wrong. (You can watch Schulz' TED talk on being wrong here.) Indeed, she argues, we revel in being right. Further, ...

September 23, 2015, 10:44 pm, 1548341

There's only one place in the world where individuals can be financially compensated for donating a kidney- Iran. This week, EconTalk host Russ Roberts chatted with New York Times writer Tina Rosenberg, as a follow-up to an earlier episode on matching markets with Nobel laureate Alvin Roth.

We'd like ...

September 21, 2015, 6:44 am, 1546767

There is only one country in the world where a person can sell a kidney to another citizen who buys it. That country is Iran. Tina Rosenberg of The New York Times talks with EconTalk host Russ Roberts about ...

September 16, 2015, 2:44 pm, 1544809

It turns out the odds in Vegas may beat those on Broadway, but this week's guest (and host!) find Broadway much more magical. Roberts takes a fascinating peek behind the stage door this week with Broadway manager Mitch Weiss.

Join us on this theatrical journey, and share your thoughts ...

September 14, 2015, 6:44 am, 1543324

Ever wonder what goes on behind the scenes at a Broadway show? This week's EconTalk lifts the curtain on the magical world of Broadway: Mitch Weiss, co-author of The Business of Broadway, talks with EconTalk host Russ Roberts about ...

September 10, 2015, 12:44 am, 1541667

What are you doing to make the world a better place? Co-founder of the Effective Altruism movement, Will MacAskill, joins Roberts this week to talk about Doing Good Better, "tooling up" to change the world, and earning to give.

We'd like to hear what you took away from ...