Economics Roundtable

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.

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

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"Political Insight and Analysis From The Wall Street Journal’s Capital Bureau”

October 13, 2015, 4:44 pm, 1557571
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The dark mood of the electorate swirls through the latest Wall Street Journal/NBC News poll. But there are a few rays of optimism cutting through the gloom.

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September 25, 2015, 10:44 am, 1549123
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September 18, 2015, 12:44 pm, 1546039
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September 18, 2015, 10:44 am, 1545974
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September 16, 2015, 4:44 pm, 1544897
Why the talk of a government shutdown? This time the issue is abortion, as conservative Republicans are vowing to strip funding for Planned Parenthood. Here are some basics.