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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WSJ:  Washington Wire

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

November 18, 2015, 10:44 pm, 1578715
The conservative Club for Growth is casting doubt on another Republican presidential contender with less experience in elected office than many of her rivals. The target this time: Carly Fiorina, whom it criticized as "a mixed bag for economic conservatives."

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November 8, 2015, 4:44 pm, 1572683
David Wessel: The economic road ahead is steep, curvy, and muddy, cautions Dartmouth economist Andy Levin.

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A report from centrist think tank Third Way spotlights a divide over economic policy on the left in both substance and style.

October 29, 2015, 12:44 pm, 1566259
Here's a look at five of the more revealing exchanges in Wednesday’s Republican presidential debate.

October 26, 2015, 4:44 pm, 1564098
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October 21, 2015, 8:44 am, 1561302
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October 16, 2015, 8:44 am, 1559185
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October 9, 2015, 8:44 am, 1555736
Congress is considering legislation to lift the ban on exporting American oil. Such sales of U.S. crude to overseas buyers have been largely prohibited since the energy crisis of the 1970s. Here’s what you need to know.