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.


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.


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April 10, 2015, 8:44 am, 1453287

IN THIS week's issue, there a few big economics stories. One looks at whether America's recent economic blip is worth worrying about. There is plenty of coverage of the economics of Britain's election on May 7th. One of our leaders look at whether getting rid of tax exemptions for ...

April 8, 2015, 8:44 am, 1452110

THE United Nations General Assembly will agree on Sustainable Development Goals (SDGs), the successor arrangement to the Millennium Development Goals (MDGs), in September. An initial draft of these goals has generated heated public discussion. Even The Economist has entered the fray, devoting three articles to the SDGs ...

April 7, 2015, 6:44 pm, 1451956

THE euro zone perks up thanks to cheaper oil and the falling euro, while America's hiring machine wheezes

April 7, 2015, 4:44 pm, 1451878

TWO years ago, in a very interesting paper, Peter Temin bemoaned the decline of economic history as a research topic at universities. He took the example of what happened at the Massachuettes Institute of Technology (MIT) to prove his point. ...

April 3, 2015, 8:44 pm, 1450444

THIS week's print edition has an array of economics articles that may be of interest. The following have particularly caught our eye:

Land-shackled economies:†The paradox of soil†(Briefing)

Greece and its creditors:†Starting to list†(Finance)

And don't forget to take a look at ...

April 3, 2015, 12:44 pm, 1450333

BEN BERNANKE, until last year the chairman of America's Federal Reserve, has begun blogging. Not just a little bit, either. Mr Bernanke has in the space of a few posts embroiled himself in a weighty online debate with some of the titans ...

April 1, 2015, 8:44 pm, 1449414

IN THIS week's print edition, we take look at land and its importance as a factor of production. In particular, we argue that poor land use in the world's biggest cities carries a huge cost. Many economists have argued for ...

March 31, 2015, 2:44 pm, 1448478

THIS week our correspondents discuss the general election campaign in Britain, the latest news from Greece and the slowdown in America’s economy

March 27, 2015, 4:44 pm, 1446650

HOW resilient are emerging-market economies? Many are struggling, thanks to the economic impact of a strong dollar. But what would happen if things suddenly got a lot tougher? A new paper, from Liliana Rojas-Suarez of the Centre for Global ...

March 27, 2015, 4:44 am, 1446228

THIS week's print edition has an array of economics articles that may be of interest. The following have particularly caught our eye:

South Korea's economy:†A tiger in winter†(Finance)

Milk and economic development:†No use crying†(Finance)

Inequality and housing:†Through the roof†(Finance)

And ...