Economics Roundtable

NOTICE 4/30/18

The Economics Roundtable is back. The technical problem that has limited the set of blogs has been resolved. The RSS feed is, however, still not working.

Flushing caches will likely cause some old posts to show up for a day or two.

Employment as a Percentage of Population

The graph below shows employment as a fraction of population for people over 16 years old.

Click on the image to get a bigger version.

March 2017 Payroll Employment

Payroll employment has not grown impressively since 2000. Some baby-boomers retired, but that does not totally account for this graph.

Click on the image to get a bigger version.

May 2014 Payroll Employment

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

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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.

RSS Feed

Dani Rodrik’s weblog

"Unconventional thoughts on economic development and globalization”

October 15, 2018, 9:45 pm, 1907815

The debate on the economics profession – its alleged ills and failings -- abates at times, but never ends. A recent piece in The Guardian taking the profession to task for its lack of reform has prompted a response from a group of economists. I thought ...

October 15, 2018, 9:45 pm, 1907817

That is what John Judis wanted to talk to me about, and we did. This over at TPM is what came out.

By the way, Judis' book on populism is great. It makes an important distinction between right-wing and left-wing populism, a distinction that I have ...

October 15, 2018, 9:45 pm, 1907818

Claire Berlinski’s excellent account of the Western (and domestic) observers who cheered on as Turkey was sliding into authoritarianism reminds me of a point I long wanted to make.

There was in Erdogan’s early years some reason to be confused as to what was going on. Was ...

October 15, 2018, 9:45 pm, 1907816

Here is the back story for my new piece “Rescuing Economics from Neoliberalism,” just out in the Boston Review.

I have never been a fan of the term “neoliberal.” It has never been quite clear what it means. Nor is it obvious who today’s neoliberals are. Thatcher, ...

October 15, 2018, 9:45 pm, 1907813

A long standing debate in the social sciences is whether behavior is driven by “interests” or “ideas.” The debate is central in political science, where it plays out as an argument between realists and constructivists. It is less well articulated in economics, ...

October 15, 2018, 9:45 pm, 1907814

In case you read some weird tweets on my @rodrikdani account.... it seems to have been taken over or hacked (as of around 3:30 pm today). The password has been changed and I cannot access it.

UPDATE: I have regained ownership of my account. The attack ...

October 15, 2018, 9:45 pm, 1907812

The answer is yes, according to Ilene Grabel in her fascinating new book When Things Don't Fall Apart. I wrote a preface for the book, which is reproduced below. It explains why I liked the book so much.

It happens only rarely and is all the more ...

October 15, 2018, 9:45 pm, 1907809

It is with dismay that I learned recently that Princeton's Atif Mian, one of the greatest scholars on finance and macroeconomics I know, was disinvited from Pakistan's Economic Advisory Council because of his religious beliefs. See here and here for more background.

Timur Kuran ...

October 15, 2018, 9:45 pm, 1907810

A few years ago as I was finishing up my book Economics Rules: The Rights and Wrongs of the Dismal Science (Norton 2015), I realized that the manuscript contained a serious omission. I had written at length about how and why economists misuse the powerful tools ...

October 15, 2018, 9:45 pm, 1907811

My recent post on ideas versus interests elicited some comments from Peter Hall, my Harvard colleague who has done probably more thinking on this issue than any other scholar I know. With his permission, I am attaching these comments below, along with the brief subsequent exchange we ...