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.

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.

RSS Feed

The Economists’ Voice

May 30, 2018, 6:41 am, 1862685

This issue of the The Economists’ Voice is showcasing views around the issues Occupy Wall Street has raised.

May 30, 2018, 6:41 am, 1862690

Tim Kane says that the patient suffers from economic symptoms but that the biological origins of the economic health problems are genetically based in the DNA of the U.S. Constitution. He suggests that fiscal policy be treated like monetary policy with a Super Committee like the Federal Reserve which ...

May 30, 2018, 6:41 am, 1862688

Tackling health care costs is critical – Dean Baker suggests we unleash the forces brought foreign trade in health care services and personnel. The benefits are obvious but the impediments are great.

May 30, 2018, 6:41 am, 1862689

We need a rule to control the growth in government, says Edward Lazear. “Inflation plus One” would eliminate the federal budget deficit in 8 years.

May 30, 2018, 6:41 am, 1862687

It’s the structure of the budget and not the size of the deficit says Joseph Stiglitz. He says the time is optimal for an out-of-the-box Keynesian solution and describes what that could be.

May 30, 2018, 6:41 am, 1862686

When faced with irreversible decisions with significant uncertainty about the environmental costs of accidents, such as the Keystone XL Pipeline or hydro-fracking for natural gas, policymakers should use an environmental bond to securitize self insurance.

May 30, 2018, 6:41 am, 1862674

With marijuana legalization currently on three state ballots this year, it is vital to consider optimal marijuana regulatory and tax structures. This paper lays out a framework for a regulated marijuana market, drawing on the lessons from the taxation and regulation of similar products.

May 30, 2018, 6:41 am, 1862673

We argue that coordinated mass dissemination of information about asset fundamentals should make asset markets less prone to bubbles. The key idea is to establish a centralized and popular information source to make key information common knowledge across as many market participants as possible. This realistic, micro-level anti-bubble policy faces ...

May 30, 2018, 6:41 am, 1862671

We compare findings from the recently concluded evaluation of IMF surveillance with our own findings from our evaluation of OECD surveillance. We find that both institutions approach surveillance in very different ways.

May 30, 2018, 6:41 am, 1862672

Rooted in 20th century legislation, telecommunications policy has historically been conducted in separate wired and wireless silos. The explosion of wireless voice, data and video communications, however, has largely overtaken wired communications, yet these silos persist. This article evaluates the economic foundation for unifying telecommunications policy.