The Problem - II
Calculated Risk adds the the clearest picture of
the housing tailspin.
Click on the chart for a larger version.
The Problem - I
Calculated Risk has the clearest picture of
the problem we face.
Click on the chart for a larger version.
Special Topic 8/4/10
This week, the Roundtable will feature a special listing for reaction to the
payroll employment figures
from ADP on Wednesday and the BLS on Friday.
ADP: +42,000
BLS:  -131,000/+71,000
Click on the chart for a larger version.
Special Topics 6/28/10
This week, the Roundtable will feature special listings for reaction to Wednesday's
CBO budget projections and the
payroll employment figures
from ADP on Wednesday and the BLS on Friday.
ADP: +13,000
BLS:  -125,000/+83,000
CBO: Take your pick.
Click on the chart for a larger version.
Current Economic Conditions 6/5/10
James Hamilton summarizes the situation.
EconModel
The Economics Roundtable is sponsored by EconModel.
The Classic Economic Models cover micro, macro, and financial markets.
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MV = PQ (Tim Schilling)
"Ideas and discussions about economic and financial literacy issues. This blog is an outreach service of The Powell Center for Economic Literacy.”
September 7, 2010, 11:26 am, 761065
Don Boudreaux at Cafe Hayek had
a very useful post a couple days ago. It was a letter he sent to The Washington Post regarding
a recent article. The article itself is interesting and useful. If you want to help your students understand exports and be able to ...
September 7, 2010, 11:26 am, 761064
September 2, 2010, 9:26 am, 759039
I know I come at this topic from a position of bias, but I think Dr. Bruce Caldwell of Duke University makes some excellent points in
this article (HT
Division of Labour).
Over the years, I've said many of these things to people who ask why ...
August 31, 2010, 7:26 am, 757592
For those of you who don't start school until after Labor Day....
For those of us who have already started, just rewind a week or two.
August 30, 2010, 5:26 pm, 757383
I just received
a very interesting issue of the FRBSF Economic Letter. The topic is The Effect of Immigrants on U.S. Employment and Productivity. I will state up front, it does nothing to provide a sound economic argument for those looking to restrict immigraion on the grounds of protecting American ...
August 30, 2010, 9:26 am, 757044
For any one teaching macro,
Mark Perry's analysis of the most recent GDP report, while optimistic, still offers some insights into why it's important to dig into the numbers and not just focus on the total.One could even make the case that stronger imports, while a negative on the ...
August 29, 2010, 3:26 pm, 756744
When the most recent downturn was a few month old, and it was not going to be followed by a quick rebound, interest in the theories of John Maynard Keynes and the role of stimulus started to rise.
But as the recovery has drawn out, and some would ...
August 27, 2010, 1:26 pm, 756189
I know many of you won't "officially" get to this issue until second semester when you address macro, but others will get to it sooner. Some might be teaching macro first, others may be teaching a survey course and get a chance to address unemployment as part of the survey. ...
August 27, 2010, 7:26 am, 755939
Just two weeks ago, I noted this blog's 1,000th post. Sometime last night it rolled over its 100,000th visitor (at least since I instituted the counter in November 2007).
I want to thank all of you who visit - especially the regular and frequent visitors for helping to hit ...
August 26, 2010, 11:26 am, 755479
Today's edition of
The Wall Street Journal has an article (free content at this writing) that just begs to be used in economics class. It's about airline ticket prices. And it includes a very good video.
Airline ticket pricing has long been a mystery. Two people sitting in ...