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’ Forum


April 30, 2018, 8:06 pm, 1848648

Heleen Mees

Last week both the ECB’s governing council and the Fed’s rate setting committee FOMC convened. Since the problems in the eurozone ...


April 30, 2018, 8:06 pm, 1848649

Thomas Palley

The Federal Reserve has now openly adopted a two percent inflation target, with both Chairman Bernanke and the Federal Open Market Committee publicly committing to holding inflation at that level. Though not a problem today, this two per cent target represents a policy trap that will undercut the possibility ...


April 30, 2018, 8:06 pm, 1848650

David Collins

Last year’s Occupy movement has influenced public opinion of the World Trade Organisation (WTO) for the worse, but as Russia’s imminent accession shows, the WTO remains a firm force for global economic good.

Russia’s accession in August represents a remarkable achievement in the country’s economic development and a significant opportunity ...


April 30, 2018, 8:06 pm, 1848647

By A. Edward Gottesman

It’s only money, for heaven’s sake! The euro is a great convenience for trade and travel, and it is a powerful symbol of unified purpose for countries that have been at each other’s throats for 1000 ...


April 30, 2018, 8:06 pm, 1848646

By Kevin P. Gallagher

Ben Bernanke, chairman of the US Federal Reserve, should be applauded for boldly putting employment over price stability in his latest move to keep interest rates low and to purchase mortgage-backed securities. Bernanke’s critics (and Bernanke himself) have rightly said ...


April 30, 2018, 8:06 pm, 1848643

The collpse of Lehman was similiar to a stroke causing neuronal hubs to die. Getty Images

By James Park

With the start of QE3 and indefinite bond buying by the ...


April 30, 2018, 8:06 pm, 1848642

Latest US spending programme could tip country into a recession. Getty Images

By John H. Makin and Daniel Hanson

An abrupt spending sequester at a rate of about $110bn per ...


April 30, 2018, 8:06 pm, 1848644

By Heleen Mees

There is a fierce debate over the origins of the disappointing economic growth seen in advanced economies. On one side there is former world chess champion and political activist Garry Kasparov and internet entrepreneur Peter Thiel, while on the other, there is Kenneth Rogoff, a Harvard economist.

Mr ...


April 30, 2018, 8:06 pm, 1848645

By Eswar Prasad and Karim Foda

The global economic recovery is on the ropes, battered by political conflicts within and across countries, lack of decisive policy actions, and governments’ inability to tackle deep-seated problems such as unsustainable public finances that are stifling growth. Growth in global trade has weakened and the ...


April 30, 2018, 8:06 pm, 1848631

By Eswar Prasad and Karim Foda

The global economic recovery remains stuck below takeoff speed, unable to achieve liftoff and facing the risk of stalling. Half-hearted fiscal austerity measures are proving to be a drag on growth and doing little to rebuild investor and consumer confidence.

Monetary policy continues ...