Economics Roundtable

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.


The Economics Roundtable is sponsored by EconModel.

The Classic Economic Models cover micro, macro, and financial markets.

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"money + web + life”

September 19, 2016, 12:34 am, 1675794

If 2007 was the year of social media, then 2008 was the year of niche social media. If you’re a plugged-in money geek, you’ve likely outgrown your reliance on catch-all social media sites like Digg and Delicious. And if you’re a blogger, no longer is submitting your blog posts only ...

September 19, 2016, 12:34 am, 1675795

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September 19, 2016, 12:34 am, 1675796

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September 19, 2016, 12:34 am, 1675797

The theories and principles behind economics are difficult for many to understand. However, many of the following blogs take this difficulty into consideration as they try to reach out to a broad audience in many cases. The list contains some of the most popular international perspectives, academic blogs and a ...

September 19, 2016, 12:34 am, 1675793

We hear about millionaires — and billionaires — quite frequently. But less often do we hear about pet millionaires. They do, however, exist. Since 1923, when the first reported case of a pet inheritance was affirmed in Willett vs. Willett, pets have been receiving money. Sometimes quite a lot of ...

September 19, 2016, 12:34 am, 1675792

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September 19, 2016, 12:34 am, 1675789

For the last few years, there has been talk about a North American currency. The recent success of the euro, and efforts by six Persian Gulf states to create a unified currency, have created a climate in which there is speculation that Canada, Mexico and the United States ...

September 19, 2016, 12:34 am, 1675790

Why pay for investment advice? While it might pay to dish out cash to follow pros who work at Wall Street Journal, The Street and others, sometimes it’s good to follow a few folks who want to spread their investment news for free.

September 19, 2016, 12:34 am, 1675791

He’s called the Oracle of Omaha, and for good reason: not only is he one of the best investors of all time, but he’s also a witty communicator. If you read one of Berkshire Hathaway’s annual shareholder letters (BTW–I love their Web site design!), you’ll feel like Warren Buffett ...

September 19, 2016, 12:34 am, 1675788

The recent credit crisis has battered our businesses, costs us jobs, crushed our loan prospects, smashed our hopes of a quick recession recovery, and generally made many of us mad as hell. Still, there are lessons to be learned from such a dismal situation. While you might not like ...