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.


Jobs

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.


EconModel

The Economics Roundtable is sponsored by EconModel.

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


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Megan McArdle

Asymmetrical Information


December 3, 2014, 10:34 am, 1382237

Guest post by Jonathan H. Adler, a professor at the Case Western Reserve University School of Law and a regular contributor to the Volokh Conspiracy.

It can be a bit lonely working on environmental issues from the "right" side of the political spectrum. Environmental academics and activists ...


December 3, 2014, 10:34 am, 1382238

Guest post by Jonathan H. Adler, a professor at the Case Western Reserve University School of Law and a regular contributor to the Volokh Conspiracy.

It can be a bit lonely working on environmental issues from the "right" side of the political spectrum. Environmental academics and activists ...


December 3, 2014, 10:34 am, 1382239

Guest post by Jonathan H. Adler, a professor at the Case Western Reserve University School of Law and a regular contributor to the Volokh Conspiracy.

In my past two posts I've made a brief case for approaching environmental problems from a property rights perspective. In the


December 3, 2014, 10:34 am, 1382240

Guest post by Jonathan H. Adler, a professor at the Case Western Reserve University School of Law and a regular contributor to the Volokh Conspiracy.

In my past two posts I've made a brief case for approaching environmental problems from a property rights perspective. In the


December 3, 2014, 10:34 am, 1382236

Guest post by Laura McKenna, former political science professor, blogger, and freelance writer

With the cutbacks in school funding, many school districts ...


December 3, 2014, 10:34 am, 1382235

Guest post by Jonathan H. Adler, a professor at the Case Western Reserve University School of Law and regular contributor to the Volokh Conspiracy

No environmental issue is more polarizing ...


December 3, 2014, 10:34 am, 1382232

Guest post by Laura McKenna, former political science professor, blogger, and freelance writer

After parents first receive the news from a doctor or a teacher that their child is on the autistic spectrum, there is an inevitable ...


December 3, 2014, 10:34 am, 1382233

Guest post by Laura McKenna, former political science professor, blogger, and freelance writer

After parents first receive the news from a doctor or a teacher that their child is on the autistic spectrum, there is an inevitable ...


December 3, 2014, 10:34 am, 1382234

Guest post by Jonathan H. Adler, a professor at the Case Western Reserve University School of Law and regular contributor to the Volokh Conspiracy

No environmental issue is more polarizing than global ...


December 3, 2014, 10:34 am, 1382231

Guest post by Laura McKenna, former political science professor, blogger, and freelance writer.

I became fascinated with the romance novel industry this spring.

It all began when a friend recommended that I check out a romance ...