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

Moneyness (JP Koning)

December 27, 2018, 7:50 am, 1932287

I recently wrote two posts for the Sound Money Project about Swedish monetary innovation. The first is about an effort by the Swedish central bank—the Riksbank—to force retailers to accept ...

December 23, 2018, 7:09 am, 1931576
Merry Christmas and Happy New Year to all my readers. And to everyone who left a comment this year, thank you. It's always fun to debate things over in the comments section and I feel it makes the blogs themselves stronger. Don't forget to check out the discussion board ...

December 12, 2018, 7:29 am, 1928710

Say that the local lottery system has decided to innovate. Lottery tickets can now be used as money. A ticket with a face value of $x can be used to buy ...

November 28, 2018, 6:09 pm, 1924931
Anthony Pompliano, or Pomp, is at it again. Some of you may recall his odd claims about bitcoin adoption in Argentina, which I took apart here. Well, the following tweet wandered onto my twitter stream a couple of days ago.

November 13, 2018, 2:39 pm, 1920425

Two years ago, Indian PM Narendra Modi suddenly demonetized all of the nation's₹1000 and

November 4, 2018, 6:39 am, 1915882

Over on the discussion board, Oliver and Antti suggest that I read two essays from Alfred Mitchell-Innes. Here are a few thoughts.

A British diplomat, Mitchell-Innes was ...

October 23, 2018, 2:39 pm, 1910496

While our modern monetary system certainly has plenty of detractors, one of its successes is that we no longer need the ...

October 13, 2018, 7:08 am, 1907199

A few months ago Vijay Boyapati asked me to "steel-man" the bubble theory of money. The bubble theory of money, which can originally be ...

September 26, 2018, 11:47 am, 1902694
Earlier this month the following tweet elbowed its way onto my Twitter timeline: