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 .


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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

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Carpe Diem - AEI (Mark J. Perry)


December 3, 2016, 11:33 pm, 1699545

News Item: Donald Trump has warned US citizens that there will be ‘consequences’ for leaving the country on vacation. Overseas travel to places like Paris to see the ...


December 3, 2016, 3:33 pm, 1699522

In a Forbes article today (“Donald Trump’s Trade Policies: Blessing Or Curse?“) Forbes contributor Stuart Anderson features comments from Mercatus Center Senior ...


December 1, 2016, 5:33 pm, 1699059

The Bureau of Labor Statistics (BLS) recently releases an annual report every November on the “Highlights of Women’s Earnings” (since the BLS report actually ...


December 1, 2016, 5:33 pm, 1699058

Over the last several years, I have regularly featured Venn diagrams on CD (and sometimes on Facebook and Twitter). Amazingly, I now have nearly 150 Venn ...


December 1, 2016, 1:33 am, 1698788

I’ve taken the liberty to make some edits below to today’s CNN Money article “Carrier: Trump gave us state ‘incentives’ to save jobs” to ...


November 29, 2016, 11:33 pm, 1698393

Note: This interactive map should be visible using Internet Explorer, Chrome and Safari, but may not be compatible with Firefox.

The ...


November 29, 2016, 5:33 pm, 1698336

An analysis of the ESPN database of NFL players for the 2016-2017 season by position for place kickers and punters reveals the following:

1. Of the 35 place kickers on 2016-2017 NFL rosters, 34 are white, one is Hispanic (Roberto Aguayo ...


November 29, 2016, 11:33 am, 1698220

As another round of coordinated minimum wage protests occur today around the country, the consequences of dramatic starter wage increases — including lost jobs, reduced hours, and business closures — are playing out in real time. To bring some economic reality into the national discussion on the #Fightfor15, ...


November 28, 2016, 5:33 pm, 1697993

Rick Newman has an article on Yahoo! Finance that exposes some of the flaws in president-elect’s naive views on trade, and explains how Trump’s attempts to “bring jobs back to the US” or “keep jobs from leaving the US” will likely backfire and kill US jobs in the ...


November 28, 2016, 3:33 pm, 1697948

…. is the title of a great blog post by George Mason economist Bryan Caplan, who makes a couple of great related points about: a) the minimum wage and b) Fidel Castro:

1. The minimum wage is far from the most harmful regulation on the books. Why then do I make ...