Technical Problems 3/9/15
The website was down several hours today, but is back up now.
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 .
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.
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?
The Economics Roundtable is sponsored by EconModel.
The Classic Economic Models cover micro, macro, and financial markets.
After reading the account of civil asset forfeiture in today’s Some Links post, Chuck Hampton asked me to rerun ...
O happy day!
… is from page 70 of Vol. 12 – Economic Inquiry and Its Logic (2000) – of The Collected Works of James ...
Here’s a letter to the Washington, DC- based WTOP Radio:
In your report this morning ...
… is from page 226 of the 2014 collection, The Market and Other Orders (Bruce Caldwell, ed.), of some of ...
… is from page 34 of the 2009 collection of some essays by the Italian jurist and political philosopher