January 2014 Payroll Employment
We are getting closer to the previous peak.
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.
Newmark’s Door (Craig Newmark)
Almost an hour live from Norway. Booker T & the MGs, the MarKeys, Eddie Floyd, Sam & Dave, and, of course, Otis.
Bonus: Shots of Norwegian hipsters groovin' to the music.
Is the guy an embodiment of all that's wonderful in the human spirit or a fool? You decide.
Link via commenter John at Jerry Pournelle's blog.
The movie, the poster, the title: it's all just romantic as heck.
Even more so as I get older.
It doesn't surprise me that, faced with a little adversity, Coach Cal is acting like a spoiled brat.
I would hope that none of my readers need this. But maybe you know some people who do. Short, effective, and good-natured.
(That the "Second Law of Thermodynamics" question persists is a serious indictment of our educational system. It's also another reminder that a little learning is a dangerous ...
Jim Watson--the co-discoverer of the structure of DNA Jim Watson--writes:
The total sum of money required for RNAi methodologies to reveal the remaining major molecular targets for future anti-cancer drug development need not be more than 500â€“1000 million dollars.
Can somebody please get Bill Gates or Warren Buffett ...
. . . so this made me laugh.
By the way, I donâ€™t blame them for wanting their kids and grandkids down â€“ otherwise itâ€™s boring as hell. I donâ€™t know if youâ€™ve ever been to Boca before but the basic idea is you wake up, eat ...
The New Republic admits Mitt was right and "the president and many liberal commentators" were wrong.
Good for them.
Oh, my. What will all those good UNC-CH Liberals do?
(Probably they needn't worry. The Administration will probably allow those awful, unconscionable health insurance policies to remain in force for a while longer: "New O-Care delay to help midterm Dems".)
The latest attempt to attribute Big Meaning to HBO's Girls: it's just like Little Women.
Bzzzzzt. Uh . . . not really, no. Thanks for playing, though.