Economics Roundtable

May 2014 Payroll Employment

After 76 months, we finally got back to the prerecession level of payroll employment.

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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

The Economics Roundtable is sponsored by EconModel.

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


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Newmark’s Door (Craig Newmark)


February 13, 2016, 7:34 am, 1608351

"Looms" has a double meaning. Dean may have meant well, and the process may have gotten out of control, far beyond want he wanted, but it beganonhis watch.


February 13, 2016, 7:34 am, 1608352

"Nano impressions": very short but very cool.


February 13, 2016, 5:34 am, 1608345

". . . while time and metropolitan expansion have shrunk OldFlorida, there's still some Old Dixie left to find."


February 12, 2016, 7:34 am, 1608020

It's a mess, but why not seta bunch ofIvy League lawyers to figure it out? It would keep them out of government where they do real harm.


February 12, 2016, 7:34 am, 1608019

Of the ones listed I make The Grateful Dead a clear #1. (The Eagles?! Sheesh.)


February 12, 2016, 5:34 am, 1607999

12.5 minutes of excerptsfrom fine movies. Layer Cake and The Boiler Room are inspired choices.


February 11, 2016, 7:34 am, 1607570

February 11, 2016, 7:34 am, 1607569

I'm surprised it took so long to arrive at this answer..


February 11, 2016, 5:34 am, 1607534

"Extract 'reverses build-up of deadly plaque that clogs arteries and triggers heart attacks'".


February 11, 2016, 5:34 am, 1607533