Economics Roundtable

Technical Problems 1/21/15

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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.


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Newmark’s Door (Craig Newmark)


January 31, 2015, 7:33 am, 1413719

Piece argues that it's all about the hormones.


January 31, 2015, 5:33 am, 1413712

I can't decide whether this is good news or bad news. Good news: we have a country where a 13-year-old with a terrific idea can be honored and rewarded for it (and attract investment from one of the world's largest companies).

Bad news: where were all the adults? Why ...


January 30, 2015, 7:33 am, 1413109

"The following video apparently shows footage through the view of Tullia’s heads-up display that day, and around the 3:00 mark, you can hear the warning beeps that a missile is locked on. Although the video is a bit grainy, the real focus should be on the hair-raisingradio chatter, which, coupled ...


January 30, 2015, 7:33 am, 1413108

If you want to know the difference between the accents of the Upper West Side and The Bronx and Brooklyn (and more), listen here.


January 30, 2015, 7:33 am, 1413107

Founder of Tangerine Dream. Post is accompanied by audio of one their compositions, "Love On a Real Train" from Risky Business. (Great scene, great movie.)


January 30, 2015, 7:33 am, 1413106

An outstanding collection, one that gives evidence that TV advertising can be, at least occasionally, be great.

A biggger collection at the LA Times, with a lot of overlap, but with some great ones missed in the previoius collection, including the E-Trade babies ad.

Also on Super Bowl ...


January 29, 2015, 7:33 am, 1412263

For anybody who studied a foreign language in American schools, I recommend Tom Parks's bit. It describes my experience exactly.


January 29, 2015, 7:33 am, 1412261

Good question.

Studies have shown that straight women overestimate the importance of thinness in heterosexual men’s perception of female beauty. That is to say, women think men prefer ladies much thinner . . . than they actually do.

Related: "Why Do So Many Women Wear So ...


January 29, 2015, 7:33 am, 1412262

For my money, a fine list.


January 29, 2015, 5:33 am, 1412204

"Variations in the sun’s output may explain some of the natural changes in Europe’s climate during the past 1,000 years, including the deadly, cold winters of the 16th and 18th centuries. Earth scientists recently discovered that as solar output dipped, so did temperatures in the North Atlantic, which ...