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?
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Newmark’s Door (Craig Newmark)
My older daughter and her colleagues, as well as I, vote for "bad idea".
An answer to another of life's most pressing questions.
I'm no lawyer, but it sounds like he may have a lawsuit.
I didn't know the inspiration was a Fellini movie.
With pictures, of course.Related Stories
I didn't really need to know that exactly why Doritos are tasty, but I still found it interesting.
One man's long, lonely search for a lost 16th century Spanish (earlier Viking?) ship in the California desert.
Hey, stranger things have happened.
As a former Phillies fan--take Gene Mauch and the '64 Phils; please!--I can empathise with the man.
I had never heard of a few.