Economics Roundtable

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 .

Click on the image to get a bigger version.

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)

May 24, 2015, 7:33 am, 1479730

Roger L. Simon. I think he's a bit too pessimistic.

But not much.

And speaking of time flying, what I would love to see from the Republican candidates is some specific, real detail on how they intend to deal with this global conflagration that seems to be spreading ...

May 24, 2015, 7:33 am, 1479731

Isn't capitalism grand?

One of the most inspiring (or annoying) moments in life is when you hear these kinds of stories: people who come up with incredibly stupid ideas and achieve the unlikely—becoming millionaires. 

May 24, 2015, 5:33 am, 1479708

Longer than I would have guessed.

May 23, 2015, 7:33 am, 1479463

A list of movies that could well offer hope to those who worry about the current state of our K-12 schools.

I've only seen The New Public, which I liked. My family has also seen Waiting for Superman, which they liked.

I look forward to seeing If You Build It, ...

May 23, 2015, 5:33 am, 1479440

I agree with the author about the poor state of mass-produced supermarket tomatoes--heirloom tomatoes are better but quite pricey--so this might be worth trying

This isn’t about sustainability or going off-grid or striking back at The Man. This is about wanting a goddamn BLT and knowing, just ...

May 22, 2015, 7:33 am, 1478926

Based on my very small--so far--sample, these interviews seem to be a bit above the usual celebrity chats.

May 22, 2015, 7:33 am, 1478925

The study was published in Science, so this is a big deal: "A researcher apparently made up the results of the much-publicized study, as revealed Tuesday by scientists trying to replicate it."

Related: "As A Major Retraction Shows, We’re All Vulnerable To Faked Data". (As the old joke goes, ...

May 22, 2015, 7:33 am, 1478924

Featuring a brief discussion of Dylan's affection for punk and a ringing, rocking performance of "Jokerman". (What the lyrics might mean.)

More good Letterman: "David Letterman retires: His most notable interviews". This is a fine selection including two at the peak of his form, with ...

May 21, 2015, 3:33 pm, 1478599

. . . and how they might well be responsible for almost everything about your health.

"Everything you think you know about diets is WRONG: Counting calories is a total waste of time, it’s bacteria in your gut that make you fat and finally, cheese, alcohol and chocolate can ...

May 21, 2015, 7:33 am, 1478283

Including "Aspartame causes cancer, or, at the very least, is definitely bad for us" and six others.