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

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


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Newmark’s Door (Craig Newmark)


May 26, 2016, 7:34 am, 1640022

. . . after noting the "cancerous leadership" of Harry Reid. Fabulous.


May 26, 2016, 7:34 am, 1640025

May 26, 2016, 7:34 am, 1640026

"The challenge is remembering that the next time your toddler intentionally throws a plastic fire truck at your infant's head after they both refused to nap all day and you just realized there's no food in the house for dinner. Man, these are the days."

...


May 26, 2016, 7:34 am, 1640024

May 26, 2016, 7:34 am, 1640023

Based on tourist visits per capita. The "least overrun" countries aren't surprising. But #1 on the "most" list I never would have guessed.


May 25, 2016, 7:34 am, 1639640

"What caused Haiti’s cholera epidemic? The CDC museum knows but won’t say."

Guess. Go ahead, guess.


May 25, 2016, 7:34 am, 1639639

Revealed: more lies from guess who. (Story is by Gretchen Morgenson in the New York Times.)

When Washington took over the beleaguered mortgage giants Fannie Mae and Freddie Mac during the collapse of the housing market and the financial crisis of 2008, it was ...


May 25, 2016, 7:34 am, 1639638

I kinda thought this was what title searches were for. So does the Charlotte homebuyer.


May 25, 2016, 5:34 am, 1639607

"There’s guy pretty, and there’s girl pretty. Jennifer Aniston is the latter."


May 24, 2016, 7:34 am, 1639270

I blame the editors. Somebody is allowingpieces to mention things contraryto the Approved Narrative.

Example #1:

She [Tara Houska, a tribal lawyer and a member of the Couchiching First Nation in Canada]also said that those who clung to family lore — of, say, being part Cherokee on their ...