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.


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Newmark’s Door (Craig Newmark)


September 1, 2014, 5:33 am, 1327351

If you want to be on the Net on this holiday, this list should give you some things to look at.


August 31, 2014, 11:33 am, 1327198

August 31, 2014, 7:33 am, 1327144

Sample:

Contrary to what you might think, the Museum of Contemporary Art in Rio de Janeiro is not, in fact, a spaceship.


August 31, 2014, 5:33 am, 1327095

Good list. I'd add two more: soccer is much better to exercise to and Leo.


August 30, 2014, 7:33 am, 1326939

College football is here again! (Did you see Texas A&M kick the Head Ball Coach's butt?) Here's a piece that "explain[s]" college football.

I found most interesting the alleged facts that players tend to come from "big cities in hot places" but coaches come from the Midwest. 


August 30, 2014, 5:33 am, 1326913

Sounds like a great restaurant. But my daughters went and couldn't get in. (Link via my younger daughter.)


August 29, 2014, 7:33 am, 1326487

Everything--and I do mean everything--you're likely to want to know about the use of "the" in names of rock groups


August 29, 2014, 7:33 am, 1326486

At least for right now, ISIS is practically defenseless against air attack

Of course, that could change.


August 29, 2014, 5:33 am, 1326465

I don't think it's a "secret". Here in NC they're advertising that bad boy on TV a lot.

The $10 sandwich has 2 chicken tenders, 1.5 oz. of roast turkey, 1.5 oz. of ham, 1 slice of Swiss cheese, 1.5 oz. of corned beef, 1.5 oz. brisket, 1.5 oz. of Angus steak, 1 slice of ...


August 28, 2014, 7:33 am, 1325833

The California DMV pays three--three, mind you--employees to keep HAMRJMR, PSTLCHK, RDSN57, and DOOTERS off the road