Economics Roundtable

NOTICE 9/30/177

The Economics Roundtable website has been up and running for a couple of days now. Further periods of testing will be necessary. The RSS feed is still not working. The left sidebar links are also probably not updating correctly.

The problems were caused by updates to the programming language php and to the Apache operating system. It is taking time to track down the problems this causes with my system. - Bill Parke

March 2017 Fed Funds Rate

What is the effect of a 0.25% change in the Fed Funds rate?.

Click on the image to get a bigger version.

March 2017 Payroll Employment

Payroll employment has not grown impressively since 2000. Some baby-boomers retired, but that does not totally account for this graph.

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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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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.


The Economics Roundtable is sponsored by EconModel.

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

RSS Feed

ArgMax (John Irons)

"Economics News, Data, and Analysis”

September 12, 2017, 1:13 pm, 1771289

We're hiring a labor economist at EPI... see link for details on how to apply...

Employment opportunities at EPI

Living Standards/Labor Economist

The Economic Policy Institute is looking for an experienced economist for our flagship Living Standards program. In that position, the successful candidate would work with the Living Standards team to ...

September 12, 2017, 1:13 pm, 1771290

Romer/Bernstein estimate job impact to be between 3 and 4 million... see The Job Impact of the American Recovery and Reinvestment Plan.

September 12, 2017, 1:13 pm, 1771291

Just posted at EPI...

A rescue plan for Main Street

A package that provides funding for infrastructure, aid to states, and other provisions would begin to reverse our economic course by creating jobs while meeting national priorities. The package should also include a down-payment on longer-term reforms, as well. This memo ...

September 12, 2017, 1:13 pm, 1771292

The GAO is out with its first report on the Treasury's TARP/CPP program. Implementing the transparency and accountability requirements should be a high priority for the new administration.

(Also, be sure to check out the nifty TED spread chart on page 50, and the bond-treasury spread on 51. And, if you ...

September 12, 2017, 1:13 pm, 1771288

Views of Income Taxes Among Most Positive Since 1956

A new Gallup Poll finds 48% of Americans saying the amount of federal income taxes they pay is "about right," with 46% saying "too high" -- one of the most positive assessments Gallup has measured since 1956. Typically, a majority of ...

September 12, 2017, 1:13 pm, 1771287

John Irons (jsirons) on Twitter


Now live on Twitter...

September 12, 2017, 1:13 pm, 1771284

Best idea I've heard in a while...

ยป Create Your Own "Extended Warranty Fund"

Create an "extended warranty fund" Instead of buying warranty after warranty, why not create an "extended warranty fund." In other words, whenever a retailer offers you an extended warranty, simply transfer that amount of money into ...

September 12, 2017, 1:13 pm, 1771285

I've been trying to track this article down for months... must read for those interested in setting the record straight.

Persistence of Myths Could Alter Public Policy Approach -

September 12, 2017, 1:13 pm, 1771286

September 12, 2017, 1:13 pm, 1771283

Making minor improvements... but want to redesign to incorporate twitter, posterous.

Also thinking about moving from movable type to a hosted platform to better cross-post.