Archives: October 2007

Age is how long until you die, not how long since you were born

Posted by: Peter Coy on October 31, Categories: Demographics

Guest blog by Peter Coy Stanford economist John Shoven (pictured) has just written an optimistic piece about how increasing rates of labor-force participation at older ages could increase GDP...

The End of the Traditional Business Cycle and an Apology

Posted by: Michael Mandel on October 31, Categories: Macro

First, the apology. I'm sorry for the lack of posts--I was pounded by a bad upper respiratory infection at the end of September, and it has taken me a full...

More Bad News for Manufacturing

Posted by: Michael Mandel on October 05, Categories: Labor Market

According to this morning's employment report, U.S. manufacturing jobs dropped below 14 million for the first time since 1950. Yes, you read that right, one nine five zero. Manufacturing jobs...