Tuesday, March 3, 2015

Tuesday Update: Ralph Benko gives his firsthand account of the conservative meeting with Fed Chair Yellen; Fed Vice Chair Stanley Fischer says “(Zero percent interest) is far from normal”; Larry Kudlow writes Greenspan is telling people gold is the only true money

Politics and Government

From Forbes.com, John Tamny explains how robots will be the biggest job creators in world history.

ABC News reports. U.S. economic growth in Q4 revised down to 2.2 percent.

Monetary Reform

From Forbes.com, Ralph Benko gives his firsthand account of the conservative meeting with Fed Chair Yellen.

Janet Yellen and Gov. Brainard meet with 21 conservatives and libertarian representatives:

CNN reports Yellen meets with conservatives.

ABC News details Yellen's meeting with conservatives.

Fox Business writes Yellen meets with conservatives to discuss Fed policy.

The WSJ reports Yellen talks with conservative activists.

Salon.com writes Yellen meets with groups unhappy with the Fed.

The Daily Signal discusses how the meeting went.

From the NY Sun, Larry Kudlow writes as Congress eyes the Fed, Greenspan is telling people gold is the only true money.

From TGSN, Ralph Benko gives part four of his interview with Lewis Lehrman.

Monday, February 23, 2015

Monday Update: Ralph Benko explains what's wrong with the arguments of the liberals attacking Rand Paul; John Tamny covers how The Beatles prove that education is irrelevant to success; Stephen Moore says it’s time to kill the death tax.

Politics and Government

At Forbes.com, John Tamny explains how The Beatles prove that education is irrelevant to success.

The Washington Post relays Art Laffer’s message that the Obama economy is dramatically under-performing.

From National Review, Larry Kudlow covers the recent supply-side dinner with Scott Walker.

Monetary Reform

Ralph Benko, deconstructing TNR's Danny Vinik and Paul Krugman, explains what's wrong with the arguments of the liberals attacking Rand Paul, Part One and Part Two, and at the American Principles Project blog explains why Rand Paul has a lot in common with Presidents Jefferson and Jackson.

At Free Banking, George Seigin reveals what Fed officials don’t want you to know (even though they are telling you).

At Mercury News, Martin Crutsinger reports Janet Yellen will face Congress to discuss interest rate questions.

From Forbes.com, Ralph Benko details how bitcoin is pitching Silicon Valley against Washington, D.C.

Tax

In The Washington Times, Stephen Moore says it’s time to kill the death tax.

Regulatory Reform

In The Washington Times, Stephen Moore writes the Affordable Care Act isn’t affordable.

Sunday, February 15, 2015

Weekend Round-Up: Paul Krugman calls for monetary policy to be a major issue in the 2016 campaign -- NY Sun welcomes him to the debate stage; Brian Domitrovic says the economy is yearning for a policy mix

Politics and Government

Noah Smith, at Bloomberg, and David A. Graham, at The Atlantic, attack Jeb Bush's call for 4% growth.

From Forbes.com, Ralph Benko writes Jeb Bush has made a grand entrance.

Monetary Reform

Paul Krugman calls for monetary policy to be a major issue in the 2016 campaign.

The NY Sun welcomes Krugman to the debate stage.

At Forbes.com, Brian Domitrovic says the economy is yearning for a policy mix.

Norbert Michel at Forbes shows why Congress should vote to audit the Fed.

Rand Paul says Audit the Fed.

[T]he dollar that was once as good as gold ultimately became backed by the full faith and credit of the U.S. government. And since the panic of 2008, your dollar is now backed by bad home loans, bad car loans, and derivatives. Is anyone comforted? Over the past one hundred years the dollar has lost 96 percent of its value
.

Democrats come out against Audit the Fed.

At Forbes.com, Nathan Lewis on $15,000 gold and the Madness of Murray Rothbard
William Buiter, chief economist of Citigroup, at Vox EU (2009), on the unfortunate uselessness of most state-of-the-art academic monetary economics.

At the Hill, Dallas Fed chief urges power shift at central bank.

WaPo's Wonkblog reprises Larry Summers' advising Yellen not to raise interest rates yet.

From TGSN, Ralph Benko presents part 2 of his interview with Lewis Lehrman.

Tax

At the Daily Signal, Stephen Moore explains the simple formula for unleashing economic prosperity.

Sunday, February 8, 2015

Monetary Reform

On BBC, Alan Greenspan predicts exits from the euro are inevitable.

At Bloomberg, David Weigel covers Rand Paul’s Audit the Fed rally in Iowa.

Paul linked the Fed’s policies to economic inequality and the decline of the dollar. “Once upon a time they said your dollar is good as gold,” said Paul. “Then for many decades, they said your dollar was backed by the full faith and credit of government. You know what it’s backed by now? Used car loans, bad home loans, distressed assets and derivatives.

The NY Sun believes the Fed is starting to worry about Senator Rand Paul’s bill.

From TGSN, Ralph Benko presents part 1 of his interview with Lewis Lehrman.

From Forbes.com, Ralph Benko discusses Jim Grant’s new book The Forgotten Depression.

Sunday, February 1, 2015

Weekend Wrap Up: Rand Paul, Ted Cruz and Marco Rubio among 30 Senators sponsors of Audit the Fed; At Forbes.com, Nathan Lewis says when the Fed is confused about gold, we have some work to do; Ralph Benko writes Rand Paul has emerged as the successor to Daniel Patrick Moynihan.

Politics and Government

From Forbes.com, Ralph Benko writes Rand Paul has emerged as the successor to Daniel Patrick Moynihan.

From Forbes.com, Norbert Michel explains how government policies caused the financial crisis and made it worse.

At Forbes.com, Ralph Benko supports awarding the Congressional Gold Medal to Rep. Charlie Wilson, Joanne King Herring and Gustav Avrakatos.

Monetary Reform

Rand Paul, Ted Cruz and Marco Rubio among 30 Senators sponsors of Audit the Fed.

The Empire Strikes Back.  Alan Blinder in the WSJ explains why Congress should butt out of the Fed's business.

At Forbes.com, Nathan Lewis says when the Fed is confused about gold, we have some work to do.

Jennifer Kimberlin: US should return to gold standard to improve economy, Daily Toreador.

At National Review, Larry Kudlow writes after Romney, the GOP needs to work on crafting a message of incentives, sound money, and growth.

Rush Limbaugh critiques the Fed.

In the WSJ, Alen Mattich says the currency wars are heating up.

In the WSJ, Gregory Zuckerman, Laurence Fletcher, and Chiara Albanese discuss how currency tumult is stoking big bets.

Sunday, January 25, 2015

Weekend Wrap Up: Ralph Benko praises Matt O’Brien’s recent Washington Post article on the Fed’s overwhelming political influence; Steve Forbes writes arguments for higher gas taxes run on empty; John Tamny writes floating money ambushed global economy

Monetary Reform

At Forbes.com, Ralph Benko praises Matt O’Brien’s recent Washington Post article on the Fed’s overwhelming political influence.

From Forbes.com, John Tamny writes Switzerland didn’t ambush the global economy, floating money values did.

At CobdenCentre.com, Max Rangeley teaches us about Cydenius.

Steve Hanke writes, at Cato, on how letting the rupiah "float" (the standard euphemism for "sink") Indonesia's President Suharto was deposed.

In the WSJ, David Malpass criticizes the ECB for embracing helicopter money.

The NY Sun criticizes the ECB’s “outright monetary transactions.”

From Nasdaq, all eyes are on the Fed after ECB fires monetary bazooka.

Tax

At Forbes.com, Steve Forbes writes arguments for higher gas taxes run on empty.

Sunday, January 18, 2015

Weekend Update: John Tamny writes Mitt Romney simply doesn’t get it, and shouldn’t run for President; Switzerland stuns currency markets by giving up euro peg

Politics and Government

At Forbes.com, John Tamny writes Mitt Romney simply doesn’t get it, and shouldn’t run for President.

Romney’s China commentary was a strong signal that he preferred a weaker dollar.  The latter had eviscerated the paychecks of Americans during the Bush and Obama presidencies, had made staples like gasoline much more expensive, and for crushing investment returns, had made job opportunities far less plentiful
.

From ATR, Ryan Ellis covers President Obama’s proposed $320 billion tax increase.

Monetary Reform

From AP, Switzerland stuns currency markets by giving up euro peg.

At the Carl Menger Center, Paul-Martin Foss weighs in on Switzerland ditching the peg.

In the WSJ, Justin Lahart reports the midyear rate hike looks increasingly unlikely.

At 247 Wall Street, Jon Ogg writes market signals predict the Fed’s interest rate hike has been pushed further out.

On CNBC, Scott Shellady believes the Fed will launch more stimulus in 2015.

What I see is an economy with record low 30-year interest rates. We can't kick-start our housing market. We spent over $3 trillion of the balance sheet to buy 2.5 percent growth.”

The NY Sun details the profits of the Fed.

At Cato, Steve Hanke argues the ruble should be tethered to the dollar.

Tax

On Fox News, Stephen Moore says ‘Fire the IRS!’