Friday, August 1, 2014

Friday Highlights: Peter Ferrara shows why the gold standard is the foundation for restoring growth; James Dorn praises the Centennial Monetary Commission, calls for radical reform of monetary policy

Politics and Government

From Forbes.com, Jerry Bowyer details how a theological error led to financial stagnation.

The Washington Free Beacon reports the New Jersey Senate race is tightening, says Jeff Bell is within striking distance of Cory Booker.  

Monetary Reform

At Forbes.com, Amity Shlaes writes if Republicans win in November, they need to take on the Fed.

From Forbes.com, Peter Ferrara shows why the gold standard is the foundation for restoring booming economic growth.

At Forbes.com, James Dorn praises the Centennial Monetary Commission, calls for radical reform of monetary policy.

To move from the present pure discretionary government fiat money system to a rules-based regime, Congress must accept its constitutional responsibility for sound money, not delegate the authority to an “independent” Fed. The place to start is to pass Rep. Kevin Brady’s legislation for establishing a bipartisan Centennial Monetary Commission to examine the Fed’s 100-year performance and to explore alternative monetary rules for a stable-valued money.

From NewsMax, Steve Forbes gives the economic benefits of a stable gold-backed dollar.



In the WSJ, Ruchir Sharma makes the case that liberals love the one percent.

In the Washington Examiner, Joseph Lawler reports the Federal Reserve cut another $10 billion, but they are still promising more stimulus.

In the WSJ, Justin Lahart writes the Federal Reserve is cracking.

From The Federalist, Willis Krumholz says conservatives need to have it out over the Fed.

In The New Yorker, Nicholas Lemann explains how Janet Yellen is redefining the Federal Reserve.

Wednesday, July 30, 2014

Wednesday News: Ralph Benko sees an opportunity for President Obama to achieve universal health coverage libertarian style; Adrian Ash pays tribute to the gold standard 100 years after its death.

Politics and Government

At Forbes.com, Ralph Benko sees an opportunity for President Obama to achieve universal health coverage libertarian style.

From Forbes.com, George Leef proposes a plan to let college students escape debt via bankruptcy, if the institutions of higher learning assume their loan payments.  

Monetary Reform

From Gold News, Adrian Ash pays tribute to the gold standard 100 years after its death.

At Forbes.com, Norbert Michel says the Fed is not an investment manager.

The Dallas Fed presents a PowerPoint presentation on the history of the gold standard.

From the Carl Menger Center, Paul-Martin Foss covers Dallas Fed President Richard Fisher’s recent statements on monetary policy.

At Bloomberg View, Mark Gilbert discusses how virtual currencies are moving closer to gold.

At Business Insider, Myles Udland reports the taper continues.

MarketWatch believes the Fed will react cautiously to Q2 data.

Tax

The Wall Street Journal details why liberals hate Kansas.

At ATR, Peter Fricke explains why the U.S. tax code has caused businesses to flee overseas.

Sunday, July 27, 2014

Weekend Wrap Up: WSJ's George Melloan gives a rave review to Steve Forbes Money advocating the gold standard; John Tamny explores the correlation between a soggy dollar and the rise of fracking

Politics and Government

At Forbes.com, Travis Brown shows how Pence’s playbook netted over 100,000 jobs in Indiana.

From International Liberty, Dan Mitchell writes Krugman’s “gotcha” moment leaves something to be desired.

Larry Kudlow asks what would happen if Obama defended American businesses for once.

Monetary Reform


WSJ's George Melloan gives a rave review to Steve Forbes Money advocating the gold standard.

At Forbes.com, John Tamny explores the correlation between a soggy dollar and the rise of fracking.

In the Washington Times, Peter Morici details Yellen’s denial of rising inflation.

Middle Class Squeeze

Due to labor shortage and railway limitations the shipping industry is expected to raise prices in the near future.

Regulatory Reform


From Forbes.com, Frank Sorrentino says after four years of Dodd-Frank, bank regulation is still a guessing game.

Friday, July 25, 2014

Friday Update: In the NYT, Kwasi Kwarteng believes the gold standard could emerge from China.

Politics and Government

The Heartland Instute recaps Stephen Moore’s recent discussion on the economies of Red States vs Blue States.

At Forbes.com, Ralph Benko asks if Speaker Boehner’s lawsuit could checkmate a renegade President.


Monetary Reform

In the NYT, Kwasi Kwarteng believes the gold standard could emerge from China. 

In The WSJ, John Taylor responds to Alan Blinder, defends the need for a rules-based monetary policy.

At Forbes.com, Nathan Lewis details why the Bretton Woods agreement collapsed.

In The WSJ, Sheila Bair reports on the Federal Reserve’s risky reverse repurchase scheme.

At Fortune Magazine, Stephen Gandel reports big banks made $650 million off QE.

From EconoMonitor, Yves Smith says the Fed is ignoring the fact that it is on political thin ice.

The Middle Class Squeeze

The Economic Policy Journal releases a report on beer price inflation.

Aluminum prices increase as producers struggle to keep up with demand for raw materials.

Drew Trachtenberg takes a look at the rising prices of food in the context of historic trends. 

Tuesday, July 22, 2014

Tuesday News: Money, Markets, and Misperceptions says Matt Yglesias should spend more time learning economics and less writing about gold; Steve Horowitz rebuts Yglesias; Vivek Dehejia details illusions bred by a reserve currency

Politics and Government

At National Review, Stephen Moore says the radical greens are moving us toward a future without electricity.

From National Review, Larry Kudlow writes our sluggish economy has weakened us abroad.

In the WSJ, Paul Vigna shows that the economy is still lumbering.

Monetary Reform

Money, Markets, and Misperceptions: Matt Yglesias Should Spend More Time Learning Economics and Less Writing About Gold

From Free Banking, Steve Horowitz rebuts Matthew Yglesias article on the gold standard.

At LiveMint, Vivek Dehejia details the illusions bred by a reserve currency.

From Forbes.com, Ralph Benko says Pulitzer’s advice applies to Krugman: “Put it before them...above all, accurately.”

The Middle Class Squeeze

Due to the rise in cost of ingredients, Hershey is stating that there will be an 8% price increase by the end of the summer.

Reuters reports inflation rises on high energy prices.

Friday, July 18, 2014

Friday News: Forbes Media sold to international syndicate, Steve Forbes to remain Chairman and Editor-in-Chief; Krugman, in the NYT, dismissed Ralph Benko’s critique as “funny and scary.”

Monetary Reform

Forbes Media sold to international syndicate, Steve Forbes to remain Chairman and Editor-in-Chief

In the NYT, Paul Krugman dismisses recent attack as “funny and scary.

From National Review, Amity Shlaes writes things are more expensive than government statistics say they should be.

The NY Sun asks ‘what if Janet Yellen is wrong?’

The NY Sun says the Fed is in danger, under increasing scrutiny from Congress.

At Forbes.com, Nathan Lewis states the devaluations of the 1930’s don’t justify today’s funny-money experiments.

Digital Journal reports bankcoin will be the first crypto currency to be backed by gold.  

From TGSN, Ralph Benko recaps Liberty Street Economics article linking the French Assignat to virtual currencies.

The Middle Class Squeeze

A gallup study shows that rising prices affect how American's are spending their money this summer as their discretionary spending budget shrinks.  

Rising energy prices spike in July, inflation still seen as mild by the CPI.

Wednesday, July 16, 2014

Wednesday Update: Ralph Benko asks if Paul Krugman is leaving Princeton in quiet disgrace; Judy Shelton in The Weekly Standard makes the case for the gold standard

Monetary Reform

At Forbes.com, Ralph Benko asks if Paul Krugman is leaving Princeton in quiet disgrace.

Judy Shelton in The Weekly Standard makes the case for the gold standard.

Matthew Yglesias interviews the author of the first Monetary Policy thriller, The Directive, by Matthew Quirk, giving it a rave review.

From Town Hall, Steve Forbes says the lack of a gold standard has hurt U.S. economic growth.

From Forbes.com, John Tamny imagines the stupendous growth and plentiful credit in a world without the Fed.

In The WSJ, John Taylor discusses how to spark another ‘Great Moderation.’

In The WSJ, Kansas City Fed President Esther George believes the economy would be best served by raising rates; Pace of inflation worries Esther George.

At TGSN, Ralph Benko debunks Paul Krugman’s caricature of the movement towards a gold standard.

Spending

The Onion asks if the government should stop dumping money in a giant hole.