Thursday, September 16, 2010

Thursday items.

The NY Sun rolls its eyes at Alan Greenspan's recent remarks that gold is the canary in the currency coal mine.

At Investor's Business Daily, Cato's Alan Reynolds analyzes Keynesian spending vs supply-side tax cuts.

The WSJ's Dan Henninger sees spending as the election's main issue.

At The Kudlow Report, Larry examines Japan's currency fluctuations.

At The WSJ, a collection of conservative Keynesians and monetarists offer a mixed agenda for economic growth (cutting spending and entitlements, freezing regulations, and maintaining current tax rates). Most problematic is the fifth point, which calls for a Taylor Rule-style monetary policy rather than a commodity price rule.

The WSJ reports on Treasury Secretary Tim Geithner's call for a higher yuan at a House hearing.

At The Money Illusion, Scott Sumner points out that currency revaluations don't necessarily improve trade deficits.

Steve Forbes discusses successful investment strategies of the past decade.

A note on David Malpass's Senate race: Earlier this week, supply-sider Malpass lost his Republican primary bid for the U.S. Senate in New York. While I followed the campaign from afar, I can't help but note that Malpass seemed to cast himself most clearly as a spending hawk, rather than focusing his campaign on tax cutting, sound money and economic growth. Running as a budget cutter, Malpass was one of the crowd rather than a standout candidate for growth; an odd strategy.

No comments:

Post a Comment