Monday, November 29, 2010

Monday round up.

In Canada’s Globe and Mail, Neil Reynolds notes Nobel laureate Robert Mundell’s prediction of a return to gold-backed money.

At Forbes, Steve Forbes sees sound money making a political comeback.

On The Kudlow Report, U.S. Rep. Mike Pence (IN) discusses tax policy:

At Asia Times, David Goldman suggests gold’s direction is difficult to read.

On RCM, Louis Woodhill explains that pro-growth tax rate cuts are key to balancing the budget.

The PVIH (present value to the infinite horizon) methodology suggests a more promising deficit reduction plan: eliminate the corporate income tax, the capital gains tax, and the death tax. If these huge pro-growth tax cuts, which would cut the Federal tax take by three percentage points, increased the GDP growth rate by just 0.21 percentage points, they would not only "pay for themselves", but also (on a PVIH basis) achieve the Federal revenue objectives contained in the CCP.

At Forbes, John Tamny examines unemployment benefits’ impact on economic decisions.

On YouTube, Hiwa Alaghebandian rebuts Keynesian economics:
(Hat tip: Dan Mitchell.)

At NRO’s Corner, Daniel Hannan blames the euro – and by extension, supply-side economics founder Robert Mundell – for Ireland’s troubles.

In The NYT, Paul Krugman blames the euro for Spain’s troubles.

Also on YouTube, a British comedy satirizes central banking:
(Hat tip: Ralph Benko via his gold standard Facebook page.)

On his Times blog, Krugman argues currency devaluations have helped some economies.

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