Wednesday items.

From Forbes, Brian Domitrovic recalls Robert Lucas’s role in challenging 1970s Keynesianism.

The Hill reprints a Judy Shelton memo to members of Congress on potential questions for Federal Reserve Chairman Ben Bernanke.

On The Kudlow Report, U.S. Rep. Ron Paul (TX) explains why he asked Bernanke to define a dollar:



At The Atlantic, Daniel Indiviglio comments on the Paul/Bernanke exchange.

Cato’s Dan Mitchell notes Bernanke’s embrace of Keynesian spending analysis.

From The WSJ, Mary Anastasia O’Grady notes Fed Chairman Bernanke is “out on a limb” with his inflation prediction:



At RCM, John Tamny defends insider trading.

In The WSJ, Seth Lipsky suggests Sarah Palin’s outreach to labor is similar to Reagan’s.

From the archive, the late-Robert Bartley and Amity Schlaes explain the supply-side revolution.