Tuesday, August 2, 2011

Monday round up: Feldstein advocates a weak dollar; Kadlec sees monetary reform taking shape; Ben Stein blames supply-side economics for deficits.

From The WSJ, conservative Keynesian Martin Feldstein of Harvard argues the weak dollar is helping the US economy.

On Forbes, Charles Kadlec reports the beginning of global monetary reform is taking shape.

Also at Forbes, Ralph Benko sees the political landscape turning back towards free markets.

On CBS News, commentator Ben Stein blames supply-side economics for the deficit. (Ben’s father, Herb, was Nixon’s chief economist when the US left the gold standard.)

At Forbes, John Tamny hammers conservatives for not cutting government more.

On CNBC, John Carney suggests President Obama may have won the larger strategic contest behind the debt ceiling debate.

From Australia’s Brisbane Times, Peter Hartcher suggests the US dollar’s reserve status is responsible for the debt crisis.

In The San Antonio Express-News, T.R. Fehrenbach notes the importance of sound money (h/t: Benko).

Bloomberg reports George Soros predicting a financial crisis that will partially disband the eurozone (h/t: Free Banking):

In The NYT, Harvard’s Greg Mankiw, an advisor to Mitt Romney, defends Ben Bernanke’s monetary record.

On TGSN, Ralph Benko notes Adam Smith’s support for fractional reserve banking.

From COAL, Paul Krugman uses median family income to downplay the Reagan record.

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