Weekend edition: Mundell on growth, taxes and exchange rates; Lewis on European default; The WSJ applauds Huntsman's economic plan.

From The Economist, supply-side guru Robert Mundell emphasizes “growth, growth, growth,” advocates making the Bush tax cuts permanent and cutting the corporate tax rate, opposes European devaluation, and explains the role of exchange rate fluctuations in global economic crises over the last 40 years.

At Forbes, Nathan Lewis suggests a debt default combined with tax cuts would solve Europe’s economic problems.

The WSJ applauds former-Gov. Jon Huntsman’s (UT) economic plan as the best so far from the Republican presidential field: 

The heart of the plan lowers all tax rates on individuals and businesses. Mr. Huntsman would create three personal income tax rates—8%, 14% and 23%—and pay for this in a "revenue-neutral" way by eliminating "all deductions and credits." This tracks with the proposals of the bipartisan Bowles-Simpson commission and others for a flatter, more efficient tax system….

Mr. Huntsman would repeal two of President Obama's most economically debilitating creations, ObamaCare and the Dodd-Frank financial regulation law. Mr. Huntsman has it right when he says, "Dodd-Frank perpetuates 'too big to fail' by codifying a regime that incentivizes firms to become too big to fail." He'd also repeal a Bush-era regulatory mistake, the Sarbanes-Oxley accounting rules, which have added millions of dollars of costs to businesses with little positive effect.

On The Kudlow Report, Stephen Moore debates demand vs. supply-side economics:




At NRO, Larry Kudlow sees a Reagan moment coming in 2012.

On RCM, John Tamny opposes anti-trust regulation.

At Pajamas Media, David Goldman explains the demographic trends that led Germany to invest heavily in US assets last decade.

From last week on Squawk Box, David Malpass calls for strong-dollar jaw-boning from the Fed:




From Market Watch, Kurt Brouwer chronicles the weak dollar this decade.

At Forbes, Tea Party organizer Matt Kibbe argues for a comprehensive audit of the Fed.

In The Washington Times, Richard Rahn reviews Government Versus Markets: The Changing Economic Role of the State.

On The Kudlow Report, US Rep. Ron Paul (TX) discusses soaring gold:



On Newsmax, Steve Forbes outlines his agenda for pro-growth fiscal and monetary reform and suggests he leans towards endorsing Gov. Rick Perry (TX).

In The Washington Post, George Will asks whether Perry wants to return to a gold standard.

At The Commercial Appeal (TN), Steve Hanke says low interest rates deter bank lending.