Saturday, March 2, 2013

Saturday News: Jim Grant predicts a return to the gold standard on Bloomberg; Amity Shlaes on Coolidge, budget cuts, and taxes.

Saturday News: Jim Grant predicts a return to the gold standard on Bloomberg; Amity Shlaes on Coolidge, budget cuts, and taxes. 

Politics and Government

Amity Shlaes on Coolidge, Budget Cuts, and Taxes
From The New Yorker, Ryan Lizza does a meticulous 11 page report on the situation in the House Republican Conference which has not, yet, discovered the pleasures of economic growth

Monetary Reform
Jim Grant, astute monetary economist and respected author of the Interest Rate Observer said in a Bloomberg interview overnight that the dollar would crash and  a new Gold Standard would be the end result of the U.S. Federal Reserve’s irresponsibilities.
At Forbes, John Tamny says if Bernanke has a great inflation record, then Kim Jong-Un is the tallest man in the world. 
On Forbes,Charles Kadlec argues Boehner and Obama’s confusion breeds bipartisan disarray. 
On CFR, Benn Steil and Dinah Walker write Dr. Strangelove or: How China Learned to Stop Worrying and Love the Dollar
On TGSN, Kathleen Packard criticizes the Carney game. 
Tax

On Forbes, Capitol Flows says as Hollywood bags tax cuts, they seek to raise yours. 
Pension
The Star Ledger discusses the fiscal progress NJ has made since Governor Christie’s pension reform bill was signed into law.
At The Herald Review, Kurt Erickson describes a new pension overhaul plan that is being promoted in Illinois. .

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