Friday, August 1, 2014

Friday Highlights: Peter Ferrara shows why the gold standard is the foundation for restoring growth; James Dorn praises the Centennial Monetary Commission, calls for radical reform of monetary policy

Politics and Government

From Forbes.com, Jerry Bowyer details how a theological error led to financial stagnation.

The Washington Free Beacon reports the New Jersey Senate race is tightening, says Jeff Bell is within striking distance of Cory Booker.  

Monetary Reform

At Forbes.com, Amity Shlaes writes if Republicans win in November, they need to take on the Fed.

From Forbes.com, Peter Ferrara shows why the gold standard is the foundation for restoring booming economic growth.

At Forbes.com, James Dorn praises the Centennial Monetary Commission, calls for radical reform of monetary policy.

To move from the present pure discretionary government fiat money system to a rules-based regime, Congress must accept its constitutional responsibility for sound money, not delegate the authority to an “independent” Fed. The place to start is to pass Rep. Kevin Brady’s legislation for establishing a bipartisan Centennial Monetary Commission to examine the Fed’s 100-year performance and to explore alternative monetary rules for a stable-valued money.

From NewsMax, Steve Forbes gives the economic benefits of a stable gold-backed dollar.



In the WSJ, Ruchir Sharma makes the case that liberals love the one percent.

In the Washington Examiner, Joseph Lawler reports the Federal Reserve cut another $10 billion, but they are still promising more stimulus.

In the WSJ, Justin Lahart writes the Federal Reserve is cracking.

From The Federalist, Willis Krumholz says conservatives need to have it out over the Fed.

In The New Yorker, Nicholas Lemann explains how Janet Yellen is redefining the Federal Reserve.

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