Thursday items: Woodhill and Benko on the right gold price; Tamny on the unemployed; Goldman on deflation.

From Forbes, Louis Woodhill argues the proper gold price for dollar relinking should be discovered by markets using transparent rules.

On TGSN, Ralph Benko prefers a market mechanism to find the proper gold price.

At RCM, John Tamny disputes myths about the long-term unemployed.

On The Kudlow Report, David Goldman argues deflationary risk is high:

The NY Sun recounts the last time the Republican platform supported a dollar convertible to gold.

On TGSN, Benko recounts the story of The Gold Bug.

At Seeking Alpha, Jeffrey Rosen discusses the Laffer Curve.

On The Circle Bastiat, Joseph Salerno offers an alternative explanation of the 19^th century financial panics.

The NYT reports China’s falling yuan (h/t: James Pethokoukis).

The Koch Foundation makes the case for economic freedom in 60 seconds:

At The FT, Martin Wolf suggests low tax rates don’t align with productivity and growth.

Wednesday update: Swanson profiles Cochrane; Benko recounts fiat money's political disorders; Laffer talks inflation.

From Forbes, Bret Swanson surveys the compelling opinions of University of Chicago economist John Cochrane.

AT TGSN, Ralph Benko recounts the dollar standard’s three political disorders (here, here and here).

On The Kudlow Report, Art Laffer discusses the producer price index’s surge:



At RCM, John Tamny advises Japan to avoid bad economics as it strives to recover.

In The Journal, James Grant reviews Douglas Irwin’s book on Smoot-Hawley.

From Bloomberg, Caroline Baum notes Bastiat’s counter to Keynesian ideas about government projects creating prosperity.

From Mises.org, David Stockman unleashes on the 2008 bailout and the dollar standard:

Viewed more broadly, the carnage on Wall Street in September 2008 was the inevitable crash of a 40-year financial bubble spawned by the Fed after Nixon closed the gold window in August 1971. As time passed, the Fed's market-rigging and money-printing actions had become increasingly destructive — leaving the banking system ever more unstable and populated with a growing bevy of Too Big to Fail institutions.

The 1984 rescue of Continental Illinois; the 1994 Mexican peso crisis bailouts; the Fed's 1998 life-support operation for LTCM — were all just steps along the way to the fall of 2008.

Then, faced with the collapse of their own handiwork, Washington panicked and joined the Fed in unleashing an indiscriminate bailout capitalism that has now thoroughly corrupted the halls of government, even as it has become a debilitating blight on the free market.

In The WSJ, Newt Gingrich and Peter Ferrara advocate making the Bush tax rates permanent.

At The Journal, Stephen Moore reports congressional conservatives are unsatisfied with the pace of spending cuts.

On the Peter Peterson funded Fiscal Times, James C. Cooper cites weak dollar advocate Fred Bergsten (of the Peterson Institute for International Economics) calling for dollar depreciation to boost exports. The irony is, the biggest barrier to US exports is the dollar standard Bergsten helped create in the 1970s.

At Mises.org, Frank Shostak argues economic growth doesn’t cause inflation.

Monday update.

Art Laffer thinks future tax increases mean a major downturn in 2011.

Larissa Price quotes classical economist Frédéric Bastiat on why spending stimulus doesn't work.

John Tamny finds it bizarre that in a time of high unemployment, the government penalizes successful companies.

From last week's WSJ, Yale's Ray Fair argues yuan appreciation won't help U.S. employment.

China's watchingamerica.com quotes Robert Mundell in calling for an end to U.S. restrictions on technology sales.

Mundell is still optimistic about the stock market.

At freedomworks.com, Charles Kadlec suggests spending doesn't improve the economy.

In The WSJ, Richard Florida argues home ownership is overrated.

John Tamny has made similar arguments here and here.

Conservative Keynesian and euro opponent Martin Feldstein says he predicted the euro crisis.

Of course, Feldstein was a key influence on the GW Bush Administration's weak dollar policy (see here, here and here), which Robert Mundell thinks caused both the U.S. subprime and euro crises.