Showing posts with label Batchelor. Show all posts
Showing posts with label Batchelor. Show all posts

Wednesday, August 25, 2010

Wednesday articles.

Cato's Dan Mitchell notes the President's desire to increase tax revenue via economic growth.

On the Kudlow Report, Mitchell discusses House Minority Leader John Boehner's (OH) economic policy speech.


And on Power Lunch, Mitchell debates creating a higher tax rate for the super rich.


Bret Swanson comments on Raghu Rajan's analysis of the financial crisis.

On NPR, Cato's Mike Tanner takes a swipe at Jude Wanniski's Two Santas Theory and says we can't grow our way out of deficits.

On the John Batchelor radio show, John Tamny discusses the housing market (at 27:40).

And here's Tamny on the Kudlow Report.


At Huffington Post, Robert Reich proposes increasing tax cuts for lower income workers while raising taxes on upper income earners.

Editor's note: At Alan Reynold's suggestion, I have added Edward C. Prescott's "Why Do Americans Work So Much More Than Europeans?" to the Classic Articles section.

Thursday, August 19, 2010

Wednesday articles.

At Yahoo Finance, John Tamny argues for cutting taxes and spending.

At the John Batchelor radio show, Tamny analyzes the economy (at 10:30).

Brian Wesbury contends economic pessimism is mistaken.

As Robert Mundell predicted (see here and here), U.S. spending and monetary stimulus is flowing overseas, creating inflationary pressures in China.

At NRO, Kevin D. Williamson explains the difference between the Reagan and Obama recessions.

US News blogger Peter Roff reports on the GOP's fall agenda. Sound money isn't included.

At Bloomberg, David Blanchflower suggests British tax increases to balance their budget will hurt its economy.

In Foreign Affairs, Paul Krugman makes the good point that the world's nations are partners, not competitors in a zero sum game.

Rolling Stone's Matt Taibbi endorses David Stockman's recent NYT op-ed.

At The Washington Post, Keynesian Allan Sloan doubts higher taxes will hurt the stock market.

Monday, August 9, 2010

Weekend edition.

Larry Kudlow suggests Democrats may go for a big new stimulus package.

The John Batchelor radio show features Kudlow, David Malpass and John Tamny.

Nathan Lewis supports Rep. Paul Ryan's roadmap but wishes it went further.

Dan Mitchell continues to debate Reaganomics.

Don Luskin is optimistic on the economy.

The Huffington Post features depressing unemployment charts.

At Fortune, Colin Barr chronicles the dollar's recent decline.

Thursday, May 27, 2010

Thursday round up.

In today’s Wall Street Journal, the excellent Judy Shelton says unsound money is the root of our economic problems (reprinted at the Sound Money Project blog).

What government policy makers in the U.S. and Europe fail to realize is that far from being seen as capable of delivering economic salvation, they are increasingly perceived as primary contributors to global financial ruin. Whether it's the fiscal recklessness of spendthrift politicians or the refusal of government officials to acknowledge failings—distorting mortgage markets through Fannie Mae and Freddie Mac, skewing assessments of credit risk through loose monetary policy—the influence of government over the real economy is proving disastrous.

No wonder people are flocking to gold as they flee government-supplied money. Neither the dollar nor the euro inspires much global confidence; despite the dollar's relative safe-haven status, neither currency holds out the promise of financial stability.

How can the real economy, i.e., the private sector, where genuine wealth is actually produced, continue to function in the absence of reliable money? Europeans will be wary of the euro from now on, given that the European Central Bank has relaxed its standards for safeguarding monetary integrity by absorbing Greek debt. Meanwhile, the perilous fiscal condition of the U.S. has convinced many that our government will resort to future inflation to reduce its own untenable debt burden.


On Fox News, Bruce Bartlett blames supply-side economics for not cutting spending while cutting taxes.

Following up on yesterday’s Malpass item,
here’s the complete text.

Economist Scott Sumner recently examined nations that made market reforms in the last 30 years, responding to New York Times columnist Paul Krugman.

Historian and author Brian Domitrovic defends Sumner and rebuts Krugman.

From Azerbaijan, Robert Mundell calls for a single European debt market and says the dollar’s rise against the euro will help Europe’s recovery.

Wayne Jett
was interviewed recenty about the euro.

On Monday, John Tamny
discussed his view that a U.S. debt default would be positive on the John Batchelor radio show (around the 20 minute mark).

Earlier this month, the National Inflation Association
produced a 55-minute documentary on the dollar.