Tuesday items: Kadlec on Romer's tax findings; Benko on Laffer/Moore's new book; Tamny on unfairness.

From Forbes, Charles Kadlec highlights Obama economist Christina Romer’s scholarly writing on the negative impact of tax increases.

The WSJ notes a rising threat to Europe’s borderless trade policy.

In Forbes, Ralph Benko profiles Art Laffer and Stephen Moore’s Rich States, Poor States.

At The WSJ, Paul Gigot and Dan Henninger discuss the Netherland’s proposed tax increases and declining growth:



At RCM, John Tamny explains that economic fairness makes everyone poorer.

From Alhambra Partners, Joe Calhoun remains moderately bearish on the world economy.

At Forbes, Grove City Prof. Mark Hendrickson highlights the Obama Administration’s interest in a global corporate tax (h/t: Future of Capitalism).

In Barrons, Stanford's John Taylor critiques Keynesian tax stimulus and advocates rules-based monetary policy.

At TGSN, Ralph Benko argues gold offers the best rule for monetary stability.

In The WSJ, Stephen Moore reports Republicans may not win retiring Sen. Kent Conrad’s (ND) seat.

On The Kudlow Report, Tamar Jacoby debates Arizona’s immigration policy:



In The NYT Magazine, Paul Krugman urges Fed Chairman Bernanke to increase inflation.

At The WSJ, Peter Diamond and Emmanuel Saez argue higher top tax rates will generate more federal revenue and not harm growth.

USA Today dredges up hoary misconceptions about the gold standard.

Tuesday summary: Domitrovic on the weak dollar; Stoll on interest rates; Tamny on China's trade deficit.

From Forbes, Brian Domitrovic explains the weak dollar caused the real estate bubble.

In The NY Sun, Ira Stoll notes the problems for savers with zero interest rates.

At RCM, John Tamny suggests there’s nothing wrong with China’s new trade deficit.

On The Kudlow Report, John Rutledge discusses the US’s tough trade stance towards China:



At TGSN, Ralph Benko highlights Jacques Rueff’s analysis of the monetary errors that led to the Great Depression.

In The Washington Times, Richard Rahn argues the world economy’s future is bearish.

From Alhambra Partners, Joe Calhoun expresses pessimism about the economy.

At Hindu Business Line, G. Ramachandran links Robert Mundell’s euro to the Roman Empire.

On The WSJ, Paul Gigot discusses Newt Gingrich’s prospects in the southern primary states:



On Econlog, David Henderson disputes Louis Woodhill’s analysis of gold and oil.

In The NYT, Bruce Bartlett advocates higher tax rates to raise more revenues.

Monday items: Gold enthusiasm at CPAC; Kudlow on King Dollar; Forbes on the Fed.

From Forbes, Stephen Richer notes youth enthusiasm at CPAC for gold.

TNR reports from CPAC on Herman Cain’s policy focus on tax reform and gold-linked money.

At NRO, Larry Kudlow advocates for a golden King Dollar.

On The Kudlow Report, Stephen Moore debates the President’s tax proposal:



In The WSJ, Art Laffer highlights tax cutting in the states.

At The American, James Pethokoukis critiques the President’s budget proposal.

From Forbes, Steve Forbes bashes Ben Bernanke’s intrusions in the market.

On RCM, Dan Mitchell reports US pressure on Switzerland’s tax haven status.

At The WSJ, Paul Gigot discusses Mitt Romney’s CPAC straw poll victory.



From Forbes, John Tamny rebuts demographic doomsayers.

Domitrovic on historians; Lindsey on GOP tax plans; Gigot on Romney.

From Forbes, Brian Domitrovic chides historians for their shallow analyses of supply-side economics.

On NRO, Larry Kudlow analyzes last night’s GOP debate.

Also on NRO, Kudlow praises Newt Gingrich.

On The Kudlow Report, Larry Lindsey discusses Europe and the GOP tax reform plans:

 

In The WSJ, Paul Gigot analyzes Mitt Romney’s tax plan.

On Reuters, Steve Hanke reports the money supply is contracting which will damage the already weak economy.

The WSJ says Democrats are pushing Republicans for additional tax revenue raisers.

In The WSJ, David Brady and Tammy Frisby examine the flat tax’s popularity.

On Forbes, Bill Frezza advocates sound money.

The WSJ reports Art Laffer is consulting on income tax repeal in Kansas and Missouri.

Thursday round up: Tamny on China; Woodhill on Keynes; Moore on tax reform.

From RCM, John Tamny defends China on manufacturing jobs.

At Forbes, Louis Woodhill argues against Keynesian stimulus and for a series of interesting reforms.

In The WSJ, Michael Boskin applauds the GOP tax reform contest.

On The Kudlow Report, Stephen Moore discusses tax reform efforts:

 

At NRO, Larry Kudlow notes the ECB’s surprise quarter-point cut of its target rate.

In The WSJ, Paul Gigot reports Colorado’s rejection of tax increases to pay for education.

On Seeking Alpha, John Bowman notes the Chairman of the Council of Economic Advisors to the French Prime Minister advocates keeping the euro and supply-side solutions.

The Tax Policy Center analyzes the distribution of Gov. Perry’s flat tax plan.

The Economic Policy Institute honors Paul Krugman:

 

The Washington Post reports House Speaker John Boehner (OH) dismissing anti-tax advocate Grover Norquist.

Also in The Washington Post, Charles Lane rebuts claims that US infrastructure is crumbling.

Tuesday update: Kadlec, Gigot and Moore analyze 9-9-9; Tamny on Perry's energy proposal; Forbes on Ron Paul.

At Forbes, Charles Kadlec supports Herman Cain.

In The WSJ, Paul Gigot suggests the sales tax makes the 9-9-9 plan vulnerable.

The Hill reports Stephen Moore suggests Cain drop the sales tax part of his plan.

On The Kudlow Report, Moore discusses 9-9-9:

 

On RCM, John Tamny argues Gov. Rick Perry’s (TX) energy-focused economics plan disqualifies him.

At Forbes, Ralph Benko defends Grover Norquist from attacks from tax increase supporters.

In The Washington Times, Richard Rahn explains that class warfare will backfire.

On Kudlow, Steve Forbes debates US Rep. Ron Paul’s (TX) economic plan:

 

Iowapolitics.com reports on the growing popularity of the gold standard among Republican candidates.

From Alhambra Investments, Joe Calhoun suggests the economy isn’t likely to improve much.

USA Today reports that Americans blame Washington more than Wall Street for the poor economy.

Tuesday items: Multiples responses to the Obama/Buffett tax hike argument; Tamny on bank bailouts; The WSJ chides Romney's China stance.

AP rebuts the President’s (and Warren Buffett’s) claims regarding tax rates paid by the rich.

The WSJ critiques the Obama/Buffett analysis.

On NRO, Larry Kudlow bashes the President’s tax attack.

From The Fiscal Times, Steve Forbes opposes tax increases on the rich.

At The WSJ, Paul Gigot comments on the President’s tax proposal:

 

At RCM, John Tamny notes that three years after the bailouts, the banking system is weaker.

On Café Hayek, Don Boudreaux echoes Douglas Irwin’s claim that Smoot-Hawley played a minor role in the Great Depression.

In The WSJ, Bret Stephens predicts the eurozone’s break up.

Alhambra Investments foresees a breakup of the euro.

The WSJ chides Mitt Romney for his rhetoric on China’s currency.

London’s Chatham House features documents from its 1929-31 conference on The International Gold Problem.

Sanjuktamoorthy.com explains Robert Mundell’s desire for a single world currency.

In The Washington Times, Richard Rahn notes that elevated inflation combined with ultra-low interest rates means a huge tax on savers.

On Bloomberg, Caroline Baum reports the Fed’s upcoming replay of Operation Twist.

On The Kudlow Report, James Pethokoukis debates the President’s low poll numbers:

 

In The NYT, Bruce Bartlett advocates rolling back tax code expenditures.

From First Trust, Brian Wesbury argues a new recession is unlikely.

At The Weekly Standard, Jonathan V. Last suggests China’s One Child Policy will prevent it becoming a great nation.

The Huffington Post reports Newt Gingrich will unveil a Contract with America 2012. No word as to whether currency and exchange rate reform will be on the agenda.

In The NYT, conservative Keynesian Ben Stein supports for higher taxes on the rich.

At COAL, Paul Krugman claims the current crisis is caused by a failure of demand, but that supply-side problems may be emerging.

Thursday summary: Mundell on Greek default; the dollar is rising; Politico on opposition to Bernanke.

From Bloomberg, Robert Mundell says a Greek debt default would trigger a “monstrous” run on banks, that no nation should leave the eurozone, and that the Fed and ECB should enact a $1 trillion swap facility to prevent a dollar shortfall.

Dow Jones reports the dollar rising, with the euro down to $1.38 from $1.45 in recent days.

Politico notes the opposition to Fed Chairman Ben Bernanke at the GOP debate.

Bloomberg reports a surprise cut in Brazil’s interest rate despite 7.2% inflation.

At The WSJ, Joseph Sternberg and Abheek Bhattacharya discuss the weak dollar’s role in Korea’s rising inflation:

 

The WSJ reports on two new studies of why the stimulus failed.

In Asia Times, David Goldman criticizes the small business payroll tax cut.

In The WSJ, Michael Boskin argues the President’s response to the crises he inherited has been poor.

On The Kudlow Report, Larry Kudlow discusses the President’s jobs speech:

 

At RCM, John Tamny defends China’s economic strategy.

The WSJ analyzes Mitt Romney’s 59-point economic plan.

Also in The Journal, Paul Gigot critiques the Romney proposal.

From earlier this month, The NY Sun notes an excellent interview with James Grant on gold.

In Forbes, Jerry Bowyer suggests that while imperfect, gold is the best monetary barometer.

TGSN features Ronald Reagan’s TV ad supporting a return to the gold standard:

At COAL, Paul Krugman denies that gold is sending inflationary signals.

Also on COAL, Krugman attacks The WSJ editorial page’s economic predications.

Supply-side conference report.

Today we attended a New York conference on President Reagan’s supply-side economics record sponsored by The Manhattan Institute, The Wall Street Journal, and the Ronald Reagan Presidential Foundation.

The event included an inspiring speech by Steve Forbes, a panel featuring Brian Domitrovic, Jeff Bell and Art Laffer, another panel featuring Larry Kudlow, Lew Lehrman and Larry Lindsey, and a closing discussion between Paul Gigot and Robert Mundell.

It was a tremendous event, and a pleasure to interact with so many supply-side luminaries (a few of whom say they read this blog). The WSJ will post video of the event at some point, which we’ll link to.

Regarding substance, here are a few notes:

• Lindsey predicted the end of fiat money by the end of the decade. He also observed that congressional Democrats lost the House because they lost seniors. He believes Nancy Pelosi plans to win them back in 2012 by aggressively attacking GOP proposals to cut entitlement costs.
• Kudlow disputed that the budget deficit represents a “red menace” (Indiana Gov. Mitch Daniels’ description), arguing slow growth was the bigger threat. He noted that one can almost plot the rise of American power in recent decades with gold coming down, and its decline with gold’s rise.
• Lehrman explained that the U.S. will never get fiscal deficits under control without monetary reform through a convertible dollar, because the world sells us its goods, then uses the dollars to buy up our debt.
• Laffer was typically optimistic, saying supply-siders are still winning the tax cut argument and that the rate of growth over the next three decades will exceed the 1980s and ‘90s.
• Prof. Mundell argued the route to stronger U.S. growth is making the Bush tax cuts permanent and cutting the corporate tax rate to 15 percent. Explaining his view that exchange rates – set by the U.S. Treasury not the Federal Reserve – transmit inflation and deflation to the domestic economy, he suggested the biggest threat to recovery isn’t inflation but a significant rise in the dollar against the euro later this year. Such a rise would cut off the already-weak expansion and magnify America’s debt crisis.

Tuesday updates.

At The WSJ, Art Laffer counters calls to create a high income tax in Washington state.

On Foxnews.com, Ralph Benko argues a 21st-century gold standard is vital to fixing the economy.

Also at The Journal, editor Paul Gigot discusses last week’s anti-trade vote against China in the House:



On RCM, John Tamny doubts congressional Republicans understand how to repair the economy.

At NRO’s Corner, Stephen Spruiell critiques Paul Krugman’s claim that Keynesians are vindicated and classical economists repudiated by continued low inflation and interest rates.

On The Kudlow Report, Don Luskin suggests U.S. stock market trends are eerily similar to those during the Great Depression:



At Café Hayek, GMU’s Don Boudreaux challenges U.S. Sen. Sherrod Brown (OH) to a public debate on trade.

In The Washington Times, Richard Rahn warns Republicans not to raise taxes as part of a deficit reduction compromise.

Larry Kudlow highlights Dan Mitchell’s recent video on how to balance the budget based on spending cuts rather than tax increases.