At Forbes, Brian Domitrovic explains the dollar’s gyrations damaging impact on the euro.
From Bloomberg, Obama economist Peter Orzag notes that the mortgage crisis destroyed the same amount of wealth as the dot-com bust and wonders why its result was so much more severe. Left out of his analysis is the Great Dollar Appreciation of 2008, which was a separate, economy-killing event from the initial mortgage bust.
At Streit Talk, Steve Hanke diagnoses the Eurozone’s travails, including Greece’s sharp deflationary environment.
On The Kudlow Report, Art Laffer debates the weak economy:
The NY Sun applauds US Rep. Ron Paul’s recent TV debate with Paul Krugman as Hayek vs. Keynes.
From Paper Money Collapse, Austrian economist Detlev Schlichter advises on how to debate Krugman (h/t: TGSN).
At Fiscal Times, Liz Peek castigates Krugman for his pro-inflation bullying of Ben Bernanke.
On Econlog, David Henderson defends Romney supporter Edward Conrad’s pro-wealth views from Krugman.
In The Economist, Will Wilkinson critiques Stephen King’s call for tax increases.
From First Trust, Brian Wesbury notes the economy’s slowing but remains optimistic.
The NYT reports China’s vanishing current account surplus, but notes continued US pressure to revalue the yuan.
On NRO, Kevin Hassett explains the negative impact on growth of policy uncertainty.
From The WSJ, Dan Henninger notes the Obama Administration’s attempts to court young voters with handouts rather than growth and jobs:
At Econtalk, John Taylor discusses his new book, First Principles: Five Keys to Restoring America's Prosperity.
TGSN recounts the Free Silver Movement’s history.
Showing posts with label Hassett. Show all posts
Showing posts with label Hassett. Show all posts
Thursday, May 3, 2012
Wednesday, March 14, 2012
Wednesday round up: Hassett and Hubbard on corporate tax plans; The NY Sun on oil and the dollar; Lewis on the classical gold standard and current account deficits.
In The WSJ, Kevin Hassett and Glenn Hubbard analyze the candidates’ corporate tax reform plans.
The NY Sun argues monetary policy is driving high oil prices.
From First Trust, Brian Wesbury sees no sign of QE3 coming.
On The Kudlow Report, Larry discusses the GOP race after Rick Santorum’s victories in Alabama and Mississippi:
At TGSN, Ralph Benko reprints Lawrence White’s argument that the US has enough gold to transition to the classical gold standard.
From NWE, Nathan Lewis counters the claim that the classical gold standard limited current account deficits.
On CNBC, Steve Forbes discusses the GOP candidates.
At Reuters, Chris Papagianis notes three disturbing trends in commercial banking.
The NY Sun argues monetary policy is driving high oil prices.
From First Trust, Brian Wesbury sees no sign of QE3 coming.
On The Kudlow Report, Larry discusses the GOP race after Rick Santorum’s victories in Alabama and Mississippi:
At TGSN, Ralph Benko reprints Lawrence White’s argument that the US has enough gold to transition to the classical gold standard.
From NWE, Nathan Lewis counters the claim that the classical gold standard limited current account deficits.
On CNBC, Steve Forbes discusses the GOP candidates.
At Reuters, Chris Papagianis notes three disturbing trends in commercial banking.
Sunday, January 8, 2012
Weekend edition: Ferrara on Romney's plan; Gingrich on sound money; Hassett on Santorum's tax plan.
From Forbes, Peter Ferrara suggests Mitt Romney’s economics plan is too timid to win.
In his column, Larry Kudlow advocates a bolder Republican growth message.
The Manchester Union-Leader praises Newt Gingrich’s economic plan.
On C-SPAN, Gingrich cites sound money (at 32 and 35 minutes) at the top of his list of economic priorities, and on Larry Kudlow's radio show cites the dollar again (at 22 minutes).
Yahoo News notes Gingrich’s ability to learn quickly from audiences on the stump.
At NRO, AEI’s Kevin Hassett critiques Rick Santorum’s tax plan.
On The Kudlow Report, Stephen Moore discusses the latest unemployment numbers:
The WSJ analyzes the lower workforce participation rate.
At The American, James Pethokoukis examines the latest unemployment numbers.
The NY Sun dismisses the Fed’s latest initiative to publish the interest rate forecasts of its individual members.
In The NYT, Eammon Fingelton argues Japan is in pretty good shape, and notes its large current account surplus despite a massive rise in the yen’s foreign exchange value.
At The Atlantic, Megan McArdle notes that when loss of benefits and tax credits are accounted for, America’s working poor pays the highest marginal tax rates.
In The NYT Magazine, Adam Davidson explains that Europe’s larger problem is its weak growth rates for decades.
At The WSJ, Cato’s Dan Griswold argues Republicans have missed the economic benefits of immigration:
From New World Economics, Nathan Lewis discusses gold standard operating mechanisms.
The NYT reports US manufacturing’s surprising strength.
In The NYT, Bruce Bartlett examines the federal debt.
Also in The Times, Paul Krugman correctly argues that government debt is irrelevant with faster economic growth but ruins it by suggesting spending stimulus will lead to higher growth.
In his column, Larry Kudlow advocates a bolder Republican growth message.
The Manchester Union-Leader praises Newt Gingrich’s economic plan.
On C-SPAN, Gingrich cites sound money (at 32 and 35 minutes) at the top of his list of economic priorities, and on Larry Kudlow's radio show cites the dollar again (at 22 minutes).
Yahoo News notes Gingrich’s ability to learn quickly from audiences on the stump.
At NRO, AEI’s Kevin Hassett critiques Rick Santorum’s tax plan.
On The Kudlow Report, Stephen Moore discusses the latest unemployment numbers:
The WSJ analyzes the lower workforce participation rate.
At The American, James Pethokoukis examines the latest unemployment numbers.
The NY Sun dismisses the Fed’s latest initiative to publish the interest rate forecasts of its individual members.
In The NYT, Eammon Fingelton argues Japan is in pretty good shape, and notes its large current account surplus despite a massive rise in the yen’s foreign exchange value.
At The Atlantic, Megan McArdle notes that when loss of benefits and tax credits are accounted for, America’s working poor pays the highest marginal tax rates.
In The NYT Magazine, Adam Davidson explains that Europe’s larger problem is its weak growth rates for decades.
At The WSJ, Cato’s Dan Griswold argues Republicans have missed the economic benefits of immigration:
From New World Economics, Nathan Lewis discusses gold standard operating mechanisms.
The NYT reports US manufacturing’s surprising strength.
In The NYT, Bruce Bartlett examines the federal debt.
Also in The Times, Paul Krugman correctly argues that government debt is irrelevant with faster economic growth but ruins it by suggesting spending stimulus will lead to higher growth.
Weekend edition: Ferrara on Romney's plan; Hassett on Santorum's plan; The Union-Leader on Gingrich's plan.
From Forbes, Peter Ferrara suggests Mitt Romney’s economics plan is too timid to win.
In his column, Larry Kudlow advocates a bolder Republican growth message.
The Manchester Union-Leader praises Newt Gingrich’s economic plan.
Yahoo News notes Gingrich’s ability to learn quickly from audiences on the stump.
At NRO, AEI’s Kevin Hassett critiques Rick Santorum’s tax plan.
On The Kudlow Report, Stephen Moore discusses the latest unemployment numbers:
The WSJ analyzes the lower workforce participation rate.
At The American, James Pethokoukis examines the latest unemployment numbers.
The NY Sun dismisses the Fed’s latest initiative to publish the interest rate forecasts of its individual members.
In The NYT, Eammon Fingelton argues Japan is in pretty good shape, and notes its large current account surplus despite a massive rise in the yen’s foreign exchange value.
At The Atlantic, Megan McArdle notes that when loss of benefits and tax credits are accounted for, America’s working poor pays the highest marginal tax rates.
In The NYT Magazine, Adam Davidson explains that Europe’s larger problem is its weak growth rates for decades.
At The WSJ, Cato’s Dan Griswold argues Republicans have missed the economic benefits of immigration:
From New World Economics, Nathan Lewis discusses gold standard operating mechanisms.
The NYT reports US manufacturing’s surprising strength.
In The NYT, Bruce Bartlett examines the federal debt.
Also in The Times, Paul Krugman correctly argues that government debt is irrelevant with faster economic growth but ruins it by suggesting spending stimulus will lead to higher growth.
In his column, Larry Kudlow advocates a bolder Republican growth message.
The Manchester Union-Leader praises Newt Gingrich’s economic plan.
Yahoo News notes Gingrich’s ability to learn quickly from audiences on the stump.
At NRO, AEI’s Kevin Hassett critiques Rick Santorum’s tax plan.
On The Kudlow Report, Stephen Moore discusses the latest unemployment numbers:
The WSJ analyzes the lower workforce participation rate.
At The American, James Pethokoukis examines the latest unemployment numbers.
The NY Sun dismisses the Fed’s latest initiative to publish the interest rate forecasts of its individual members.
In The NYT, Eammon Fingelton argues Japan is in pretty good shape, and notes its large current account surplus despite a massive rise in the yen’s foreign exchange value.
At The Atlantic, Megan McArdle notes that when loss of benefits and tax credits are accounted for, America’s working poor pays the highest marginal tax rates.
In The NYT Magazine, Adam Davidson explains that Europe’s larger problem is its weak growth rates for decades.
At The WSJ, Cato’s Dan Griswold argues Republicans have missed the economic benefits of immigration:
From New World Economics, Nathan Lewis discusses gold standard operating mechanisms.
The NYT reports US manufacturing’s surprising strength.
In The NYT, Bruce Bartlett examines the federal debt.
Also in The Times, Paul Krugman correctly argues that government debt is irrelevant with faster economic growth but ruins it by suggesting spending stimulus will lead to higher growth.
Wednesday, August 3, 2011
Wednesday summary: Bell in Iowa on the gold standard; Kudlow is optimistic; Ford and Vlasenko say QE raised unemployment.
In a must-read speech in Iowa, Jeff Bell makes the case for returning to the gold standard.
On NRO, Larry Kudlow predicts no recession ahead.
At Forbes, William F. Ford and Polina Vlasenko suggest unemployment would be 6.8% without QE1 and 2.
On The Kudlow Report, Stephen Moore debates the impact of spending cuts:
In The WSJ, Stephen Moore reports an item that could explain the market’s nosedive this week: the budget deal may be based on assumptions that the Bush tax cuts lapse, the AMT expands, and new Obamacare taxes kick in, adding $3.5 trillion to the baseline. This will make maintaining lower taxes additionally difficult, on top of the $1.5 trillion of spending cuts already on the table.
At US News, Peter Roff notes on the coming tax battle.
From The Washington Post, Keynesian Larry Summers recommends raising taxes.
In The WSJ, AEI’s Kevin Hassett argues Keynesian stimulus may work for normal recessions but is ineffective after a financial crisis:
At Southern California Public Radio, American Spectator columnist Ben Stein continues to attack tax cuts and supply-side economics, saying there’s no evidence whatsoever that higher tax rates have any impact on the nation’s growth.
In The NYT, Georgetown’s Joseph McMartin suggests Reagan busting the air traffic controllers’ union led to three decades of weak labor.
On COAL, Paul Krugman cites the gold standard's role in the Great Depression.
The Onion spoofs Ben Bernanke (warning: bad language).
On NRO, Larry Kudlow predicts no recession ahead.
At Forbes, William F. Ford and Polina Vlasenko suggest unemployment would be 6.8% without QE1 and 2.
On The Kudlow Report, Stephen Moore debates the impact of spending cuts:
In The WSJ, Stephen Moore reports an item that could explain the market’s nosedive this week: the budget deal may be based on assumptions that the Bush tax cuts lapse, the AMT expands, and new Obamacare taxes kick in, adding $3.5 trillion to the baseline. This will make maintaining lower taxes additionally difficult, on top of the $1.5 trillion of spending cuts already on the table.
At US News, Peter Roff notes on the coming tax battle.
From The Washington Post, Keynesian Larry Summers recommends raising taxes.
In The WSJ, AEI’s Kevin Hassett argues Keynesian stimulus may work for normal recessions but is ineffective after a financial crisis:
Every stimulus effort has not two but three stages. When the stimulus is imposed, there is some positive short-run increase in GDP. When the stimulus is removed, there is an approximately equal and opposite reduction in GDP. But after that, the stimulus must be paid for with higher taxes or ongoing borrowing—causing a further reduction in GDP. Thus the total impact of the Keynesian policy is negative over its life. This fact is visible even in the fine print of Congressional Budget Office analyses so often cited by stimulus apologists, such as its 2009 finding that the Obama stimulus would reduce output in the long run.
At Southern California Public Radio, American Spectator columnist Ben Stein continues to attack tax cuts and supply-side economics, saying there’s no evidence whatsoever that higher tax rates have any impact on the nation’s growth.
In The NYT, Georgetown’s Joseph McMartin suggests Reagan busting the air traffic controllers’ union led to three decades of weak labor.
On COAL, Paul Krugman cites the gold standard's role in the Great Depression.
The Onion spoofs Ben Bernanke (warning: bad language).
Monday, February 14, 2011
Monday update.
On RCP, U.S. Rep. Paul Ryan (WI), Congress’s leading supply-sider, argues spending restraint is what the economy needs most.
At Forbes, Jeff Bell chides Republicans for focusing on the deficit rather than on the weak and volatile dollar (h/t: Rich Danker).
On The Kudlow Report, U.S. Rep. Ron Paul (TX) talks monetary policy and China:
At Forbes, John Tamny explains the flaws in Fed Chairman Bernanke’s recent inflation comments.
The NY Sun editorializes on James Grant’s warnings about the dollar.
On The Gold Standard Now, Ralph Benko notes that a gold-backed dollar is honest money.
In The WSJ, Stephen Moore summarizes the relative size of recent spending increases:
At Bloomberg, Kevin Hassett applies the Laffer Curve to the corporate income tax.
In The NY Times, Greg Mankiw notes that economic growth is not a zero sum game.
Cato’s Dan Mitchell highlights the Reagan and Clinton presidencies as successful models of how to slow spending relative to growth.
At Forbes, Jeff Bell chides Republicans for focusing on the deficit rather than on the weak and volatile dollar (h/t: Rich Danker).
On The Kudlow Report, U.S. Rep. Ron Paul (TX) talks monetary policy and China:
At Forbes, John Tamny explains the flaws in Fed Chairman Bernanke’s recent inflation comments.
The NY Sun editorializes on James Grant’s warnings about the dollar.
On The Gold Standard Now, Ralph Benko notes that a gold-backed dollar is honest money.
In The WSJ, Stephen Moore summarizes the relative size of recent spending increases:
At Bloomberg, Kevin Hassett applies the Laffer Curve to the corporate income tax.
In The NY Times, Greg Mankiw notes that economic growth is not a zero sum game.
Cato’s Dan Mitchell highlights the Reagan and Clinton presidencies as successful models of how to slow spending relative to growth.
Monday, January 24, 2011
Monday round up.
On The Daily Reckoning, Nathan Lewis notes that wheat is cheap in real terms but expensive due to the low dollar.
At New World Economics, Lewis explains the British gold standard from 1778-1844.
On the Kudlow Report, Stephen Moore debates the President’s plan for big new spending:
In Forbes, John Tamny relieves Nixon Fed Chairman Arthur Burns of responsibility for that era’s dollar devaluation.
On Bloomberg, Kevin Hassett suggests a shift to a consumption-based tax system.
The NY Sun editorializes that if President Obama wants to imitate JFK, he should eschew targeted tax breaks in favor of lower tax rates:
In The Houston Chronicle, Houston branch Federal Reserve Bank Paul Hobby opposes efforts to investigate the Fed saying, “No one who studies the global economic issues today would forfeit this nation's ability to conduct monetary policy through a central bank.”
At The Washington Examiner, Robert Patterson (a friend) cites former Kemp-staffer John Mueller’s argument that lower birth rates have damaged the economy.
At New World Economics, Lewis explains the British gold standard from 1778-1844.
On the Kudlow Report, Stephen Moore debates the President’s plan for big new spending:
In Forbes, John Tamny relieves Nixon Fed Chairman Arthur Burns of responsibility for that era’s dollar devaluation.
On Bloomberg, Kevin Hassett suggests a shift to a consumption-based tax system.
The NY Sun editorializes that if President Obama wants to imitate JFK, he should eschew targeted tax breaks in favor of lower tax rates:
In The Houston Chronicle, Houston branch Federal Reserve Bank Paul Hobby opposes efforts to investigate the Fed saying, “No one who studies the global economic issues today would forfeit this nation's ability to conduct monetary policy through a central bank.”
At The Washington Examiner, Robert Patterson (a friend) cites former Kemp-staffer John Mueller’s argument that lower birth rates have damaged the economy.
Tuesday, December 14, 2010
Monday round up.
On NRO, Larry Kudlow counters Charles Krauthammer on the tax cut deal.
Rush Limbaugh notes the attacks on supply-side economics.
At The Kudlow Report, Larry discusses Fed policy:
On Forbes, John Tamny profiles the producer of the forthcoming Atlas Shrugged film.
At New World Economics, Nathan Lewis analyzes government spending.
In i view magazine, Ermira Kamberi examines Robert Mundell’s call for a global currency.
On MSNBC, Joe Scarborough sees the tax agreement as a victory for “Jack Kemp style supply-side economics,” but bemoans the deficit.
At The WSJ, Stephen Moore reports some conservatives may oppose the tax deal over higher estate tax rates.
On RCM, Benn Steil explains how floating currencies create bubbles and break down the global economy.
On Bloomberg, Kevin Hassett argues Ireland should be allowed to default.
AEI’s resident floating currency advocate says – surprise! – the euro in its present form is doomed, because it restricts nations from devaluing their currencies and therefore defaulting on their debt.
In The Washington Times, Patrice Hill reports on economists who say the US-China current account deficit costs America jobs.
From earlier this year, on the Freeman, David Henderson explains trade deficits are irrelevant.
Rush Limbaugh notes the attacks on supply-side economics.
At The Kudlow Report, Larry discusses Fed policy:
On Forbes, John Tamny profiles the producer of the forthcoming Atlas Shrugged film.
At New World Economics, Nathan Lewis analyzes government spending.
In i view magazine, Ermira Kamberi examines Robert Mundell’s call for a global currency.
On MSNBC, Joe Scarborough sees the tax agreement as a victory for “Jack Kemp style supply-side economics,” but bemoans the deficit.
At The WSJ, Stephen Moore reports some conservatives may oppose the tax deal over higher estate tax rates.
On RCM, Benn Steil explains how floating currencies create bubbles and break down the global economy.
Consider first how the United States and China would interact under a classical gold standard. If the United States sent a dollar to China, China would have to redeem that dollar for American gold. A fall in the U.S. gold stock would necessitate a rise in U.S. interest rates, which would reduce credit growth, reduce prices, and reduce the trade deficit. This is the mechanism by which the gold standard automatically corrected global imbalances.From Cato, Greg Mills suggests that Africa is poor because its economies are illiberal.
Compare this with today's actual monetary structure. When the United States sends a dollar to China, China immediately returns it in the form of a low-interest-rate loan. That dollar is then recycled through the U.S. financial system, causing further credit growth and, critically, no countervailing Federal Reserve action.
The bubbles and imbalances that have marked the past decade-as they did the 1920s-are features of a monetary regime which operates in precisely the opposite fashion as the one which operated during the great globalization of the late nineteenth century. America is not, as Fed chairman Ben Bernanke would have it, a passive victim of "a global savings glut." It should not, therefore, be surprising that bubbles will continue to emerge in one asset market after another, and will continue to burst with damaging consequences.
On Bloomberg, Kevin Hassett argues Ireland should be allowed to default.
AEI’s resident floating currency advocate says – surprise! – the euro in its present form is doomed, because it restricts nations from devaluing their currencies and therefore defaulting on their debt.
In The Washington Times, Patrice Hill reports on economists who say the US-China current account deficit costs America jobs.
From earlier this year, on the Freeman, David Henderson explains trade deficits are irrelevant.
Monday, November 1, 2010
Monday round up.
Bloomberg reports the Federal Reserve will announce $500 billion in new purchases on Wednesday.
Also at Bloomberg, Caroline Baum worries about Fed easing.
On The Kudlow Report, Rand Paul discusses his concerns about the dollar:
At Forbes, John Tamny advocates eliminating tax breaks in order to lower tax rates.
On The John Batchelor Show, Tamny explains why businesses and consumers are holding cash.
At Bloomberg, Kevin Hassett supports divided government.
Also on Kudlow, Larry debates the impact of Tuesday’s election and Wednesday’s Fed meeting on markets:
At Reuters, Justin Fox suggests the deficit increase stems mainly from reduced tax receipts.
On Econlog, Dave Henderson supplements Megan McArdle’s case for abolishing corporate taxes.
At NRO, Alan Reynolds argues California's Prop. 19 is good economics.
Also at Bloomberg, Caroline Baum worries about Fed easing.
On The Kudlow Report, Rand Paul discusses his concerns about the dollar:
At Forbes, John Tamny advocates eliminating tax breaks in order to lower tax rates.
On The John Batchelor Show, Tamny explains why businesses and consumers are holding cash.
At Bloomberg, Kevin Hassett supports divided government.
Also on Kudlow, Larry debates the impact of Tuesday’s election and Wednesday’s Fed meeting on markets:
At Reuters, Justin Fox suggests the deficit increase stems mainly from reduced tax receipts.
On Econlog, Dave Henderson supplements Megan McArdle’s case for abolishing corporate taxes.
At NRO, Alan Reynolds argues California's Prop. 19 is good economics.
Monday, October 4, 2010
Monday updates.
At Bloomberg, AEI’s Kevin Hassett challenges C. Fred Bergsten’s case for revaluing the yuan.
NRO’s editorial board explains the flaws in forcing China to revalue.
On CNBC, Song Seng Wun discusses China’s pledge to buy Greek debt and help stabilize the euro:
In The WSJ, Donald Luskin notes the twin threats of a currency-induced trade war and rising tax rates.
On his blog, China basher Paul Krugman claims mutual currency devaluation accomplishes little.
At Café Hayek, Don Boudreaux notes that if China’s currency is undervalued, it amounts to subsidy to American consumers.
On Daily Markets, Mark Perry suggests worker productivity, not the yuan’s price, is why manufacturing jobs declined. (H/T: Café Hayek)
The NYT reports corporations are borrowing cheap but refraining from spending until the economy improves:
At The Sacramento Bee, Robert Higgs of the Independent Institute posits the recession isn’t rooted in declining demand.
At Forbes, John Tamny argues saving – deferred consumption – is the root of economic progress.
On CNBC, Dan Mitchell debates tax rates.
Also in The Journal, Jeffrey Collins reviews a new Adam Smith biography.
NRO’s editorial board explains the flaws in forcing China to revalue.
On CNBC, Song Seng Wun discusses China’s pledge to buy Greek debt and help stabilize the euro:
In The WSJ, Donald Luskin notes the twin threats of a currency-induced trade war and rising tax rates.
On his blog, China basher Paul Krugman claims mutual currency devaluation accomplishes little.
At Café Hayek, Don Boudreaux notes that if China’s currency is undervalued, it amounts to subsidy to American consumers.
On Daily Markets, Mark Perry suggests worker productivity, not the yuan’s price, is why manufacturing jobs declined. (H/T: Café Hayek)
The NYT reports corporations are borrowing cheap but refraining from spending until the economy improves:
At The Sacramento Bee, Robert Higgs of the Independent Institute posits the recession isn’t rooted in declining demand.
Sure, consumer spending accounts for approximately 70 percent of America's gross domestic product, and increases in consumer spending would provide the economy with an immediate boost. But a drop in consumer spending is not what ails the economy. In fact, as a percentage of GDP, consumer spending actually increased during the downturn, the Commerce Department's Bureau of Economic Analysis reports - from approximately 69.2 percent of GDP in the fourth quarter (October-December) of 2007 to approximately 71 percent of GDP in the April-June quarter of 2009.
So the conventional wisdom - that a sharp decline in consumer spending caused the economy's downturn - is wrong.
What did cause the downturn? The answer is: a sharp decline in private investment.
At Forbes, John Tamny argues saving – deferred consumption – is the root of economic progress.
On CNBC, Dan Mitchell debates tax rates.
Also in The Journal, Jeffrey Collins reviews a new Adam Smith biography.
Smith constructed his masterpiece on a few ingenious insights into the workings of a commercial economy. Where his contemporaries calculated national wealth in terms of gold or agricultural output, Smith measured "opulence" by the flow of consumable goods. The division of labor would accelerate the production of goods, he argued, and render manufacture ever more efficient. The division of labor itself was best determined by markets of self-interested individuals. Markets, in turn, operated best when freed of regulation and interference, thus allowing the value and price of both commodities and labor to align themselves.
Thursday, September 9, 2010
Tuesday items.
The WSJ editorializes that increased regulation and spending, likely tax hikes, and anti-business rhetoric are holding down the economy.
At Asia Times, David Goldman says Obamacare is depressing employment.
On the Kudlow Report, Stephen Moore debates eliminating corporate tax rates:
At The NY Post, Cato's Alan Reynolds argues more spending stimulus will not work.
At Bloomberg, Kevin Hassett suggests lower wages would raise employment.
At Cafe Hayek, Donald J. Boudreaux rebuts the Keynesian claim that World War II spending ended the Great Depression.
Larry Kudlow applauds the President's proposal for 100 percent corporate investment write offs.
Larry Kudlow applauds the President's proposal for 100 percent corporate investment write offs.
Sunday, September 5, 2010
Friday update.
Monday, August 30, 2010
Monday update.
In the Cato Journal, Jude Shelton calls for a new global institution to promote currency stability.
On RCM, Louis Woodhill critiques CBO's Keynesian economic model.
At Commentary, Jennifer Rubin advocates revival of the GOP’s pro-growth wing.
But modern conservatism’s success, both in policy and electorally, did not come from being the green-eye-shade party. It stemmed from an enthusiasm and celebration of free markets and from policies that sought to unleash the potential of individuals, investors, and employers. And it was Reagan whose embrace of supply-side economics, free trade, and modest regulation unleashed an economic boom — and launched a conservative political vision that was inclusive and successful.
At Asia Times, David Goldman supports an export-led recovery.
In Forbes, John Tamny sees high government pay weakening the private sector.
In The WSJ, Harvard's Robert Barro argues unemployment benefits contribute to high unemployment.
U.S. Rep. Paul Ryan (WI) focuses on fiscal deficits in assessing the weak economy.
Keynesian Robert Samuelson diagnoses the demand-side of the economic malaise.
Bloomberg’s Caroline Baum defends Milton Friedman's monetarism.
The WSJ reports on Japan's effort to weaken its currency:
AEI’s Kevin Hassett says Gov. Chris Christie (NJ) is popular because he has cut spending and refused to raise taxes.
Regarding the
10-Year Treasury rate
chart from yesterday's NYT, a longer-term chart makes clear today's rates are close to their pre-Great Inflation level. Also note the lag: rates stayed high well into the 1980s even though gold and CPI had fallen to low-inflation levels.
Subscribe to:
Posts (Atom)