Thursday round up: Tarapore, Forbes and Kudlow on gold; Ferrara on the dollar's role in the mortgage crisis; Malpass on the IMF.

From The Hindu Business Line, S.S. Tarapore suggests the world is moving back to gold as money.

At Forbes, Steve Forbes advises the GOP presidential candidates to highlight the need to relink the dollar to gold.

From NRO, Larry Kudlow suggests the IMF focus on increasing world growth, including gold-backed money.

On The Kudlow Report, David Malpass discusses the IMF:




At Forbes, Louis Woodhill argues Paul Ryan’s budget proposal is flawed and that a new plan for fast growth should be adopted instead.

On Forbes, Peter Ferrara notes the weak dollar’s role in the subprime and financial crises.

The AEI Political Report highlights negative poll numbers on the economy.

In The Washington Post, Ezra Klein suggests higher taxes wouldn’t retard economic growth.

At The Orlando Advocate Online, Paul Evans argues supply-side economics has been discredited.

Friday items.

At The Gold Standard Now, Ralph Benko examines the Triffin Dilemma and how a gold standard would solve it.

CNN reports the IMF's call for a dollar alternative. (Hat tip: Dan Clifton, Strategas Research Partners.)

Gulf News suggests Robert Mundell supports moving away from the dollar as reserve currency.

On The Kudlow Report, Stephen Moore discusses the economy’s strength:



From Forbes, Bill Flax argues supply-side economics’ flaw is that it brings in too much revenue.

At RCM, Keynesian Robert Samuelson correctly concludes that President Reagan’s greatest economic achievement was defeating inflation, but gives Fed Chairman Volcker more credit than he deserves (see last night’s Domitrovic item), and downplays the impact of lower tax rates.

Youtube provides the new Atlas Shrugged movie trailer:



In Forbes, Reuven Brenner notes Social Security may alter the relationship of children and parents.

At The NYT, Paul Krugman derides U.S. Reps. Paul Ryan (WI) and Ron Paul (TX) for advocating sound money.

Weekend items.

Nathan Lewis looks at the impact of tax increases during the Great Depression.

From last week, Lewis examines middle class decline.

I made a similar argument last month.

The WSJ editorializes that Keynesian spending has come to a dead end.

The Economist argues too much borrowing is the root of world economic troubles.

Larry Kudlow features Steve Moore and James Galbraith, in which Galbraith makes a good point:

The IMF has a study on [deficits] covering the whole G-20 which shows that over half of the increase in deficits since the crisis is due to collapsing tax revenues. Less than 10 percent is due to increasing spending. A very large additional share is due to the very low rate of growth in relation to interest payments on national debts.... [Deficits are] an artifact of the financial crisis, it's not because governments have gone whole hog on spending programs; they haven't done that.

Steve Hanke opposes exchange rate controls.

Jonathan Chait suggests Republicans often sell tax cuts in Keynesian terms.

U.S. Rep. Paul Ryan (R-WI) criticizes Congress for not passing a budget.

Reason's Tim Cavanugh says Paul Krugman's economics have been proven wrong.