From Cato, Alan Reynolds responds to Larry Summers’ call
for more government spending.
At Alhambra Partners, Joe Calhoun sees the dollar bouncing
back and forth between inflation and deflation. For the record, here’s my
column of last year on Robert Mundell’s similar view.
On Forbes, Brian Domitrovic critiques the President for
doing nothing that would improve the economy.
The Daily Callerinterviews Steve Forbes on Mitt Romney’s
record at Bain Capital:
At RCM, John Tamny suggests fear of QE3, not bad
unemployment numbers, is responsible for the market’s decline.
From The Atlas Sound Money Project, Devin Roundtree
argues QE3 is already underway.
At Forbes, Charles Kadlec critiques the President’s economic
policies.
In The WSJ, Robert Barro analyzes the economy’s malaise.
From The Washington Times, Richard Rahn covers efforts to
impose global taxes.
In The WSJ, Roger Lowenstein reviews a book on the
depression of 1837.
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 Sunrecounts 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 19th century financial panics. The NYTreports 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.
From The WSJ, David Malpass suggests Greece’s departure from the euro will be a benefit primarily for currency traders.
In Forbes, Nathan Lewis argues the dollar/gold price should be set at $1600.
At RCM, John Tamny blames Eliot Spitzer’s harassment of tech investors for Facebook’s IPO difficulties. On The Kudlow Report, James Pethokoukis debates the deficit:
In The WSJ, Paul Rubin explains to the President that profits direct markets to better serve consumers.
From Forbes, Brian Domitrovic advises Europe to learn from its past exchange rate chaos.
At Globe Asia, Steve Hanke argues contracting money growth, not fiscal austerity, is causing today’s economic difficulties.
On The Kudlow Report, Sen. Ron Johnson (WI) discusses bi-partisan tax and budget compromise:
At RCM, John Tamny suggests the dollar should rise to return the gold price to its ten-year average of $800/oz.
From Alhambra Partners, Joe Calhoun supports spending austerity and low tax rates. In The Washington Times, Richard Rahn advocates less government spending.
From Forbes, Ralph Benko and Charles Kadlec applaud Herman Cain’s new book for its focus on the gold standard.
In The WSJ, Edward Lazear argues the supply-side view of austerity – cut spending, keep taxes low -- is correct. At Cato, Alan Reynolds explains that today’s higher executive pay is due mainly to past tax reforms thatreduce penalties for declaring income. On The Kudlow Report, Stephen Moore discusses austerity vs. stimulus:
In Forbes, John Tamny opposes the estate tax. The NY Sunrecounts the history of the Federal Reserve's founding. On The Daily Beast, David Frum highlights Charles Kadlec debating the gold standard. In The WSJ, Stephen Moore notes strong poll numbers for Gov. Scott Walker (WI). At PJ Media, David Goldman applauds Germany for insisting upon Greek budget cuts. In The WSJ, Matthew Sinclair outlines ideas for British tax reform. From Heritage, Rob Bluey summarizes the 2013 tax increases.
In The Washington Times, Richard Rahn debunks claims that JP Morgan’s loss proves the need for more financial regulation. On The Kudlow Report, Art Laffer discusses California’s tax hike plan. California Lt. Gov. Gavin Newsome sound surprisingly supply-side:
At Forbes, Ralph Benko highlightsDebacle by Grover Norquist and John Lott, Jr. From TGSN, Benko suggests Wonder Woman’s lasso is a parable for the gold standard. On International Liberty, Dan Mitchell parodies a recent Time magazine cover. At Seeking Alpha, Hale Stewart argues Keynesian stimulus, not supply-side economics, is what the economy needs.
From The WSJ, Herman Cain argues for a dollar as good as gold.
In The WSJ, John Snow highlights the danger of Taxmaggedon. On The Kudlow Report, David Goldman discusses the rising dollar and market slump:
The China Timesreports Robert Mundell advocating a world currency. From Forbes, John Tamny applauds a Facebook founder for renouncing his US citizenship. Stephen Moore notes the Obama Administration’s opposition to coal. At The WSJ, James Freeman suggests JP Morgan’s investment losses didn’t violate any rules.
In The NY Sun, Ira Stoll reports support for Mitt Romney from smaller financial firms.
From Forbes, Nathan Lewis outlines how to transition to a gold standard.
At PJ Media, David Goldman explains that a trade deficit nation like Greece is different from a trade surplus nation like Argentina. In a speech, John Tamny compares the Great Depression to the current era. On The Kudlow Report, Stephen Moore opposes sugar taxes:
At Forbes, Peter Ferrara defends US Rep. Paul Ryan (WI) from Catholic claims his budget proposal violates Church teaching. In The WSJ, Stephen Moore reports on the Texas GOP primary. From Project Syndicate, Barry Eichengreen suggests the eurozone will survive if it has the will to devalue. On Fiscal Times, Bruce Bartlett applauds the rich as earlier adopters of technology.
From Forbes, Ralph Benko reports congressional sound money legislation.
At RCM, Louis Woodhill explains the terrible employment data. In Forbes, John Tamny analyzes the problem of reliance on GDP. On The Kudlow Report, Benn Steil discusses the eurozone crisis:
At The WSJ, James Bovard highlights efforts to create a happiness index to replace weak GDP statistics. From PJ Media, David Goldman explains declining labor force participation. On RCM, Keynesian Paul Samuelson sides with Ben Bernanke over Paul Krugman on inflation. At RCM, Bill Frezza notes the negative economic consequences of restrictive immigration policy. The Mises Institute features Robert Wenzel’s NY Fed speech, in which he cites his warning of the dramatic monetary tightening of summer 2008:
After growing at near double digit rates for months, money growth has slowed dramatically. Annualized money growth over the last 3 months is only 5.2 percent. Over the last two months, there has been zero growth in the M2NSA money measure.
This is something that must be watched carefully. If such a dramatic slowdown continues, a severe recession is inevitable.
We have never seen such a dramatic change in money supply growth from a double digit climb to 5 percent growth. Does Bernanke have any clue as to what the hell he is doing?
The WSJsuggests the new French president follow German chancellor Gerhard Schroder’s example.
At The NYT, Paul Krugman advocates breaking up the euro.
In The WSJ, Jon Huntsman notes the Chinese government’s profound economic insecurity.
The NY Sunopposes Keynesian Paul Krugman’s call for increased inflation.
At Forbes, Ralph Benko repudiates Occupy Wall Street’s embrace of class warfare socialism. On Bloomberg TV, US Rep. Ron Paul debates Krugman:
In Forbes, John Tamny rues efforts to eliminate expensive healthcare. On his blog, Scott Grannis suggests slow growth is due to government spending offsetting productive investment. At City Journal, Herbert London reviews Jeff Bell’s The Case for Polarized Politics. The Economistexplains that global current account imbalances are largely due to oil exports. Free Market America goes viral with its environmental critique, “If I Wanted America to Fail”:
In The WSJ, Mary O’Grady reports on rising leftwing populism in Chile.
From Forbes, Charles Kadlec highlights Obama economist Christina Romer’s scholarly writing on the negative impact of tax increases.
The WSJnotes 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 Todaydredges up hoary misconceptions about the gold standard.
From Forbes, Nathan Lewis explains the simplicity of gold-linked money.
On RCM, Bill Frezza argues supply-side critics are wrong to oppose sound money.
The NY Sunhighlights the decline in confidence in the Federal Reserve even as it becomes more transparent.
On The Kudlow Report, Home Depot Bernie Marcus debates the free enterprise system:
In Forbes, John Tamny critiques a TV show’s bad economics about China and US treasuries. From FT/Alphaville, Izabella Kaminska notes the world’s move to gold as safe collateral. In The Weekly Standard, Bill Kristol predicts Mitt Romney will win the presidency if he focuses on issues. At The WSJ, Bill McGurn blames the tax code for a significant increase in US expatriates renouncing their citizenship.
In The WSJ, Stephen Moore reports on Orrin Hatch’s (UT) Tea party primary opponent.
From The WSJ, Grover Norquist argues tax increases on the rich trickle down to the middle class.
In The NY Sun, Ira Stoll suggests President Obama’s tax increase policy leaves him politically vulnerable.
At The WSJ, Stephen Moore reports the Buffett Rule’s defeat in the Senate but notes Democratic pledges to keep pushing it.
In The American, Steve Conover explains the Buffett Tax would hit older people disproportionately.
On The Kudlow Report, Mitt Romney discusses tax policy, the Fed, and oil:
At RCM, John Tamny criticizes Romney’s tax and monetary positions. In IBD, Art Laffer highlights the failure of California’s soak-the-rich approach. At The Washington Times, Richard Rahn explains the wealthy have great capacity to determine how much tax to pay. From Alhambra Partners, Joe Calhoun sees the market moderating in response to modest economic growth. The San Francisco Chroniclefeatures an Investopedia article that notes that as tax rates rise the rich may not work less but do find ways to offset their taxable income. From The Victory Corp, John Tamny discusses Herman Cain’s tax plan and Rick Santorum. At Reason, Shikha Dalmia suggests John Maynard Keynes may have been a closet supply-sider. In The NYT, Bruce Bartlett notes that businesses startups do create most new jobs but suggests tax cuts won’t do much to help.
