Holiday week round up: Gingrich adopts a strong supply-side agenda and Laffer endorses; Ferrara on the President's Osawatomie, KS speech; Domitrovic on the Fed's third mandate.

From The WSJ, Newt Gingrich outlines his supply-side agenda including monetary reform:

Second, the dollar needs to be stabilized by establishing a price rule for the Federal Reserve to follow in its conduct of monetary policy. This will help stabilize international exchange rates, resolve the ongoing cycles of global financial crises and investment bubbles, short-circuit the run-up in gas and food prices, and unlock the frozen credit system.

On The Kudlow Report, Gingrich discusses his plan:



Human Events reports Art Laffer and Michael Reagan endorsing Newt Gingrich’s supply-side plan.

At Forbes, Steve Forbes argues President Obama will be a one-term president.

From Forbes, Peter Ferrara critiques the President’s attack on supply-side economics.

On Fox News, Laffer discusses his support for Gingrich:

 

From Forbes, Brian Domitrovic suggests the Federal Reserve has a third, secret mandate to fund the government’s debt.

On CNBC, John Carney cites Jude Wanniski’s Two-Santa Theory to criticize Republican handling of the payroll tax holiday.

At IBD, Walter Williams rebuts China bashers.

From Human Events, Larry Kudlow profiles US Rep. Paul Ryan (WI) as man of the year.

At Forbes, Bret Swanson critiques the Obama Administration’s focus on increasing consumption.

On Kudlow, Steve Forbes discusses the GOP race:



From TGSN, Larry White explains how to transition to a gold-linked dollar.

In The WSJ, Robert Guest outlines the positive contribution high-skill immigrants make to the US economy.

On Forbes, Louis Woodhill suggests the payroll tax holiday is bad for the economy.

At TGSN, Ralph Benko quotes Isabel Patterson on Isaac Newton’s role in defining the British pound as a weight of gold.

On The Larry Parks Show, The American Principles Project’s Sean Feiler discusses the weak dollar’s role in workers’ declining wages.

From Bloomberg, Robert Mundell applauds the ECB’s recent monetary expansion:


The WSJ profiles Gov. Romney, noting possible support for a Value Added Tax.

At TGSN, Ralph Benko wishes the Federal Reserve happy birthday.

In The WSJ, Stanford’s John Taylor argues for tax rate stability.

Weekend edition: Mundell on global currency; Williams and Moore on benefits for the rich; Woodhill on the unemployment report.

Thailand’s The Nation reports supply-side guru Robert Mundell arguing for a global currency.

In Forbes, Louis Woodhill debunks optimism about the latest unemployment report.

In The WSJ, Walter Williams and Stephen Moore argue for cutting government benefits to the rich, rather than raising taxes:

The much bigger fiscal drain from the wealthy is on the federal expenditure side of the budget ledger: tens of billions each year in grants, loans, subsidies, guarantees and benefits pocketed each year by wealthy Americans as individuals and firms. Any campaign to downsize big government will only succeed if the needed deep cuts in spending are deemed by voters as equitable. In an era of $1 trillion-plus deficits and a $15 trillion national debt, we would like to think that a national consensus could be reached to eliminate handouts to individuals and companies with net incomes above $1 million.

On The Kudlow Report, Stephen Moore discusses the NLRB’s decision to drop its case against Boeing:

 

At America Now with Andy Dean, Cato’s Alan Reynolds discusses his recent WSJ op-ed on the top 1%.

From The Atlas Sound Money Project, Nicolas Cachanosky defends the gold standard.

At The Council on Foreign Relations, Benn Steil refutes Brad Delong’s claim that the ECB will print its way out of the EU’s debt crisis.

On Activist Post, David Redick proposes gold to save the euro (h/t: Ralph Benko).

In Forbes, Ken Rapoza quotes Bretton Woods Research’s Vlad Signorelli on China’s lower inflation and economic weakness.

The WSJ notes the weakening yuan.

On Fox Business, Steve Forbes discusses the European crisis and bailout possibilities:



The WSJ argues Europe won’t restore growth with higher tax rates.

At Cato Unbound, a monetarist, Keynesian, and an Austrian debate whether the economy is caught in a liquidity trap.

Wednesday update.

On Forbes, historian Brian Domitrovic explains the 1970s were lousy for low income people, even though taxes on the rich were high.

At New World Economics, Nathan Lewis analyzes gold's continued rise.

On The Kudlow Report, John Rutledge debates China’s trade policies with super-hawk Peter Navarro and a fired-up Larry:




At Fox Business News, Stephen Moore argues US tax and regulatory policy are driving jobs overseas.

In The WSJ, David Wessel reports the President is proceeding with tax reform (hat tip: The Kudlow Report).

Also from The Journal, Hugo Restall notes inflation’s impact on China’s housing market.

On CNBC, Stephen Moore debates winners and losers in 2010:




On IBD, Walter Williams opposes fair trade.

At an Asia Society event next month, Nobel Laureate Robert Mundell will answer, “Is Gold the Answer to Currency Wars and Unstable Exchange Rates?”

On NRO, U.S. Rep. Ron Paul (R-TX) explains his views.

NRO: So your goal is to end the federal government’s monopoly over currency, essentially.

PAUL: That is it. It has monopoly control over supply of money and credit. And it was never meant to be that way. Under the gold standard, the supply of money is dependent on the market and the interest rates are dependent on savings rather than the Fed dictating the interest rate.

When I first came to Congress in the Seventies, gold wasn’t even allowed be owned. It was ’75 or ’76 when it became legal again. And some people used gold as a protection back then. It was $35 an ounce and now, look, its $1,400 an ounce. So it’s a system that deserves our attention.