Showing posts with label Worstall. Show all posts
Showing posts with label Worstall. Show all posts

Sunday, April 29, 2012

Weekend edition: Domitrovic on Keynesian stimulus; Chapman on QE3; Bernanke responds to Krugman.

At City Journal, Brian Domitrovic critiques Noam Scheiber’s claim that recent Keynesian spending stimuli failed because they were too small.

From Alhambra Partners, John Chapman responds to calls for a third round of quantitative easing from the Fed.

At Forbes, Tim Worstall suggests the eurozone cannot work without fiscal transfers between rich and poor states.

Bloomberg reports Ben Bernanke’s public rejection of Paul Krugman’s call for higher inflation. Neither mentions the impact of the dollar’s seesawing exchange rate on inflation/deflation pressures.



The WSJ notes the recovery’s slow pace.

At The American, James Pethokoukis rebuts Paul Krugman’s attack on fiscal austerity.

From Forbes, Jerry Bowyer argues the US is declining, but not as fast as doomsayers like Glenn Beck imagine.

At The American, Joel Kotkin, Mark Schill and Ryan Streeter highlight positive economic trends in the Midwest.

In Forbes, Peter Ferrara designates Wisconsin’s public employee unions an aristocracy.

On The Kudlow Report, a panel discusses the weaker-than-expected GDP numbers:



At Philanthropy Daily, Scott Walter notes the downside of religions partnering with governments.

From Fiscal Times, Bruce Bartlett critiques the President’s scapegoating of oil speculators.

Sunday, April 8, 2012

Weekend edition: Lewis on current account deficits; IBD on the dollar and oil; Brannon on capital gains taxes.

From Forbes, Nathan Lewis suggests huge, permanent current account deficits are no problem.

IBD links the dollar’s foreign exchange value and the oil price.

At Forbes, Ike Brannon argues low taxes on capital gains and dividends are essential to productivity and wage growth.

On CNBC, former US Sen. Jim Talent (MO) discusses Mitt Romney’s ties to US Rep. Paul Ryan’s (WI) budget plan:



In The WSJ, Phil Gramm and Steve McMillin note the US has the most progressive tax system in the world.

At TGSN, Ralph Benko reports new data that suggests Milton Friedman drastically overestimated the gold standard’s cost.

From The Gatestone Institute, David Goldman links oil prices to the S&P.

At The American, James Pethokoukis highlights the weaken-than-expected March employment figures.

In Forbes, Peter Ferrara predicts the Supreme Court will strike down Obamacare.

The WSJ quotes the great Henry Hazlitt on the dangers of even a mild inflation.

In The WSJ, Ronald Coase and Nina Wang explain China’s success is due to liberalization not state control.

On Forbes, Tim Worstall notes rumors of a currency union between Australia and New Zealand.

In The WSJ, Antonis Samaras reports the dire effect on Greece of contraction plus austerity.

In Forbes, Steve Forbes highlights the Chinese highway partnership between public and private sectors.

At Bloomberg, Forbes critiques the US Federal Reserve:



In The NYT, Paul Krugman derides inflation hawks:
For at least three years, right-wing economists, pundits and politicians have been warning that runaway inflation is just around the corner, and they keep being wrong. Do you remember the tirades about “debasing the dollar” around this time last year? Do you remember the scorn heaped on Mr. Bernanke last spring when he argued that the bulge in inflation taking place at the time was just a temporary blip caused by gasoline prices and would soon recede? Well, he was right. At this point, inflation is once again running a bit below the Fed’s self-declared target of 2 percent.
At Fiscal Times, Bruce Bartlett suggests earmarks are less important than some conservatives suggest.

Thursday, August 18, 2011

Thursday round up: Perry wants greater Fed transparency; Laffer chides Laffer; Kudlow sees the M2 rise as deflationary.

The NY Sun praises Gov. Rick Perry’s (TX) Federal Reserve criticism but hopes he will deepen his analysis.

In USA Today, Jeff Bell lauds Perry’s comments.

The WSJ commends Perry for taking a hard money stance.

Meanwhile, The Washington Post quotes Perry sounding defensive about his comment and explaining that his main desire is for greater Fed transparency.

On Squawk Box, Art Laffer chides Warren Buffett and provides a primer on his famous curve:




At Forbes, Tim Worstall rebuts Buffett’s tax argument.

On NRO, Larry Kudlow suggests the sharp rise in M2 suggests deflationary hedging against European banks.

From Forbes, Louis Woodhill explains why a 10 to 1 spending-cut-to-tax-increase ratio would still be a bad deal.

In The WSJ, Stephen Moore notes the President blaming world events and Republicans for the weak economy.

On The Kudlow Report, David Malpass discusses today’s market tumble and Europe’s banks:




Gold Standard 2012 features an International Economy article by Jeff Bell on the dollar and gold.

At Fox News, Rich Danker notes Venezuela’s nationalizing of its gold industry.

CNN reports US Rep. Michelle Bachmann (MN) promising to bring gas back to $2 per gallon.

On Forbes, John Tamny finds economic lessons in a book on the restaurant business.

At International Liberty, Dan Mitchell analyzes strange Keynesian arguments.