Friday, August 21, 2015

Supply Side News: Art Laffer says there’s been no recovery since the great recession, The Fed’s low interest rates haven’t worked; On The Larry Kudlow Show, Peter Ferrara says 4% growth is possible; John Tamny reviews George Gilder's 21st Century Case For Gold, condemns monetarism

Politics and Government

On The Larry Kudlow Show, Peter Ferrara says 4% growth is possible. 

The Clash Of The Donalds: The NY Sun opines thoughtfully, on Donald Boudreaux calling Donald Trump an "economic imbecile.”

Jake Sherman and Burgess Everett in Politico report "Congress faces fall from hell."  Coming up:  the FAA; highway trust fund; CRs, raising the debt limit, Ex-Im bank....  And MORE.

Monetary Policy

On Fox Business, Art Laffer says there’s been no recovery since the great recession, The Fed’s low interest rates haven’t worked. 

John Tamny at Forbes.com reviews George Gilder's 21st Century Case For Gold, praises Steve Forbes, condemns monetarism.

From Forbes.com, Steve Forbes asks if China is becoming Japan. 

The Jackson Hole News and Guide features the dueling monetary conferences between the Federal Reserve and American Principles Project upcoming in Jackson Hole, Wyoming. 

St. Louis Fed official says no evidence QE boosted economy. 

Tuesday, August 18, 2015

Supply Side News: Stephen Moore explains why Hillary’s college tuition plan won’t work; Bob Patterson demolishes Gov. Christie's attack on social security, advises him to seek counsel from Larry Kudlow; Ralph Benko asks if the Fed is always wrong, how can its policies ever be right?

Politics and Government

Bob Patterson in The Washington Times, demolishes Gov. Christie's attack on social security, advises him to seek counsel from Larry Kudlow.

In The Washington Post, Jared Bernstein writes the economy was excluded from the first Republican debate. 

Monetary Policy

At Forbes.com,  Ralph Benko asks if the Fed is always wrong, how can its policies ever be right?

In The Hill, Judy Shelton says its time to restore sanity to the world’s monetary policy. 

At Newsmax, Steve Forbes says the quicker the Fed raises rates, the better.

In The WSJ, Jon Hilsenrath and Nick Timiraos write the Fed lacks ammo to deal with an economic downturn. 

Spending

In The Washington Times, Stephen Moore explains why Hillary’s college tuition plan won’t work. 

Supply Side News: Stephen Moore explains why Hillary’s college tuition plan won’t work; Bob Patterson demolishes Gov. Christie's attack on social security, advises him to seek counsel from Larry Kudlow; Ralph Benko asks if the Fed is always wrong, how can its policies ever be right?

Politics and Government

Bob Patterson in The Washington Times, demolishes Gov. Christie's attack on social security, advises him to seek counsel from Larry Kudlow.

In The Washington Post, Jared Bernstein writes the economy was excluded from the first Republican debate. 

Monetary Policy

In The Hill, Judy Shelton says its time to restore sanity to the world’s monetary policy. 

At Forbes.com,  Ralph Benko asks if the Fed is always wrong, how can its policies ever be right?

At Newsmax, Steve Forbes says the quicker the Fed raises rates, the better.

In The WSJ, Jon Hilsenrath and Nick Timiraos write the Fed lacks ammo to deal with an economic downturn. 

Spending


In The Washington Times, Stephen Moore explains why Hillary’s college tuition plan won’t work. 

Friday, August 14, 2015

Supply Side News: Steve Forbes says the GOP debate missed key economic issues; John Tamny writes China and North Korea are attempting to block out reality; Keynes's definitive biographer (and prominent Keynsian) Lord Skidelsky calls QE a failure.

Politics and Government

Steve Forbes writes in Forbes: Gad! In GOP Debate Three Big Issues Virtually Ignored: Obamacare, Taxes, And The Fed

Monetary Policy

At Forbes.com, John Tamny writes China and North Korea are attempting to block out reality. 

Keynes's definitive biographer (and prominent Keynsian) Lord Skidelsky calls the Fed's QE a policy failure: "The actual recovery measures we've taken, particularly quantitative easing, have actually skewed the recovery towards asset buying and real estate...."

Cato's Dr. George Selgin, at Alt-M.org, delivers a brilliant response to Narron and Morgan's recent Crisis Chroniclein the NY Fed's Liberty Street Economics on The California Gold Rush and the Gold Standard.

At IBD Cato's Dr. James Dorn drives (another) stake through the heart of Macroeconomics' own Walking Dead: the Phillips Curve.  The Thing That Couldn't Die!

In The Washington Post, Ylan Mui shows how protestors plan to take on The Fed. 

In The WSJ, Ben Leubsdorf discusses a new Wall Street Journal poll showing 82% of economists surveyed believe The Fed will hike rates in September. 

Monday, August 10, 2015

Supply Side News: Larry Kudlow writes Smoot-Trump falters as GOP ducks economy in the opening arguments; Ralph Benko builds on Larry Kudlow's analysis of how GOP presidential candidates are balking at presenting a strong, credible, economic growth message, attributing the cause to "The Money-Empathy Gap."

Politics and Government

At Real Clear Politics, Larry Kudlow writes Smoot-Trump falters as GOP ducks economy in the opening arguments; On CNBC, Larry Kudlow criticizes Donald Trump’s protectionist remarks.

Ralph Benko at Forbes.com builds on Larry Kudlow's analysis of how GOP presidential candidates are balking at presenting a strong, credible, economic growth message, attributing the cause to "The Money-Empathy Gap."

Monetary Policy

At Liberty Street Economics, James Narron and Don Morgan discuss the California gold rush and the gold standard. 

Tax

From The Daily Signal, Kate Scanlon covers Marco Rubio’s remarks on why we need tax reform. 

Regulatory Reform

In The Washington Times, Stephen Moore writes conservative coal towns are being destroyed by President Obama’s regulations. 

From Forbes.com, Norbert Michel debunks the myth of financial deregulation. 

Thursday, August 6, 2015

Supply Side News: MarketWatch publishes the Committee to Unleash Prosperity’s launch release; Art Laffer discusses the economic fault lines in tonight’s GOP debate; Steve Forbes says a rate hike will allow credit markets to work again; Stephen Moore dispels 5 myths about capital gains taxes.

Politics and Government

MarketWatch publishes the Committee to Unleash Prosperity’s launch release. 

In The Washington Examiner, Joseph Lawler previews tonights debate; Art Laffer discusses the economic fault lines; 

John Aziz writes: the economic benefits of migration — it's estimated that completely open borders would roughly double global GDP via more efficient matching of workers and firms

From Forbes.com, Simon Constable lists ten things you don’t know about Governor Perry, covers the Committee to Unleash Prosperity’s recent event:

Texas Governor Rick Perry was at the Yale Club in New York City Wednesday speaking at a launch meeting of the Committee to Unleash Prosperity. Also at the meeting were CNBC’s Larry Kudlow, former presidential candidate Steve Forbes, The Heritage Foundation’s Steve Moore, and former NYC mayoral candidate John Catsimatidis.

Kudlow and Moore, along with economist Art Laffer, are founding members of the Cmte. which is meant to “end America’s growth slump and restore faith in the American Dream,” according to a written statement about the group.

The Washington Examiner covers Governor Perry’s luncheon, discusses Committee to Unleash Prosperity’s partnership with Freedomworks’ grassroots members. 

Wonkblog praises Gov. Perry for joining the Warren/Sanders camp, getting far to Hillary's left, in attacking Wall Street.

On CNBC, Larry Kudlow evaluates Donald Trump’s supply side credentials. 

From Forbes.com, Ralph Benko describes Donald Trump’s ascendence as Pinot Noir. 

Monetary Policy

Steve Forbes says a rate hike will allow credit markets to work again. 

Matthew Zimburg at SeeItMarket on a brief tour of the history of gold during and after the gold standard.

Tax

From Investors Business Daily, Stephen Moore writes Reagan’s tax-cutting legacy is still valid today, 

In The Washington Times, Stephen Moore dispels 5 myths about capital gains taxes. 

Regulatory

In The WSJ, Stephen Moore laments the demise of the small bank. 

World

At Cato, Professor Hanke writes the IMF is wrong again. 

Tuesday, August 4, 2015

***Special Edition TSS*** Centennial Monetary Commission Passes House Financial Services Committee.

In The Hill, Ralph Benko says Democrats should join, not boycott, the ‘Monetary Policy Olympics’ 

Democrats, if you believe in your own cause, embrace the Commission. Compete in, don’t boycott, the Monetary Policy Olympics.  Let’s see what you’ve got. And may the best monetary policy — and America — win!

From Natalie Johnson at The Daily Signal:

"Without a binding rule, a discretionary central bank will always give us higher inflation without any gain in employment," said Norbert Michel, a research fellow in financial regulations for The Heritage Foundation.


What is the Commission and why should you care? It’s being constituted to take an empirical look at the Federal Reserve’s policies over the past 100 years and identify which policies most correlate with good job creation and a thriving economy. Under the Commission—All monetary rules get studied, no favorites

From The NY Sun:

What we like about this bill is that it lays this question where it belongs: the Congress of the United States. No central bank can be expected to examine its own performance. The universities did not create the Fed. The question of the Federal Reserve belongs in the body to which the Constitution grants the enumerated monetary powers. The Congress is the body that created the Fed, and it is the only body that can revise its mandates.