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Policy and Government

Arthur Laffer: We should index capital gains for inflation.

In the NY Post, James Carter and Peter Roff says Senator Schumer was a huge fan of indexing capital gains to inflation…until he wasn’t.

Sage Against the Machine: George Gilder on why the era of “Big Data” is over.

William H. Janeway at Project Syndicate makes the case that information and communication technology are comparable to railroads and electrification for creating prosperity.

In the Washington Examiner, Dick Patton believes Brett Kavanaugh will be good for property rights.

Monetary

From Forbes.com, Brian Domitrovic explains why devaluation doesn’t help trade.

Dan Mitchell calls monetary policy the wild card of economic growth.

From Forbes.com, Steve Hanke channels Milton Freidman on inflation.

World

From Forbes.com, Steve Hanke says President Xi’s nightmare is currency instability.