Friday Update: Stan Fischer chosen to become Vice Chairman of the Federal Reserve; Petter Ferrara explains why economic growth is more important than income inequality; Nathan Lewis writes the monetary choice we face today is no different than in 1375 A.D.

Politics and Government

From Forbes.com Peter Ferrara explainswhy economic growth is more important than income inequality.

On National Review, Michael Barone revealswhy Texas is growing and Illinois is not.

On Bloomberg, Susanne Walker and Anchalee Worrachate reporthousing is starting to fall.

Monetary Reform

In The WSJ,  Jon Hilsenrath shows how Janet Yellen found her replacement- Stan Fischer.
On Forbes.com, Nathan Lewis writesthe monetary choice we face today is no different than in 1375 A.D.

On TGSN, Ralph Benko discussesJames Narron and David Skeie’s latest Liberty Street Economics post on “The Mississippi Bubble.”


Tax


From Forbes.com, Jerry Bowyer recaps his conversation with Neil Cavuto on the IRS.

Spending

In The WSJ, David Malpass detailshow big government drives inequality.

World

In The Telegraph, Ambrose Evans-Pritchard reports French President Francois Hollande calledfor a new economic strategy based on “supply side” policies.
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