Lawrence White explores the moral hazards inducing mainstream economists to prefer central bank currency management to gold.

Policy and Government

On CNBC, Larry Kudlow says President Trump’s economic policies are popular.

Monetary

In a tour de force analysis at Cato’s Alt-M.org, George Mason University Prof. Lawrence White explores the strong priors and moral hazards that induce most mainstream economists to prefer central bank currency management to the gold standard … notwithstanding that the real world economic track record of the classical gold standard for general prosperity and other indicators is consistently better than that of the Fed.

Bloomberg says the Fed needs to tell investors what it plans to do with its balance sheet.

Tax

On CNN, Grover Norquist explains why tax reform will change the world.

Regulatory

At CEI, Clyde Wayne Crews praises Trump’s accomplishments on the regulatory front.

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