Stephen Moore: The media is trying to distract us from the success of Trumponomics.

Policy and Government

Stephen Moore: The media is trying to distract us from the success of Trumponomics.

Axios reports Larry Kudlow fears President Trump’s auto tariffs will kill American jobs.

FEE discusses the benefits of free trade.

Justin Fox at the New York Times reviewing Robert Kuttner’s “Can Democracy Survive Global Capitalism” reminds us that the cover review in the New York Times Book Review cover by “Nicholas Lemann compared Kuttner’s “Everything For Sale” favorably to such epoch-defining and -changing works as Adolf A. Berle and Gardiner Means’s “The Modern Corporation and Private Property,” John Kenneth Galbraith’s “The Affluent Society” and Jude Wanniski’s “How [sic] the World Works.”

George Soros sees danger in the world economy.

Monetary

At Bloomberg, Part 4 of the excerpts from Sebastian Edwards’s American Default, about what Keynes called “the gold standard on the booze.”

In the WSJ, Jim Grant reviews Sebastian Edwards’ book “American Default”.

From Forbes.com, Steve Hanke writes FDR was the architect of monetary madness.

Steve Hanke at ZeroHedge on how “The Grim Reaper has taken his scythe to the Iranian rial … and Iran’s … inflation rate has surged to an annual rate of 74.8%”.

At Project Syndicate, Robert Shiller discusses the appeal of crypto currency.

Spending

From Forbes.com, John Tamny asks if a ‘guaranteed job’ is the best that Democrats can do.

World

The WSJ covers Italy’s bond market meltdown.

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