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Wednesday update: Hanke on the fed funds rate; Ranson on tax rate stability; Woodhill on growth.

From Cato, Steve Hanke makes the crucial point that the near-zero percent federal funds rate has created a credit crunch.

On Forbes, David Ranson argues federal revenues are maximized by moderate and stable tax rates.

At Forbes, Louis Woodhill stresses fast growth to get unemployment down.

On The Kudlow Report, Rep. Ron Paul (TX), Wayne Angell, and others debate Fed Chairman Bernanke’s speech:

Newt Gingrich’s website features today’s speech on Federal Reserve reform.

From First Trust, Brian Wesbury sees inflation signs.

At TGSN, Ralph Benko recounts the story of Scottsman John Law’s disastrous experiment with paper money.

In UK’s IB Times, Gabriel Mueller defends the gold standard.

At Bloomberg, Jim Grant offers a terrific critique of the floating dollar system and the Federal Reserve:

In The WSJ, Stephen Moore reports freshman Sen. Marco Rubio (FL) is a top VP contender.

On International Liberty, Dan Mitchell notes that Herbert Hoover was no budget cutter.

From Bloomberg, conservative Keynesian John Taylor highlights Paul Volcker’s policy of floating the fed funds rate while controlling the money supply.

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