At City Journal, Brian Domitrovic critiques Noam Scheiber’s claim that recent Keynesian spending stimuli failed because they were too small.
From Alhambra Partners, John Chapman responds to calls for a third round of quantitative easing from the Fed.
At Forbes, Tim Worstall suggests the eurozone cannot work without fiscal transfers between rich and poor states.
Bloomberg reports Ben Bernanke’s public rejection of Paul Krugman’s call for higher inflation. Neither mentions the impact of the dollar’s seesawing exchange rate on inflation/deflation pressures.
The WSJ notes the recovery’s slow pace.
At The American, James Pethokoukis rebuts Paul Krugman’s attack on fiscal austerity.
From Forbes, Jerry Bowyer argues the US is declining, but not as fast as doomsayers like Glenn Beck imagine.
At The American, Joel Kotkin, Mark Schill and Ryan Streeter highlight positive economic trends in the Midwest.
In Forbes, Peter Ferrara designates Wisconsin’s public employee unions an aristocracy.
On The Kudlow Report, a panel discusses the weaker-than-expected GDP numbers: