Politics and Government
Noah Smith, at Bloomberg, and David A. Graham, at The Atlantic, attack Jeb Bush’s call for 4% growth.
From Forbes.com, Ralph Benko writes Jeb Bush has made a grand entrance.
Paul Krugman calls for monetary policy to be a major issue in the 2016 campaign.
The NY Sun welcomes Krugman to the debate stage.
At Forbes.com, Brian Domitrovic says the economy is yearning for a policy mix.
Norbert Michel at Forbes shows why Congress should vote to audit the Fed.
Rand Paul says Audit the Fed.
[T]he dollar that was once as good as gold ultimately became backed by the full faith and credit of the U.S. government. And since the panic of 2008, your dollar is now backed by bad home loans, bad car loans, and derivatives. Is anyone comforted? Over the past one hundred years the dollar has lost 96 percent of its value.
Democrats come out against Audit the Fed.
At Forbes.com, Nathan Lewis on $15,000 gold and the Madness of Murray Rothbard
William Buiter, chief economist of Citigroup, at Vox EU (2009), on the unfortunate uselessness of most state-of-the-art academic monetary economics.
At the Hill, Dallas Fed chief urges power shift at central bank.
WaPo’s Wonkblog reprises Larry Summers’ advising Yellen not to raise interest rates yet.
From TGSN, Ralph Benko presents part 2 of his interview with Lewis Lehrman.
At the Daily Signal, Stephen Moore explains the simple formula for unleashing economic prosperity.