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Weekend Wrap Up: Smaug (voiced by Benedict Cumberbatch) calls for the gold standard; The NY Times Sunday Review has some surprisingly shrewd praise for the gold standard

Politics and Government

On FT, Martin Wolf encourages politicians to bear in mind ‘Homo Economicus,’ make policy for real, not ideal, humans.

At National Review, Stephen Moore writes the U.S. has hit $18 trillion in debt– and we are still borrowing.

From, Ralph Benko explains why the impeachment of Obama would do serious damage to Republicans.

Monetary Reform

Smaug (voiced by Benedict Cumberbatch) calls for the gold standard!

Stephen Colbert: Now Smaug, I think that we both have a lot in common. We both live in gated communities, and we’re both fiscal conservatives who sleep on giant piles of money.

Smaug (voiced by Benedict Cumberbatch): Quite right! Time to return to the gold standard. Rand Paul 2016 Yea! Get some Rand!

The NY Times Sunday Review with some surprisingly shrewd praise for the gold standard.

At, Steve Forbes covers how Russia is wrecking the ruble.

In the Augusta Chronicle, William Beranek writes a true gold standard would re-establish fiscal responsibility.

At, John Tamny writes Japan’s economy suffers from misguided politicians, not export competition and low birthrates.

In, Nathan Lewis asks “What if Spain Devalued.”

From, Norbert Michel praises Jim Grant’s new book The Forgotten Depression of 1921: The Crash that Cured Itself

Larry Kudlow at RCM weighs in on the strengthening dollar

Ralph Benko at writes about the 20 conservative leaders endorsing APIA’s Steve Lonegan’s request for a meeting with Fed Chair Janet Yellen.

George Selgin at on NGDP Targeting and the BitDollar


In Investor’s Business Daily, Art Laffer explains the Laffer Curve’s insight into tax rates.

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