Econ Comments & Analysis
Washington Times | Restoring budgetary sanity
“I place economy among the first and most important virtues, and public debt as the greatest of dangers to be feared,” Thomas Jefferson once wrote. “To preserve our independence, we must not let our rulers load us with perpetual debt.”
WSJ | Ryan and the Right
It's no surprise that the White House has denounced Paul Ryan's new House budget as the end of welfare-state civilization. The puzzle is why some conservatives are taking shots at the best chance in decades for serious government reform.
Blogs
National Review | The Ryan Plan vs. the President’s Budget
This week, I would like looks at the 10-year spending projections from the House Republican Budget and the White House budget for 2013.
WSJ | Should Central Banks Help Governments Run Bigger Deficits?
Paul McCulley, who drew attention for his provocative commentary when he was a senior partner at U.S. bond giant Pimco, is challenging one of the most deeply held principles of modern central banking: That central banks should always strive to be independent of fiscal authorities.
