Miles Kimball — Will Mitt’s Mormonism Make Him a Supply-Side Liberal?

Former Mormon Miles Kimball speculates on where Mitt stands in relation to Mormon social and economic principles and how this would influence his approach to governing, in particular with respect to social programs and economic policy. Good primer for anyone not up on Mormon principles. This is a balanced presentation by a former believer who respects the belief but no longer holds it. No "magic underwear."

Read it at Confessions of a Supply Side Liberal
Will Mitt’s Mormonism Make Him a Supply-Side Liberal?
Miles Kimball | Professor of Economics and Survey Research, University of Michigan

James Hamilton — "Why not abolish the Fed and return to the gold standard?"

James Hamilton recites the facts and figures and provides charts showing that the gold standard doesn't ensure either financial stability or price stability, as gold bugs advertise it does. Gold is deflationary and favors creditors. In economic downturns it results in debt deflation and depression.

See it at Econobrowser
Why not abolish the Fed and return to the gold standard?
by James Hamilton

I recommend reading Pennies from heaven: How Mormon economics shape the G.O.P by Chris Lehmann (Harper's Magazine, Oct 2001) in conjunction with this. Explains a lot of what otherwise may seem somewhat mysterious. Combine Mormon economics with Murray Rothbard's Libertarian Austrian economics and traditional fiscal conservatism, and one sees how contemporary GOP economics is constructed. It's just about the opposite of MMT.