Take a look at these articles from the American Enterprise Institute’s James Pethokoukis:
Fed study says Bush and the banks didn’t cause the Great Recession. The Fed did
Is it time for the Fed to launch a pro-growth monetary policy?
Does the euro zone have a debt crisis or a nominal GDP crisis?
Yeah, it seems like we got an ally at the AEI. Welcome on board James!
Update: Also listen to James’ interview with Scott Sumner.
The Market Monetarist 
cthorm
/ August 9, 2012I might have to start tuning in to CNBC again…
Lars Christensen
/ August 9, 2012I might have to try to get back on CNBC. CNBC by the is much better in European time than in US hours…
tjjivehour
/ August 9, 2012While I don’t always agree with AEI positions and research (one of my biggest issues with “conservative” ideology is the aversion to immigration), I’ve definitely noticed a tilt in their recent economic research and positions that seems to be leaning closer and closer to MM school of thought. I mean, who would’ve thought AEI scholars would write a book extolling the virtues of a progressive consumption tax? Maybe I’m too young to remember it, but I don’t ever recall American Conservatives being terribly excited about anything with the word “consumption” in it…
Lars Christensen
/ August 9, 2012tjjivehour,
I personally have found myself in agreement with many of the views of the AEI over the years (particularly on economic issues). However, market monetarists certainly do not have a general view on consumption taxes. I know Scott Sumner thinks is a great idea. However, I don’t see that as a MM position. Market Monetarism is not an ideology, but a way of thinking about monetary and macroeconomic issues. There is no left or right to it – even though most of the main MM bloggers clearly are libertarian/conservative leaning.
tjjivehour
/ August 9, 2012Didn’t mean to imply consumption taxes were a pillar of MM thought, but was more meaning to imply it was something that seems to have become increasingly embraced by right-leaning economists. Main point, find myself liking the AEI work in recent years, and definitely noticing they’re tilting in the right direction…