Anyone who follows CNBC knows that the “Kudlow & Cramer” show recently became “Kudlow & Company.” This is great news on a couple of levels. First, it frees Larry Kudlow to go his own thoughtful, optimistic, free-market way, no longer hamstrung by Jim Cramer‘s discordant style and liberal politics. Having these two men co-host a show seems in hindsight to have been a waste of both of their talents, and particularly of Kudlow’s. The show was good before, but Larry’s new solo act has quickly distinguished itself as by far the best daily politics-and-economics show on TV.
Second, it is great news because it shows that CNBC management, which has given the impression of being unimaginative and politically doctrinaire, may be responsive to reality after all. (These are the same people who canceled the unique WSJ editors’ show and ran a dime-a-dozen liberal talking-head show in its place.) It looks as though either CNBC woke up to the fact that its hottest property is a socially conservative free-market economist, or someone high up at GE got fed up with CNBC’s tacitly statist, anti-business editorial policy and insisted that Kudlow be given his own show. Either way it’s progress.