links for 2011-08-30

• Struggling with a great contraction - Martin Wolf
• Who You Gonna Bet On, Yet Again (Somewhat Wonkish) - Paul Krugman
• Europe's Banking System: How Weak Is It? - The Street Light
• Disaster Relief Economics - Paul Krugman
• What is the Fed waiting for? - Clive Crook
• Takeaways From Fed Minutes - Real Time Economics
• Procyclical bank risk-taking and the lender of last resor - Vox EU
• Allowing underwater borrower to refinance could help - Richard Green
• The Housing Bust, Deleveraging, and Zero - Obsolete Dogma
• Doing More with Less Driving - The Street Light
• Ben Bernanke Doesn’t Get the Message - The Baseline Scenario
• What Switcheroo? A Response to Bruce Everett - TripleCrisis
• Localizing language in the brain - MIT News
• Nobel conclusions - Olaf Storbeck
• The moral basis for an extensive state - Dan Little
• The Case Against a Payroll Tax Cut - Bruce Bartlett
• What Caused the Financial Crisis? Don’t Ask an Economist - Mark Thoma