links for 2011-08-31

• Sustained, high joblessness causes lasting damage - EPI
• The Debt Non-Explosion - Paul Krugman
• Obama's Jobs Plan - Robert Reich
• Are Recessions Efficient? - Uneasy Money
• Murphy’s Law of Economic Policy - John Irons
• Happiness, Philosophy and Science - NYTimes.com
• Fair and balanced after all? The bias of the US press - Vox EU
• Deleveraging in Today's U.S. Economy - Dennis Lockhart - FRB Atlanta
• Job Insecurity Remains High - NYTimes.com
• Irene and the Broken Window “Fallacy” - pgl
• Pockets of debt illiquidity show rising bank fears - Reuters
• Incoherence at the FOMC - Paul Krugman
• The Fed's Mandate (Explanation for Sen. DeMint) - Twenty-Cent Paradigms
• How to Read Consumer Survey Data - The Street Light
• The bounds of monetary policy on Planet Earth - interfluidity
• Inflation Hawks Lose Their Shirts - FrumForum
• Weak confidence and wages portend weak consumer spending - Angry Bear
• Is There Stigma to Discount Window Borrowing? - Liberty Street