Links for 2012-04-26

• The Big Wrong - Paul Krugman
• The Fed’s rate forecast mess - Money Supply
• A time to spend: New insights into the multiplier effect - Vox EU
• Bernanke on What the Fed Can Do - NYTimes.com
• Making Sense of Cap-and-Trade Talk - Robert Stavins
• Bernanke Responds - Paul Krugman
• Inflation targeting and distortions - Macro Matters
• Medicaid spending growth is surprisingly modest - Incidental Economist
• UK recession roundup: the magnificent seven - New Economist
• Did Hubbard Really Mean to Raise That? - Austan Goolsbee
• Austerity in the UK — losing the argument and the economy - EPI
• On GDP figures today, credibility, and falsifiability.. - Jonathon Portes
• How Europe's Double Dip Could Become America's - Robert Reich
• Low Interest Student Loans – A Very Small Step - pgl
• American Austerity - Paul Krugman
• Wicksteed on the Value of Paper Money - Uneasy Money
• The Swedish model - Robert Samuelson
• American resilience - Acemoglu and Robinson
• Cameron's Remarkable Achievement - Paul Krugman