links for 2009-12-22

• Why don't we observe (macroeconomic) black holes? - Nick Rowe
• The Cleveland Fed is getting close - TheMoneyIllusion
• We need more inflation because we need more AD - TheMoneyIllusion
• The Yield Curve’s Wide Again; So What? - Market Talk
• The real problem with John Taylor's paper... - Richard Green
• Picking Up Nickels in Front of the Steamroller - Brad DeLong
• Why market sentiment has no credibility - FT
• Call this a recession? It isn’t the Dark Ages - FT
• Some Further Comments on Maturity Choice - Rajiv Sethi
• Topic one - Income distribution and the crisis - Martin Wolf
• Topic two - Reforming credit rating agencies - Martin Wolf
• Topic three - Banks refusing to lend - Martin Wolf
• Orphanides says lessons were learnt - FT
• Free Exchange - links
• Market Talk - links
• Angry Bear - links
• The Big Picture - links
• New Deal 2.0 - links
• Marginal Revolution - links
• Economix - links
• Abnormal Returns - links
• Credit Writedowns - links
• Brad DeLong - links