links for 2011-05-13

• Hitting the Ceiling - Paul Krugman
• The practical irrelevance of the Friedman rule - Matt Rognlie
• Sticky prices, leverage, and Pascal’s wager - interfluidity
• Comparing Europe and the US - The Street Light
• Researchers Hope to Build a Brain - Spiegel
• Fixing What’s Wrong with the Taylor Rule - Andy Harless
• Hard Money Advocates are Their Own Worst Enemy - David Beckworth
• Inflation, in Perspective - NYTimes.com
• Just how out of line are house prices? - macroblog
• Euro area GDP report: unbalanced - Angry Bear
• Does ageing really affect health expenditures? If so, why? - Vox EU
• To restore jobs, U.S. has to ramp up exports - latimes.com