Links for 2012-01-26

• Tax Distortions - Jared Bernstein
• The Specter of Rapid Austerity - The Denouement
• Finding the Truth - Paul Krugman
• What drives surges in capital flows? - Vox EU
• IMF Urges ECB to Expand Its Balance Sheet to Tame Crisis - WSJ
• How Hayek helped us to find capitalism’s flaws - FT.com
• State of the Union—Health Care Cannot Be Ignored - Aaron Carroll
• UK Growth reveals a major macroeconomic policy error - mainly macro
• The Impact of UI Insurance: As High as Barro Suggested? - Econ J. Watch
• Demographics and stock prices - John Cochrane
• Is there an austerity curve? - Stumbling and Mumbling
• Behind Closed Doors at the Fed - NYTimes.com
• The Sons Also Rise - Paul Krugman
• “Built to Last” - Jeff Frankel
• Musing on Economics - Modeled Behavior
• What we do with the debt matters - Antonio Fatas