Links for 2012-05-23

• Let's All Devalue Against Each Other - Paul Krugman
• Creating Jobs Wasn’t Romney’s Job - NYTimes.com
• State Dependence and Fiscal Multipliers - Econbrowser
• The Crisis of European Democracy - Amartya Sen
• US fiscal cliff hangs over a pile of recessionary rocks - FT Alphaville
• High Unemployment: Cyclical or Structural? - Gary Burtless
• On the Relevance of Democracy - German Foreign Policy
• When did the dollar overtake sterling - Vox EU
• Benefit of the Eurozone - Vox EU
• Big Banks Don’t Need to Be So Big - NYTimes.com
• The IMF calls for a more expansionary UK policy - mainly macro
• Monetary Policy Limits - Dennis Lockhart
• Austerity by Magic Asterisk - pgl
• Log Transformations & Forecasting - Dave Giles
• Scientists start explaining Fat Bastard's vicious cycle - EurekAlert
• U.S. Manufacturing Makes a Comeback - Brookings Institution
• Hayek on Attempts to “Correct” the Market... - Uneasy Money
• A Global New Deal - Jomo Kwame Sundaram
• Crafting a Global Rescue for Europe - Gordon Brown
• The Euro Awaits Its Verdict - Boone and Johnson
• My Speech to the Finance Graduates - Robert J. Shiller
• Maynard's Revenge: A Review - Perry Mehrling
• The state & growth: what's the mechanism? - Chris Dillow
• Mobility about twice as great in Australia and Canada... Miles Corak
• Social mobility and inequality in the UK and the US - Miles Corak
• The Final Days of the Office of Thrift Supervision - RegBlog
• Competitiveness and the European Crisis - Antonio Fatas