Links for 12-04-2012

• Forget the Cliff, Fix the U.S. Tax System - Stevenson and Wolfers
• Few of us show a consistent approach to financial risk - MIT News
• High-Speed Trades Hurt Investors, a Study Says - NYTimes.com
• Volcker Rule: “Market Making” and the SEC - Economics of Contempt
• Fed’s Rosengren Supports Bond Buying Into 2013 - WSJ
• External Shocks and China’s Monetary Policy - FRBSF Economic Letter
• It's Health Care Costs, Stupid - Paul Krugman
• Free Market Fairness - O’Neill and Williamson
• The Daily’s Demise - Digitopoly
• Just what is a recession? - The Economist
• Greedy Geezers, Reconsidered - Robert Kuttner
• Can the States Sabotage Obamacare? - Greg Anrig
• Europe’s Economic War of Attrition - Mohamed A. El-Erian
• The Debt Limit Is the Real Fiscal Cliff - Bruce Bartlett
• More Nonsense from Robert Samuelson - Barkley Rosser
• Entitlements Scare Tactics - Baseline Scenario
• 26 Economists You Should Be Following On Twitter - Huffington Post
• David Beckworth might be very wrong about the multiplier - Noahpinion
• Why (or Why Not) Keep Paying Interest on Excess Reserves? - Liberty Street
• Is There a Case for Optimism About the Eurozone? - naked capitalism
• Focal Points and the Short Run Phillips Curve - Nick Rowe
• Inflation: Not so great expectations - The Economist
• The Poverty Line in Low-Income Countries - Tim Taylor