Links for 01-07-2013

• In Defense of the Fed's New Interest-Rate Policy - Mishkin and Woodford
• Banks Win an Easing of Asset Rules - NYTimes.com
• US joins misguided pursuit of austerity - FT.com
• The Hoax of Entitlement Reform - Robert Reich
• Fiscal stimulus debate: Endless frustration - Mathew Yglesias
• Dealing with Hostage Takers Like Senator McConnell (R-KY) - Brad DeLong
• Bad News on Social Security: We're Going to Live Longer - Beat the Press
• Avoiding the B word - mainly macro
• Ideology? - Stephen Williamson
• Magic, markets and models of science - Magic, maths and money
• The Fiscal Grand Canyon - Andrew Samwick
• Simon on complexity - UnderstandingSociety
• There’s More Than One Kind of Best Practice - Economic Principals
• Robert Frank on Pigovian taxes - Environmental Economics
• Labor Force Participation Rate Update - Calculated Risk
• Want to Fight Crime? Address Economic Inequality - Bloomberg