Links for 04-26-2013

• Do interest payments on government debt matter? - Antonio Fatas
• The sequester hits America's poor with stealth cuts - Robert Reich
• Services and the Slow Economic Recovery - Carola Binder
• Abba Lerner (1943): "Functional Finance" - Brad DeLong
• Debt, Growth and the Austerity Debate - Reinhart and Rogoff
• Reinhart and Rogoff: Responding to Our Critics - NYT
• Should Eurozone current-account surpluses be reduced? - Vox EU
• Inheriting Second Natures - Scientific American
• The 7 Biggest Risks to Financial Stability - WSJ
• Macon Money - Rajiv Sethi
• The pros and cons of a floating currency - Martin Wolf
• Hawks and Doves at the Fed - Economix
• On wage-led growth - Stumbling and Mumbling
• Weekly Initial Unemployment Claims decline - Calculated Risk
• Job Polarization by Skill Level - Tim Taylor
• The UK economy in three charts - mainly macro
• The Treasury’s Mistaken View on Too Big to Fail - Economix