Kelly Evans at WSJ Real Time Economics: What is NGDP?
Scott Sumner at The Money Illusion: Why NGDI Targeting is Superior to NGDP Targeting
Interfluidity: The Moral Case for NGDP Targeting
Henry Kaspar at Kantoos Economics: Europe’s Crisis and the Rigidity of Currency Unions
More from Kantoos Economics: If you don’t want to take on their sovereign debt, make ‘em grow!
Uwe Reinhardt at NYT Economix: What Does ‘Recapitalizing Banks’ Actually Mean?
Barry Ritholtz at The Big Picture: A Tale of 2 Seasonal Investors [astonishing]
EconompicData: On the Seasonality of Equities [also astonishing]
Menzie Chinn at Econbrowser: CBO on Income Inequality, and Interpreting OWS
CBO Director's Blog: Trends in the Distribution of Income
Ed Harrison at Credit Writedowns: Chart of the day: ratio of oil futures' long to short positions
Barry Ritholtz at The Big Picture: MERS Has Broken or Diluted Chain of Title
Daniel Gross at Contrary Indicator (Yahoo): The Mod Squad: Why Conservative Economists Back Mortgage Modification