Fun reads for the day

From Mark Thoma; it will be interesting to see how this Cypriot situation plays out–still shocked Germany would press for a depositor haircut: http://economistsview.typepad.com/economistsview/2013/03/cyprus-set-to-reject-bailout.html.

Noah Smith with the takedown of John Taylor’s argument in favor of austerity: http://noahpinionblog.blogspot.com/2013/03/john-taylors-austerity-model.html

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