Political Algebra

Double dose of links to make up for yesterday:

• What Kind of Fed Chair would Larry Summers Be? This March Speech Gives Hints (Ylan Q. Mui at Wonkblog)
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• The Yellen/Summers Debate (Scott Sumner at his blog)
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• For the Birds (Paul Krugman at NYT)
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• Deficit Had to Get Worse to Start Looking Better (Caroline Baum at Bloomberg)
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• Nihilism or Principle? (Ed Kilgore at Washington Monthly)
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• Happy “What About Your Gaffes” Day (Dave Weigel at Slate)
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• Marco Rubio’s Deeply Irresponsible Strategy for Defunding Obamacare (Conor Friedersdorf at The Atlantic)
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• What is the Payoff Structure of Gold? (Noah Smith at his blog)