Assorted links
1. A simple solution to the eurozone crisis? And how the solution in place is supposed to work.
2. More on whether Hungary will become a fascist state, and some background here, and today Krugman on Hungary.
3. Joseph Stiglitz on the Great Depression, and today, with a bit of PSST.
4. Is this relationship movie-like or idea-like?
5. Can lawyers figure out what is a structural deficit? And what has been the deficit history so far? Doesn’t Bengt Holmstrom’s 1982 paper, “Moral Hazard in Teams,” imply there is a problem here?