Monday update.

In Forbes, John Tamny sees housing weakness as key to economic recovery.

At MarketWatch, Andy Xie argues loose money in the developed economies will raise inflation in emerging markets, which will then flow to developed economies.

Cato's Alan Reynolds rebuts the idea that inflation is impossible due to high unemployment.

In The WSJ, Hong Kong official Julia Yeung highlights China's steps towards yuan convertibility.

On Fox News, Todd Buchholz believes stimulus spending has damaged the economy.

At Big Government, Dan Mitchell critiques CBO's economic model for ignoring incentives.

At Bloomberg, Kevin Hassett suggests Keynesianism is the real voodoo economics.

NRO's Kevin Williamson questions whether the lack of an inverted yield curve mean the economy is recovering.

At Cafe Hayek, Don Boudreaux explains how higher Social Security taxes impact employment.