Economy 23 May 2012 Opinionomics | 23 May 2012 Must-read comment and analysis. OMG, WTF IMF? Print HTML 1. Monetary and fiscal stimulus are not the same thing (ToUChstone) "The IMF is advocating a monetary stimulus first, followed by (if that doesn’t do the trick) a fiscal stimulus", writes Duncan Weldon. "At least it has implicitly recognised that monetary and fiscal stimulus are not the same thing." 2. The IMF's economic statement: reading between the lines (Market Square) The IMF argues for fiscal action now… but Lagarde pulls her punches, argues Ian Mulheirn 3. You say princelings, I say elite corps of investment bankers (Reuters) Ben Walsh compares and contrasts China's elite with America's. 4. British energy policy is a dark underworld of fanatics (Guardian) The government's decision to direct resources to nuclear and wind is typical of an institution befuddled and beset by lobbyists, writes Simon Jenkins 5. Has Krugman been reading a different report on the UK economy? (Telegraph) Jeremy Warner doesn't agree that the IMF was critical of the Government's plan at all. › Ad Watch: Wonga Wind farms in Greece. Photograph: Getty Images Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter. From only £1 a week Subscribe More Related articles The free market? There's no such thing Housing associations are under pressure - but we're doing our best Why is the government giving £45m to Roman Abramovich while letting a British steelworks go to the wall?