links for 2009-05-28

• Fed Would Serve as Risk Regulator Under Obama Plan - NYTimes.com
• Sotomayor’s Consumption as an Application of the Life-Cycle Model - pgl
• Why Keynes was right and wrong, and why it matters - Roger Farmer
• Accidental Billionaire - Review - Claude S. Fischer
• In defence of foreign banks - voxeu.org
• A Closer Look at Waxman-Markey - Robert Stavins
• Banks Want Government Subsidies to Buy Assets - The Baseline Scenario