links for 2009-06-27

• The American Consumer: Reforming, Or Just Resting? - Carroll and Slacalek
• The cost of medical innovation - voxeu.org
• As Incomes Rebound, Saving Hits Highest Rate in 15 Years - NYT
• Why we have both Fannie and Freddie - Richard Green
• Can Asia free itself from the IMF? - Barry Eichengreen
• Merrill Lynch Camp: Ben Bernanke Is Telling the Truth - Atlantic Business
• Bernanke Grilling May Weaken Case for Fed as Risk Regulator - Bloomberg
• Wartime China - Daniel Little
• Interview with Kevin Murphy - Federal Reserve Bank of Minneapolis
• Why we shouldn’t subsidise clean-energy technologies - voxeu.org
• Bush's court appointments emphasized ideology over diversity - EurekAlert
• Thinking of you (Theory of Mind) - MIT News