* Yes, I'm assuming you actually care about what about I think is worth reading, which is probably not the case.
Anyway, here's the list for this weekend:
- Free Larry Summers: Why the White House needs to unshackle its economic oracle. (The New Republic): " 'What does a bad theoretical physicist do for a living? He walks into an office, sits at a desk, and stares at a plain white sheet of paper." "But," Summers added, "there's a lot of work in the world for a bad economist.' "
- Rated F for Failure (The New York Times): "Over time, ratings became valuable not because of their accuracy but because they “unlock” markets; that is, they are a sort of regulatory license that allows money to flow.
- Economists Suggest Fix to Bonus Problems (WSJ Blogs): "One of the main causes of the financial crisis stemmed from the way that top workers at financial firms got compensated, and some economists are proposing a new system to correct the problem."
- UBS: A Swiss Banks Shadowy Operations (Newsweek): "Translation: the Swiss bank was running a shadowy operation to help rich Americans get their money out of the country, and sometimes back in, without the Feds finding out."