The New Republic

Granted, too-big-to-fail is an issue that has populist resonance on both right and left. Still, given McCain's trajectory over the last few years, this isn't necessarily a fight I'd have expected him to pick. Good to see him involved. Politico's Victoria McGrane has the story: READ MORE >>

Key business sector gauge at highest level since 2006. Brad DeLong: Obama economic team has exceeded expectations. Lending in Europe contracts again. READ MORE >>

Continuing a tradition of mine, here is a shamelessly subjective list of the most noteworthy research which came out in the last year: READ MORE >>

Research: Those in positions of power are more likely to cheat. Tyler Cowen: Maybe Fed isn't targeting inflation because it would hurt bank recovery. READ MORE >>

I'm sure Morgan Stanley is reconsidering the way it compensates executives, as described in today's Wall Street Journal, mostly because of the general outcry over executive pay. READ MORE >>

How much are Iran's economic woes a factor in the continued unrest? How low rates are making saving an unattractive option. Fed gets a little more specific on plans to mop up excess reserves. READ MORE >>

The Journal has a wide-ranging story today on the extent to which the government's role in the economy has grown. The gist of the piece is that the expansion has been significant, which is almost certainly true, at least in the short-term. (Much of the intervention will be unwound in the next few years, though some of it won't.) READ MORE >>

There's an interesting back-and-forth between Dan Gross and Tim Geithner in Newsweek's year-end interview issue: GROSS: There have been, and continue to be, calls for you to go. How do you deal with those? READ MORE >>

So it sounds like GM's new CFO--Chris Lidell, recently of Microsoft--is a real catch. According to today's Wall Street Journal: READ MORE >>

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