What I’m Reading — January 12th
- Did Deregulation Really Cause the Crash? Russ Roberts: “If you lift the speed limit from 65 miles per hour to 200 miles per hour and someone crashes going 195, it would be strange to blame the crash on the change in the speed limit. The question remains as to why someone would be so reckless.”
- Teaching Business School Students to Think Creatively.
- The Right Way and the Wrong Way to Simplify Taxes. “For the Obama Administration, the new regulation is a way to try to increase tax revenues without Congress having to pass a law…Here’s a better idea: If Washington doesn’t like taxpayers working the system of legal deductions to reduce their tax burden, it can always simplify the code and flatten the rates.”