Caught My Eye
By Arnold Kling
The single most costly trade barrier concerns rules against importing ethanol. The fact that such rules exist at all, of course, strongly suggests that the key issue in ethanol policy is not how much gasoline we can replace, but instead how much of a subsidy can find a justification for sending to farmers.
2. From a Gallup poll:
Nearly 8 in 10 students (77%) in grades 5 through 12 say they want to be their own boss, 45% say they plan to start their own business, and 42% say they will invent something that changes the world.
These data raise more questions than they answer. Pointer from WSJ blog.