"Business School, Disrupted"
"Amazon Is NOT the Vladimir Putin of the Publishing World"

"Obama Is Blowing Smoke on New Emissions Rules"

Yet another excellent piece by Megan McArdle.

Does the president actually expect any of this to happen? . . . 

Whenever the deadlines do kick in, the new president will be besieged with desperate legislators and governors pleading to keep electricity prices from rising in these hard economic times. I can imagine a steadfast Democratic president standing up for the environment against utility lobbyists, coal-mining districts and electricity users, telling them that we need to do what’s best for the planet, not some narrow economic interest. But I can also imagine a beautiful world where everyone rides around in carriages driven by unicorns, angels sing in the trees, and purple raspberry pie grows on bushes outside your backdoor.