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Apr 3 2008 12:00AM EDT

Extra Credit, Thursday Edition

Are we having the right discussion about the financial crisis? Ricardo Hausmann says that if regulations had been tighter, growth would have been lower, meaning real interest rates would have been lower, leading to just as much bad lending.

Playing the Housing Blame Game: On the idiocy of mortgage-interest tax relief.

Let’s Have a Daniel Hall Day: Why congestion is better than fuel prices at reducing the amount we drive.

And finally:

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