Two more
http://www.vox.com/2014/5/29/5760220...ts-three-times
http://econlog.econlib.org/archives/...er_on_t_1.html
On the surface, these may not seem like the biggest deal, but I think if we had to give one reason why China has improved more quickly than anything ever, it would be because of almost total deregulation of business licensing. So when we see that licensing causes problems in the US, we should think it's a really big problem