peHUB First Read

* Economist(s) debate: Does financial innovation lead to growth?

* Senators Ron Wyden (D-OR) and Judd Gregg (R-NH) propose cutting the corporate tax rate from 35% to 24 percent.

* Juniper Research: The market for cloud-based mobile apps was just over $400 million last year, but will reach $9.5 billion by 2014.

* Morning Call: U.S. futures point higher as all eyes are on Big Ben, London rises early, European shares flatten, the Nikkei slips and China shares hit a one-month closing high.

* Seth Levine: We don’t charge companies to present at VCIR

* Keenan Skelly: The road has gotten rough for infrastructure funds

* Kevin Kelleher: Apple wounded Flash, but Google may kill it

* Council for Economic Education: “The number of states that now require students to take an economics course as a high school graduation requirement increased from 17 in 2007 to 21 in 2009.”

* YouTube pulls the original RickRoll video, due to “terms of use” violation. Seems to me that certain pieces of content should, de facto, be considered part of the public domain. And, yes, this would be one of those pieces.

* Speaking of video sharing: Some Italian students post a clip themselves bullying a student to Google Video. Now, three Google executives have been convicted of privacy violations by an Italian court.

* Paul Kanjorski: Bankers are like incontinent dogs

* Fast-food breakfast sales decline as fewer head to work

* Angel investor Gary Vaynerchuk: “”I’m pissed about what I did with Twitter.”