From the Cover
Paying to Keep the Peace
Is military intervention abroad necessary to protect U.S. economic interests?
Features
The Benefits of Biotech
As the world’s population grows, environmental stewardship will require science to find ways to produce more food on less land.
The Creeping Federalization of Corporate Law
The Sarbanes-Oxley Act extends Washington’s oversight of corporate governance practices but offers questionable benefits to investors.
Self Regulation and Securities Markets
Securities exchanges can police market abuses if government provides them the needed tools.
Allowing the States to Innovate
Does much-maligned, oft-reformed workers’ compensation offer a promising model for unemployment insurance restructuring?
A Road Policy for the Future
With the Interstate Highway System now almost complete, is it time for the federal government to remove itself from roadway funding?
Mismeasuring Electricity Market Power
By studying average variable costs, researchers examining the California energy crisis were sure to find examples of “market power” even if that power may not have really existed.
Breathing Life into the Funeral Market
Are state regulations impeding innovation and harming consumers in this very meaningful sector of the economy?