Vol.25, No. 2, Summer 2002

Features

Introduction

Regulatory Change over the past Quarter-Century A Retrospective, by William A. Niskanen (PDF, 2 pp, 64 Kb)

Transportation

Moving Ahead The past three decades have seen remarkable deregulation of the airline, air freight, trucking, and rail industries. by Thomas Gale Moore (PDF, 8 pp, 543 Kb)

Banking & Finanace

Banking Approaches the Modern Era Though some oppressive Depression-era regulation has been removed, there is still need for reform of the U.S. banking industry. by Charles W. Calomiris (PDF, 7 pp, 331 Kb)

Telecommunications

A Somewhat Better Connection The past quarter-century was one of halting progress. by Robert W. Crandall (PDF, 7 pp, 308 Kb)

Securities & Investment

A Growing Market Rapid financial innovation over the past quarter-century is testing the traditional regulatory framework. by Craig Pirrong (PDF, 8 pp, 325 Kb)

Public Land

Western Myths and Realities As federal land management continues to flounder, more political leaders are calling for a transfer of public land control to the states. by Robert H. Nelson (PDF, 7 pp, 454 Kb)

Energy

Lessons Learned and Forgotten Following two decades of applying market forces to energy, the United States is returning to ominous government intervention. by Richard L. GOrdon (PDF, 5 pp, 289 Kb)

Health & Medicine

The Competitive Revolution Recent efforts to rationalize health care are now facing a political backlash. by H. E. Frech III (PDF, 6 pp, 274 Kb)

Insurance

Repairing Insurance Markets Despite some setbacks, insurance markets have become more competitive. by Scott E. Harrington (PDF, 6 pp, 263 Kb)

Housing

The Fall and Rise of Public Housing With some innovative changes, public housing is making a comeback. by Michael A. Stegman (PDF, 7 pp, 307 Kb)

For the Record

Arms and the Waterman | LEMs and Rents (PDF, 1 pp, 91 Kb)

Final Word

The War of the We Against the Me by P. J. O’Rourke (PDF, 2 pp, 97 kb)