Vol.30, No. 1, Spring 2007
Cover Story
The Challenge of Hedge Fund Regulation As other nations expand access to hedge funds, should the U.S. adopt tighter regulation? By Houman B. Shadab (PDF, 296K )
Features
Securities & Investment
The Mythical Benefits of Shareholder Control Given the evidence that board governance benefits investors, why is there call for increased shareholder control of corporations? By Lynn A. Stout. (PDF, 426K )
A New Law for the Bond Rating Industry Will recent reform increase competition? By Lawrence J. White. (PDF, 240K )
Antitrust
The Wright Stuff When is aviation reform not really reform? By Richard A. Epstein. (PDF, 1.7M )
Risk
Stoking the Rigid Terror of Secondhand Smoke The contrived "science" behind the surgeon general’s recent report does not support officials' claims. By Gio Batta Gori (PDF, 1.0M )
Banking & Finance
Banking Regulation’s Illusive Quest Far from requiring greater government oversight, U.S. banking’s woes have been the product of regulation. By Peter J. Wallison (PDF, 371K )
The SBA's Justification IOU Does small business need government loan guarantees? By Veronique de Rugy (PDF, 540K )
For the Record
Cigarettes and the Courts | From Little Roads to ‘Roadless’ (PDF, 104K )
Mercatus Reports
Food Advertising to Children | Family Medical Leave Act (PDF, 141K )
In Review
The Republican War on Science, reviewed by Jonathan H. Adler | The Cure, reviewed by George C. Leef. (PDF, 232K )
Briefly Noted
Reagan and the Wonks (PDF, 1.0M )
The Final Word
Give Me a Home Where the Subsidies Roam By Tim Rowland. (PDF, 101K )
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