Vol. 31, No. 1, Spring 2008

Cover Story

Has Wal-Mart Buried Mom-and-Pop? Does small business decline when Wal-Mart enters the market? By Andrea M. Dean and Russell S. Sobel (PDF, 713K )

Features

Telecommunications & Technology

The Temptation of Media Regulation Why not unbundle episodes or innings? By Bruce M. Owen (PDF, 438K )

Environment

Global Warming and Social Justice Do we owe the world for climate change? By Eric A. Posner and Cass R. Sunstein (PDF, 701K )

Antitrust

Four Lessons from the Whole Foods Case The antitrust analysis of mergers should be reconsidered. By Thomas A. Lambert (PDF, 622K)

Transportation

A Solution to Airport Delays An auction for takeoff and landing slots would make more efficient use of scarce resources. By W. Tom Whalen, Dennis W. Carlton, Ken Heyer, and Oliver Richard (PDF, 584K)

Free Markets

Has Wal-Mart Buried Mom-and-Pop? Does small business decline when Wal-Mart enters the market? By Andrea M. Dean and Russell S. Sobel (PDF, 713K)

Securities & Exchange

The Economics of Naked Short Selling Naked shorting is little different from permissible shorting. By Christopher L. Culp and J.B. Heaton (PDF, 467K)

The "Phantom Shares" Menace Naked short selling distorts shareholder control. By John W. Welborn (PDF, 883K)

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For the Record

A Final Response to Menell, by Richard A. Epstein | Coroners and "The Big Kill", by Carl Olson

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In Review

They Meant Well, reviewed by George C. Leef | Origins of American Health Insurance, reviewed by George C. Leef | Bulldozed, reviewed by George C. Leef

Briefly Noted

Free Sex Chat?, by Christopher Hixon | Bush at Midnight, by Veronique De Rugy

Final Word

Facebooking the Candidates, by Marni Soupcoff

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