Spring 2003

Vol. 26 No. 1


From the Cover


  • Paying to Keep the Peace

    Is military intervention abroad necessary to protect U.S. economic interests? By Eugene Gholz and Daryl G. Press PDF



  • 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. By Gregory Conko PDF

Securities & Exchange


  • Allowing the States to Innovate

    Does much-maligned, oft-reformed workers’ compensation offer a promising model for unemployment insurance restructuring? By Bill Conerly PDF


  • 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? By Gabriel Roth PDF


  • 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. By Timothy J. Brennan PDF


Briefly Noted

In Review

Final Word