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# Fall 2012 

Vol. 32 No. 3 

William A. Niskanen on alternative economic futures for Europe; Dwight R. Lee on the fiscal irresponsibility of Keynesianism; Deepak Lal on whether the Washington consensus is dead; and more...

##### Articles 

#### [Editor’s Note: A Tribute to William A. Niskanen ](/cato-journal/fall-2012/editors-note-tribute-william-niskanen)

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

#### [Alternative Political and Economic Futures for Europe ](/cato-journal/fall-2012/alternative-political-economic-futures-europe)

By [William A. Niskanen](https://www.cato.org/people/william-niskanen) 

#### [The Keynesian Path to Fiscal Irresponsibility ](/cato-journal/fall-2012/keynesian-path-fiscal-irresponsibility)

By Dwight R. Lee 

#### [Is the Washington Consensus Dead? ](/cato-journal/fall-2012/washington-consensus-dead)

By [Deepak Lal](https://www.cato.org/people/deepak-lal) 

#### [Asset Bubbles and Supply Failures: Where Are the Qualified Sellers? ](/cato-journal/fall-2012/asset-bubbles-supply-failures-where-are-qualified-sellers)

By Bruce K. Gouldey and Clifford F. Thies 

#### [Decisionmaking, Risk, and Uncertainty: An Analysis of Climate Change Policy ](/cato-journal/fall-2012/decisionmaking-risk-uncertainty-analysis-climate-change-policy)

By Kruti Dholakia-Lehenbauer and Euel W. Elliott 

#### [School Choice and Achievement: The Ohio Charter School Experience ](/cato-journal/fall-2012/school-choice-achievement-ohio-charter-school-experience)

By Nathan L. Gray 

#### [The New Monetary Economics Revisited ](/cato-journal/fall-2012/new-monetary-economics-revisited)

By David Cronin 

#### [Starving the Beast Revisited ](/cato-journal/fall-2012/starving-beast-revisited)

By Masoud Moghaddam 

#### [The Behavior of the Labor Market between *Schechter* (1935) and *Jones & Laughlin* (1937) ](/cato-journal/fall-2012/behavior-labor-market-between-schechter-1935-jones-laughlin-1937)

By Todd C. Neumann, Jason E. Taylor, and Jerry L. Taylor 

#### [The Scope of Government in a Free Society ](/cato-journal/fall-2012/scope-government-free-society)

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

##### Book Reviews 

##### [*The Money Trap: Escaping the Grip of Global Finance* by Robert Pringle](/cato-journal/fall-2012/money-trap-escaping-grip-global-finance)

By Judy Shelton 

##### [*The Partnership: Five Cold Warriors and the Quest to Ban the Bomb* by Philip Taubman](/cato-journal/fall-2012/partnership-five-cold-warriors-quest-ban-bomb)

By Matt Fay 

##### [*Stochastic Optimal Control and the U.S. Financial Debt Crisis* by Jerome L. Stein](/cato-journal/fall-2012/stochastic-optimal-control-us-financial-debt-crisis)

By Jerome L. Stein 

##### [*Sustaining China’s Economic Growth after the Global Financial Crisis* by Nicholas R. Lardy](/cato-journal/fall-2012/sustaining-chinas-economic-growth-after-global-financial-crisis)

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

##### [*Warfare State: World War II Americans and the Age of Big Government* by James T. Sparrow](/cato-journal/fall-2012/warfare-state-world-war-ii-americans-age-big-government)

By Charles Zakaib 

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