Editor’s Note

By James A. Dorn

Bank Runs: Causes, Benefits, and Costs

By George G. Kaufman

Comment on Bank Runs: Causes, Benefits, and Costs

By Anna. J. Schwartz

A Public Choice Perspective of the Banking Act of 1933

By William F. Shughart II

Comment on A Public Choice Perspective of the Banking Act of 1933

By Richard H. Timberlake Jr.

Accommodating Changes in the Relative Demand for Currency: Free Banking vs. Central Banking

By George Selgin

Automatic Stabilizing Mechanisms under Free Banking

By Kevin Dowd

Deposit Insurance in Theory and Practice

By Gerald P. O'Driscoll Jr.

Comment on Deposit Insurance in Theory and Practice

By William S. Haraf

A Transaction Cost Analysis of Banking Activity and Deposit Insurance

By Susan E. Woodward

The Role of the Federal Reserve in Reserve Requirement Regulation

By Mark Toma

Comment on The Role of the Federal Reserve in Reserve Requirement Regulation

By Marvin Goodfriend

The FSLIC Is “Broke” in More Ways than One

By Gillian Garcia

Can Banking and Commerce Mix?

By Thomas F. Huertas

Comment on Can Banking and Commerce Mix?

By Robert A. Eisenbeis

Agency Costs and Unregulated Banks: Could Depositors Protect Themselves?

Comment on Agency Costs and Unregulated Banks: Could Depositors Protect Themselves?

By A. James Meigs

Reuniting Investment and Commcrcial Banking

By Robert E. Litan