# Fall 1994 

Vol. 14 No. 2 

Václav Klaus on national transformation, Bruce Bartlett on how excessive government killed ancient Rome, and more...

##### Articles 

#### [Systemic Change: The Delicate Mixture of Intentions and Spontaneity ](/cato-journal/fall-1994/systemic-change-delicate-mixture-intentions-spontaneity)

By [Václav Klaus](https://www.cato.org/people/vaclav-klaus) 

#### [Hayek’s Legacy and the Future of Liberal Thought ](/cato-journal/fall-1994/hayeks-legacy-future-liberal-thought)

By Viktor Vanberg 

#### [The Constitution of Liberty to Tax and Spend ](/cato-journal/fall-1994/constitution-liberty-tax-spend)

By Gary M. Anderson 

#### [Reforming Deposit Insurance and the Regulatory System: The Failure of the Middle Way ](/cato-journal/fall-1994/reforming-deposit-insurance-regulatory-system-failure-middle-way)

By George S. Berger 

#### [Can the Military’s Effectiveness in the Drug War Be Measured? ](/cato-journal/fall-1994/can-militarys-effectiveness-drug-war-be-measured)

By Christopher M. Schnaubelt 

#### [Unnatural Monopoly: Critical Moments in the Development of the Bell System Monopoly ](/cato-journal/fall-1994/unnatural-monopoly-critical-moments-development-bell-system-monopoly)

By [Adam D. Thierer](https://www.cato.org/people/adam-thierer) 

#### [How Excessive Government Killed Ancient Rome ](/cato-journal/fall-1994/how-excessive-government-killed-ancient-rome)

By Bruce Bartlett 

#### [The Costs of Inflation and Disinflation ](/cato-journal/fall-1994/costs-inflation-disinflation)

By [Kevin Dowd](https://www.cato.org/people/kevin-dowd) 

#### [A Survey, Critique, and New Defense of Term Limits ](/cato-journal/fall-1994/survey-critique-new-defense-term-limits)

By Alexander Tabarrok 

##### Book Review 

##### [*Bargaining with the State* by Richard Epstein](/cato-journal/fall-1994/bargaining-state-richard-epstein)

By David N. Mayer 

##### [*Peddling Prosperity* by Paul Krugman](/cato-journal/fall-1994/peddling-prosperity-paul-krugman)

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

##### [*Prices and Knowledge: A Market Process Perspective* by Esteban F. Thomsen](/cato-journal/fall-1994/prices-knowledge-market-process-perspective-esteban-f-thomsen)

By Roy E. Cordato 

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