<em><a href=”/people/william-niskanen”>William A. Niskanen</a> is chairman emeritus of the Cato Institute, the contributing editor of </em><a href=“http://​www​.ama​zon​.com/​d​p​/​0​7​4​2​5​4​4​3​3​8​/​?​t​a​g​=​c​a​t​o​i​n​s​t​i​t​u​te-20″ target=“_blank”>After Enron: Lessons for Public Policy</a><em>, a former member and acting chairman of President Reagan’s Council of Economic Advisers, and a former chief economist of the Ford Motor Company.</em>