From the Cover
Zoning’s Steep Price
In the nation’s tightest housing markets, land-use regulation contributes heavily to high housing costs.
Toward Truly Open Skies
Liberalizing the U.S.-European air transport market would benefit both sides of the Atlantic.
CAFE Changes, By the Numbers
Stricter fuel standards would increase air pollution and hurt U.S. automakers and consumers, but would save little gasoline.
Features
A New Approach to Private Roads
Using an innovative method for awarding franchise rights, states can entice more effective private investment in highways.
FERC’s New Regulatory Agenda
Federal officials increasingly are turning to command-and-control policies for the nation’s power grid.
A Free-Market Scorecard
How should we judge whether states’ telecommunications policies are deregulatory and pro-competitive?
The Antitrust Emperor’s Clothes
We need to base policy on what we know.
Safety at Any Price?
Following a dramatic expansion of federal health and safety regulation, Americans’ gains are uncertain.