From the Cover

The Looming Policy Disaster

A sustained, critical look at climate change economics and
science is long overdue.

Global Warming: Correcting the Data

Surface temperatures are rising, but probably not as quickly as
is claimed.

Features

Law

Legal Barriers to Innovation

The bar's control over corporate legal markets is growing more
costly.

Securities and Exchange

Clearing Up Misconceptions on Clearing

Vertical integration of clearing and execution may produce
considerable efficiency benefits.

Corporate Law

The Value of ‘Cooling Off’

Do stakeholders worry when firms hire members of independent audit teams?

Real Estate

Big Yards or Green Space?

Buying patterns suggest that home buyers prefer their open space
to be close to home.

Briefly Noted

Final Word