Fall/Winter 1987 Vol. 11 No. 3 Subscribe Share Currents The Flight from Equity The Minimal Case for the Minimum Wage Doubtful Indemnity Franchising FIFRA Fluffing the Capital Cushion Features The Twisted Pair: Regulation and Competition in Telecommunications By Roger G. Noll By Prescription Only … or Occasionally? By Sam Peltzman Exclusion and Antitrust By Thomas Krattenmaker and Steven C. Salop Exclusion and Efficiency By Wesley J. Liebeler Deregulation and Air Travel Safety By Richard B. McKenzie and William F. Shughart II The Market for Bads: EPA’s Experience with Emissions Trading By Robert Hahn and Gordon L. Hester Letters The Perils of Portfolios Pension Pensees Who’s Fueling Whom? Readings The Art of Judging Consuming Fears: The Politics of Product Risks Checks Unbalanced: The Quiet Side of Public Spending Charting the Future of Health Care: Policy, Politics, and Public Health Latest Issues Summer 2024 Spring 2024 Winter 2023–2024 Fall 2023