From the Cover


What’s Old Is New: The Problem with New Source Review

Grandfathering has become an invitation to rent-seeking.

When Scientists Politicize Science

Instead of claiming there is just one policy response to a given issue, scientists should provide a range of options for policymakers.

Commerce & Trade

A Private Auction of Opportunities

Is protectionism a legitimate state interest?


Energy & Natural Resources

Demand Response and Advanced Metering

California's experiment shows the promise of dynamic pricing.

Telecommunications & Technology

Much Ado About Notification

Does the rush to pass state-level data security regulations benefit consumers?

Health & Medicine

Evaluating the Welfare Effects of Drug Advertising

Consumer behavior indicates broadcast drug ads have positive health benefits.

Final Word