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Spring 2014

Vol. 37 No. 1
From the Cover

Learning How to Fish

By Jonathan H. Adler and Nathaniel Stewart

Catch shares are vital to the future of fishery conservation.

The Next Banking Crisis

By Charles Calomiris and Stephen H. Haber
Will the latest round of reform bring an end to subsidizing risky mortgages?

The Striking Success of the NLRA

By Michael Wachter
The law has brought labor peace and improved workers’ negotiating power, which may explain why union membership is declining.
Features
For the Record
Final Word