From the Cover


The Risk of Too Much Air Safety Regulation

Regulators shouldn’t endanger Americans in an effort to make air travel safer

Banking & Finance

Government Control of Fannie and Freddie in Historical Perspective

Are we on the right path with ongoing reforms or is government oversight of these mortgage giants a lost cause?

Regulatory Reform

Nondelegation for the Delegators

Congress could limit delegation and enhance accountability if it wanted to. Here’s how

Health & Medicine

Paying Beneficiaries, Not Providers

Transforming Medicaid and Medicare into poverty‐​fighting programs would greatly improve Americans’ health.


Telecommunications & Technology

Static Ideas of Competition in the Information Age

If data portability is the solution, what’s the problem?

Energy & Natural Resources

Refocusing on the Consumer

Utilities regulation needs to prepare for the “prosumer” revolution.

Final Word