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# Summer 2000 

Vol. 23 No. 2 

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##### From the Cover 

### [Competition Requires Transmission Capacity: The Case of the U.S. Northeast ](/regulation/summer-2000/competition-requires-transmission-capacity-case-us-northeast)

By Douglas R. Hale, Thomas J. Overbye, and Thomas Leckey 

### [Electricity Restructuring: Deregulation or Reregulation? ](/regulation/summer-2000/electricity-restructuring-deregulation-or-reregulation)

By Severin Borenstein and James Bushnell 

##### Features 

#### [The End of Market Failure ](/regulation/summer-2000/end-market-failure)

By Richard O. Zerbe, Jr and Howard McCurdy 

#### [The Stadium Gambit and Local Economic Development ](/regulation/summer-2000/stadium-gambit-local-economic-development)

By Dennis Coates and Brad R. Humphreys 

#### [Exporting Tort Awards ](/regulation/summer-2000/exporting-tort-awards)

By Eric Helland and Alexander Tabarrok 

#### [A Microeconomic Analysis of Fannie Mae and Freddie Mac ](/regulation/summer-2000/microeconomic-analysis-fannie-mae-freddie-mac)

By Robert Van Order 

#### [A Better Way to Spur Medical Research and Development ](/regulation/summer-2000/better-way-spur-medical-research-development)

By Rachel Glennerster and Michael Kremer 

##### For the Record 

##### [Pinpointing the Polluters ](/regulation/summer-2000/pinpointing-polluters)

##### [Another Look at Mortgage Discrimination ](/regulation/summer-2000/another-look-mortgage-discrimination)

##### [Get Rid of Those Divisive Boxes ](/regulation/summer-2000/get-rid-those-divisive-boxes)

##### [Another Route to Regulatory Reform ](/regulation/summer-2000/another-route-regulatory-reform)

##### Briefly Noted 

##### [What Are We Paying These Guys for? ](/regulation/summer-2000/what-are-we-paying-these-guys)

##### [Is There Light at the End of the Regulatory Tunnel? Not in Pennsylvania ](/regulation/summer-2000/there-light-end-regulatory-tunnel-not-pennsylvania)

##### [The “Backdoor BTU Tax” ](/regulation/summer-2000/backdoor-btu-tax)

##### In Review 

##### [Book Review: *Nature’s Numbers: Expanding the National Economic Accounts to Include the Environment*](/regulation/summer-2000/book-review-natures-numbers-expanding-national-economic-accounts-include)

By Brian F. Mannix 

##### [Book Review: *Discounting and Intergenerational Equity*](/regulation/summer-2000/book-review-discounting-intergenerational-equity)

By Brian F. Mannix 

##### [Book Review: *Winners, Losers & Microsoft: Competition and Antitrust in High Technology*](/regulation/summer-2000/book-review-winners-losers-microsoft-competition-antitrust-high-technology)

By [Richard L. Gordon](https://www.cato.org/people/richard-gordon) 

##### [Book Review: *Calculating Risks: The Spatial and Political Dimensions of Hazardous Waste Policy*](/regulation/summer-2000/book-review-calculating-risks-spatial-political-dimensions-hazardous-waste)

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