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Summer 2002

Vol. 25 No. 2

Moving Ahead

The past three decades have seen remarkable deregulation of the airline, air freight, trucking, and rail industries.

Banking Approaches the Modern Era

By Charles Calomiris

Though some oppressive Depression-era regulation has been removed, there is still need for reform of the U.S. banking industry.

A Growing Market

By Craig Pirrong

Rapid financial innovation over the past quarter-century is testing the traditional regulatory framework.

Western Myths and Realities

By Robert H. Nelson

As federal land management continues to flounder, more political leaders are calling for a transfer of public land control to the states.