Features

The Uraguay Round: High Hopes, Hard Realities, and Unfinished Business

By Philip H. Trezise
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Europe 1992: Status and Prospects

By Claude E. Barfield
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Velvet Fist in an Iron Glove: The Omnibus Trade and Competitiveness Act of 1988

By Ronald A. Cass
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Lessons from the Canada‑U.S. Free Trade Agreement: Mexico, Other Regional Agreements, and the GATT System

By Peter Morici
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Deregulating Book Imports

By J. Hayden Boyd
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Joint Ventures, Strategic Alliances, and Collaboration in Telecommunications

By Jerry A. Hausman
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Letters

Perils of an Oil “Windfall Profit Tax”

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Revisiting the Sherman Act

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Raising a Credible Threat

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In Praise of Smoke Screens

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Laissez Fares!

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Averting Airline Reregulation

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Congressional Hypocrisy

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Currents

Up from the Ashes of the Uruguay Round

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What Do We Know about Energy Security?

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Price‐​Cap Reform of Telecommunications Regulation: “A Penny Saved … ”

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Seidman’s Imperialism?

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Deposit Insurance: How Much Can We Afford?

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The Collapse of Drexel Burnham Lambert: Lessons for the Bank Regulators

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Self‐​Flagellation among the Capitalists

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The Ivory Import Ban

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Competing Perspectives on Taxes and the Environment

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Readings

Probing Banking’s Black Hole

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Toward Efficiency in Antitrust

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Loosening the Grip of the ICC

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