From the Cover

Campaign Finance

Politics and the Business Corporation

Do politicians want donations more than corporations want to give them?

Features

Agriculture

The New Farm Economy

The agriculture industry has entered the 21st century; perhaps farm policy will do so as well.

Theory

Following the Herd

Why do some ideas suddenly become popular, and then die out just as quickly?

Antitrust

The Legacy of U.S. v. Microsoft

Do advances in economic theory lead to advances in legal practice?

Economic Reform

Regulation and the Marketplace

Does government regulation offer any better protection to market participants than private assurance?

Evaluating Transfer Regulations

Routine use of cost-effectiveness analysis could dramatically improve transfer programs’ effectiveness while saving taxpayers’ money.

Federalism and Regulation

What sorts of regulation are best handled on the federal level?