From the Cover
MOME in Hindsight
How has "The Mechanisms of Market Efficiency" fared over the past 20 years?
Incentives Askew?
Fannie Mae and Freddie Mac's executive pay arrangements may be inappropriate.
The Collapse of a Noble Idea
The failure of the L.A. Community Development Bank epitomizes how good intentions often become bad policy.
Conservation Cartels
Competition policy can conflict with environmental protection.
Features
The FDA’s Antibiotic Resistance
If bacteria are becoming increasingly resistant to current antibiotics, why is the FDA discouraging the development of new antibiotics?
Growing Pressures on Farm Policy
Criticism at home and abroad may push U.S. agriculture policy back on the path to reform.
Holding Internet Service Providers Accountable
Would indirect liability reduce costly cyberspace externalities?
What is a Life Worth?
Despite its prima facie callousness, determining the value of a human life is necessary for good public policy.
