From the Cover
Property
Before Kelo
Federal grants encourage excessive use of eminent domain. PDF
Corporate Governance
Quack Corporate Governance
Sarbanes-Oxley may have satisfied a political need, but it will do little to protect investors or strengthen the market. PDFCorporate Governance and Economic Development
U.S.-style corporate governance may be a poor fit for the developing world. PDF
Banking & Finance
Why Do We Regulate Banks?
Concerns that are used to justify government intervention can be addressed privately. PDF
Theory
The Perverse Effects of Predatory Pricing Law
Even if predation is possible, does intense price competition harm consumers? PDF
Health & Medicine
Speak Not of Error
Does legal fear increase the risk of medical error? PDF
Telecommunications & Technology
Architectural Censorship and the FCC
Efforts to regulate the media threaten quantity, quality, and diversity. PDF
Insurance
Terrorism Insurance 2005
Where do we go from here? PDF
Features
Bankruptcy
Protection for Whom?
Efficient liquidation benefits creditors as a group. PDF
Corporate Governance
Can Fee Disclosure Be Trusted?
Does Sarbanes-Oxley’s disclosures produce useful information? PDFWall Street in the Third World?
Corporate ownership may be a more important issue in developing countries than corporate governance. PDF
Property
Accountability and Private Governments
Do homeowners associations lower property values? PDF
Natural Resources
A Tale of Two Clams
Actors’ strategic anticipation of policy change has led to overstatement of the benefits of ITQs. PDF
Telecommunications & Technology
Against ISP Liability
Do ISPs have a duty to protect the world? PDF
