From the Cover
The Clearinghouse Cure
Would this proposed reform provide the silver bullet for
systemic risk?
Reforming Freddie and Fannie
If policymakers will not fully privatize the GSEs, then they
should spin off their retained portfolios.
Features
Warming Up to Water Markets
Will global warming force us to adopt sensible resource
policies?
Of Patents and Property
With some important exceptions, empirical evidence suggests
patent protection reduces innovation.
Reshaping the Playing Field?
Will investor activism change corporate governance and benefit
shareholders?
The Single‐License Solution
Instead of federal chartering, states should compete with each
other to produce efficient insurance regulation.
