From the Cover
Finance
Lessons from the Financial Crisis
As long as some firms are considered too big to fail, those firms will take outsized risks. PDFA Middle Ground on Insider Trading
Allowing price-decreasing insider trading could signal when equities are overvalued. PDFHow Private is Private Equity?
Securities law hurts the private capital markets. PDF
Features
Property
Takings Law Made Hard
A novel property rights challenge is a constitutional morass. PDF
Law
Federal Crime and the Destruction of Law
Prosecutors’ abuse of the RICO and fraud statutes increasingly is threatening the nation’s economy. PDF
Economic Theory
In Defense of Monopoly
Market power fosters creative destruction. PDF
Health & Medicine
Tontines for the Young Invincibles
An idea from insurance history and behavioral economics could be used to entice low risks into the health insurance pool. PDF
Environment
The Clean Water Land Grab
Congress should not expand federal regulation under the guise of “restoring” environmental protections. PDF
Finance
Lessons from the Financial Crisis
As long as some firms are considered too big to fail, those firms will take outsized risks. PDFHow Private is Private Equity?
Securities law hurts the private capital markets. PDFA Middle Ground on Insider Trading
Allowing price-decreasing insider trading could signal when equities are overvalued. PDF
