From the Cover

Health & Medicine

PPACA’s Corrupting Lawlessness

The new health care law’s proponents have done long-lasting damage to constitutional order.

Securities & Exchange

The Case for Cost‐​Benefit Analysis of Financial Regulations

CBA has become widely accepted for environmental and safety regulation, so why not finance?

Public Finance

What Should Be the Return on Public Investment?

Policymakers need to be mindful of opportunity costs.

In Memoriam

The Power of Exchange

Ronald H. Coase, 1910–2013



Too Much (Questionable) Information?

Do the benefits of California’s Proposition 65 “carcinogen right to know” law outweigh its costs?

Telecommunications & Technology
Securities & Exchange

A Simpler Approach to Financial Reform

Financial instability is a problem of monetary system design.

Final Word