Prophecy de Novo: The Nearly Self-Fulfilling Doomsday Forecast
By Craig S. Marxsen

Bagehot’s Lender of Last Resort: A Hollow Hallowed Tradition
By John H. Wood

Can the Internet Promote Open Global Societies?
By Douglas A. Houston

What Is Systemic Risk, and Do Bank Regulators Retard or Contribute to It?
By George G. Kaufman
Kenneth E. Scott

My Time with Supply-Side Economics
By Paul Craig Roberts


    Has Fractional-Reserve Banking Really Passed the Market Test?
By Jorg Guido Hulsmann

Accounting for Fractional-Reserve Banknotes and Deposits—or, What’s Twenty Quid to the Bloody Midland Bank?
By Lawrence H. White

Review Essays

    Economics, Love, and Family Values: Nancy Folbre and Jennifer Roback Morse on the Invisible Heart
By A. M. C. Waterman

Psychiatry’s Gentleman Abolitionist
By Robert A. Baker

Book Reviews

    Dependent on D.C.: The Rise of Federal Control over the Lives of Ordinary Americans
By Charlotte A. Twight
Reviewed by James L. Payne

Up in Smoke: From Legislation to Litigation in Tobacco Politics
By Martha A. Derthick
Reviewed by Robert Heineman

Medicare’s Midlife Crisis
By Sue A. Blevins
Reviewed by Charlotte Twight

Putting “Defense” Back into U.S. Defense Policy: Rethinking U.S. Security in the Post–Cold War World
By Ivan Eland
Reviewed by Lawrence J. Korb

Big Government and Affirmative Action: The Scandalous History of the Small Business Administration
By Jonathan J. Bean
Reviewed by Paul Moreno
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