The central causes of the Savings and Loans debacle, according to this study, lay in the decision to substitute government regulation for the disciplines of the market.

Fannie Mae and Freddie Mac have aggressively used their government support to achieve extraordinarily high profitability and domination of the residential mortgage market.

Because two disparate clients demand loyalty from Fannie Mae and Freddie Mac, these government-sponsored entities must fulfill two ultimately irreconcilable roles.

This book discusses legalized protectionism in the World Trade Organization and what to do about it.

Do saving incentives such as Individual Retirement Accounts stimulate new saving or merely reshuffle existing assets?

The author argues that American productivity and living standards, along with those of other countries, will improve only with a renewed commitment to open multilateral trade.

The authors review the economic rationales of the Commerce Department's Advanced Technology Program and the criteria for project selection.

Two achievements--up the poor and animating civil society--are powerful moral claims for business corporations but schemes for corporate governance jeopardize these achievements.

This study explains why financial services have for centuries been regulated to a greater extent than are most products that do not directly affect people's health or safety.

The authors of this volume challenge the common perception that the removal of old distortions from the tax system would seriously hurt segments of the economy.