This book revisits the critical period of unbridled competition between the Bell System and independent telephone companies early in this century.

The author discusses key concepts in consumption and income taxes and identifies the problems of a transition to a consumption-based system.

Using federal procurement of computer systems, the author shows the effects of practices designed to prevent collusion between vendors and officials.

This book calculates the deadweight loss caused by the inefficient method of taxation that the Federal Communications Commission has employed and describes an alternative method.

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.

This book finds that political and procedural mechanisms needed to ensuresettled, investment-backed expectations are upset only after consideration and when a political consensus exists.

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.