Message From the Publisher – J. Stanley Marshall
Cover Story
The Great Economic Expansion: How It Was Achieved and How It Can Be Maintained – James D. Gwartney
A presentation by the Chief Economist of the Joint Economic Committee of the United States Congress.
Articles
Certificates of Need: A Bad Idea Whose Time Has Passed – Peter Doherty
Health care commerce is restricted by state regulations that stifle competition, increase costs, and benefit wealthy providers and interest groups.

Restitution As an Objective of the Criminal Justice System – Bruce L. Benson
The U.S. criminal justice system focuses on punishing criminals and often trivializes and ignores the pain and suffering of victims.

Walking a Tightrope: Balancing State Goals with Institutional Priorities in Higher Education – Keith R. Sanders and Donald Sevener
Advice to policymakers charged with directing a top-to-bottom overhaul of all state education functions.