First Quarter 2016

George Mason University economist ken button points out that the giant legacy airlines that stumbled through the first decades of deregulation are finally covering their operating costs and are better positioned to confront future economic storms. Our own melissa stevens outlines a plan for leveraging philanthropic dollars to manage risk in the development of life-saving drugs. Former New York Times reporter larry fisher examines California's flirtation with seawater desalination. sutirtha bagchi of Villanova University and jan svejnar of Columbia University ask whether the extraordinary rise in extreme wealth in recent decades stimulates or undermines economic growth. And much more...