Roger LeRoy Miller received his Ph.D. from the University of Chicago. He is currently Director of the Institute for University Studies in Arlington, Texas. Dr. Miller is a legal specialist and author of numerous books on law and the legal environment, including criminal procedure. In addition, Dr. Miller has authored books on the war on drugs, the economics of crime and criminal behavior, and on related topics.

Daniel K. Benjamin graduated Phi Beta Kappa from the University of Virginia and completed his Ph.D. in economics at the University of California at Los Angeles where he was a National Science Foundation Fellow. Benjamin has taught at Montana State University, the University of Washington and the University of California at Santa Barbara. Currently, he is Alumni Distinguished Professor of Economics at Clemson University. He was a national fellow at the Hoover Institution at Stanford University and a visiting distinguished scholar at the University of Liverpool, England. He also served on the executive committee of the Western Economic Association. During the Reagan administration, he spent several years in Washington, D.C. where he was deputy assistant secretary for policy and then chief of staff at the Department of Labor. Earlier, he had served as a staff economist with the President's Council of Economic Advisers.

Douglass C. North is the Spencer T. Olin Professor in Arts and Sciences, Ph.D. University of California Berkeley Research Interests: New Institutional Economics, Economic History and Economic Development He is also professor of history and a fellow of the Center in Political Economy. He was on the faculty of the University of Washington and held visiting chairs at Cambridge and Rice Universities. In 1993 he was awarded the Nobel Memorial Prize in Economics. He is a fellow of the American Academy of Arts and Sciences and has served as president of the Economic History Association and the Western Economic Association. His major interest is the evolution of economic and political institutions. The effects of institutions on the development of economies through time is a major emphasis in his work in both economic history and development.

NEW! Chapter 1. Death by Bureaucrat

NEW! Chapter 2. Ethanol Madness

Chapter 3. Flying the Friendly Skies?

Chapter 4. The Mystery of Wealth

Part 2. Supply and Demand

Chapter 5. Sex, Booze, and Drugs

Chapter 6. Expanding Waistlines

Chapter 7. Is Water Different?

Chapter 8. Slave Redemption in Sudan

Chapter 9. Smoking and Smuggling

Chapter 10. Bankrupt Landlords, from Sea to Shining Sea

Part 3. Labor Markets

NEW! Chapter 11. (Why) Are Women Paid Less?

Chapter 12. The Effects of the Minimum Wage

NEW! Chapter 13. Immigration, Superstars, and Poverty

Chapter 14. A Farewell to Jobs

Part 4. Market Structures

NEW! Chapter 15. Monopsony and Competition in Health Care

NEW! Chapter 16. Big Oil, Big Oil Prices?

Chapter 17. Contracts, Combinations, and Conspiracies

Chapter 18. Coffee, Tea, or Tuition-Free?

NEW! Chapter 19. College Costs (…and Costs and Costs)

Chapter 20. Keeping the Competition Out

Part 5. Political Economy

Chapter 21. Raising Less Corn and More Hell

Chapter 22. Killer Cars and the Rise of the SUV

Chapter 23. Crime and Punishment

Chapter 24. The Graying of America

Chapter 25. Heavenly Highway

Part 6. Property Rights and the Environment

Chapter 26. The Trashman Cometh

Chapter 27. Bye-Bye, Bison

Chapter 28. Smog Merchants

Chapter 29. Greenhouse Economics

Part 7. International Trade and Economic Prosperity

Chapter 30. Free Trade, Less Trade, or No Trade?

Chapter 31. The $750,000 Steelworker

Chapter 32. The Lion, the Dragon, and the Future

Glossary

Selected References

Index