| Letters | 2 |
| Tilting at Windmills | 4 |
| Peters, Charles | |
| A Brief History of Management Consultants | 8 |
| Easterbrook, Gregg | |
| Tidbits & Outrages | 13 |
| The Real Lesson of the Asian Meltdown | 14 |
| Cottle, Michelle | |
| The Man Behind Prop 209 | 20 |
| Freedberg, Louis | |
| Memo of the Month | 23 |
| After the Abortion | 24 |
| Dube, Jonathan | |
| Beyond Racial Preferences | 28 |
| WORTH, ROBERT | |
| Monthly Journalism Award | 32 |
| The Year the GOP Went South | 34 |
| Branch, Taylor | |
| Who's Who | 36 |
| Threadgill, Susan | |
| Government vs. The Market | 39 |
| Krugman, Paul | |
| Middle America's Dirty Little Secret | 41 |
| Glastris, Paul | |
| The Washington's Monthly Annual Political Book Award | 43 |
| Political Booknotes | 44 |
| Korb, Howard La Franchi,Clifford Doerksen,Matthew Dallek,Richard Norton Smith,Juan Williams,Lawrence |
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