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| LETTERS | 1 |
| JOURNALISM AWARD | 3 |
| TILTING AT WINDMILLS | 6 |
| Peters, Charles | |
| WHO'S WHO in the Administration | 11 |
| The Fall of The Idea of Thrift | 12 |
| Longman, Phillip | |
| Why Regulators Need A DON'T-DO-IT-IF-IT'S-STUPID Clause | 23 |
| Black, Eric | |
| MEMO OF THE MONTH | 27 |
| What the Democrats Can Learn from JACK KEMP | 28 |
| Rowe, Jonathan | |
| POLITICAL PUZZLE | 43 |
| FROM CHOKOLOSKEE CHICKEN TO PANAMA RED: FLORIDA'S Love Affair with Larceny | 44 |
| Rothchild, John | |
| TIDBITS AND OUTRAGES | 52 |
| The Case Against Reform | 54 |
| Edsall, Thomas B. | |
| A Mil-Symp Takes on the Pentagon | 55 |
| Lemann, Nicholas | |
| Why I Like Ike | 56 |
| Reeves, Richard | |
| Redistributing Misery | 57 |
| KAUS, MICKEY | |
| POLITICAL BOOKNOTES | 59 |
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