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| Letters | 2 |
| Tilting at Windmills | 8 |
| Peters, Charles | |
| How Political Ads Subtract | 12 |
| Hinerfeld, Daniel Slocum | |
| The Kremlin's Creature Comforts | 24 |
| Yeltsin, Boris | |
| Tidbits and Outrages | 30 |
| Beyond Money: Replacing the Gold Standard with the Golden Rule | 32 |
| Waldman, Jonathan Rowe and Steven | |
| Memo of the Month | 38 |
| Who's Who | 42 |
| The Journalist: A Source's Captive or Betrayer? | 44 |
| Lukas, J. Anthony | |
| The Worst City Government | 50 |
| Why Helms is Still at the Helm | 51 |
| Yeoman, Barry | |
| Snob Rule | 53 |
| Lemann, Nicholas | |
| Monthly Journalism Award | 57 |
| Political Puzzle | 58 |
| Barclay, John | |
| Political Booknotes | 59 |
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