Topic of the Issue

Reform of the Power Industry

Interview with Anatoly Tchubais    

William J. BAUMOL, J. Gregory SIDAK

Stranded Costs

James BOYD

The “Regulatory Compact” and Implicit Contracts: Should Stranded Costs Be Recoverable?

Congressional Budget Office (USA)

Electric Utilities: Deregulation and Stranded Costs

Alexander SHKOLNIKOV

Power Industry Market: Models, Tendencies, Preferences

Economic Policy

Grzegorz W. KOLODKO

Two Thirds’ Success (System Transformation in Poland and Lessons for the Future)

Monika BONK

Factors and Consequences of Reforms in Central and Eastern Europe

Political Economy

Andrey SHASTITKO

Competition and Antitrust Policy in Neoaustrian Economics

Ongoing Discussion

Jury KUZNETSOV, Vadim NOVIKOV

Antitrust Alchemy: Conversion of Interests into Rights

Classics of Economics

James BUCHANAN

Cost and Choice: An Inquiry in Economic Theory (Chapters 3 and 4)

Tendencies and Perspectives

Victor STARODUBROVSKY

The Test of Success. Russia’s Economy in 2007