| LETTERS | 4 |
| TILTING AT WINDMILLS | 6 |
| Peters, Charles | |
| Independent Oilmen: Why They Take The Risks | 10 |
| Lemann, Nicholas | |
| MEMO OF THE MONTH | 20 |
| Getting Tough on Trade | 22 |
| Kaus, Robert M. | |
| POLITICAL PUZZLE | 28 |
| Barclay, John | |
| The Economics of Extortion | 29 |
| North, James | |
| TIDBITS AND OUTRAGES | 35 |
| WHO'S WHO | 36 |
| The Conflict-of-Interest Craze | 39 |
| Kinsley, Michael | |
| WHERE TO STAY IN WASHINGTON | 48 |
| Trueblood, Carol | |
| The Constitution, the Press, and the Rest of Us | 50 |
| Kaus, Robert M. | |
| RICHARD REEVES ON POLITICAL BOOKS | 57 |
| POLITICAL BOOK NOTES | 59 |
|