The Asian Tale, Twice Told Jesus P. Estanislao, George N. Manzano and Gloria O. Pasadilla
Since the Asian crisis, analysis of how markets and the institutions that govern them operate has become the focus of policy agendas in the region. This article exames the root cause of the Asian crisis and looks at how new market systems are being formed.

The Trouble with Boys Jennifer Buckingham
Boys are falling behind at school at alarming rates while girls continue to improve. What is causing this gender gap? Has the promotion of gender equity in school education gone too far? What can be done to redress the balance?

Hayek on the Role of the State: A Radical Libertarian Critique Gerard Radnitzky
Was Hayek really a ïminimalÍ state theorist? After all, he thought that we needed the state, not only as protector but also as provider of ïpublic goodsÍ. This turns out to be somewhat problematic, as it could generate outcomes of which he would not approve.

Liberalising Learning: An Overview Andrew Norton
CIS will begin its Liberalising Learning research programme aimed at informing the public about problems in higher education and what can be done to fix them.

Academic Freedom and the Well-Managed University Lauchlan Chipman
Higher education is poised to become one of the biggest and most lucrative industries in the new knowledge economy. Can AustraliaÍs universities adapt and change without sacrificing academic freedom?

The Idea of a University beyond 2000 Alan D. Gilbert
To survive in the increasingly competitive higher education sector, Australian universities must either ïchange or dieÍ. Instead they seem paralysed, most notably by a funding crisis. What is to be done?

Australia's Universities: Last of the Great Socialist Enterprises Steven Schwartz
Higher education is confronting changes that amount to nothing short of revolution. This feature looks at how the Australian higher education system works, why universities will be forced to change, and what the Australian higher education system will look like in the future.

Tocqueville: A Biography by Andre Jardin reviewed by Samuel Gregg

Encouraging Knowledge-Intensive Industries: What Australia Can Draw from the Industrial Upgrading Experiences of Taiwan and Singapore by J.A. Mathews reviewed by Wolfgang Kasper