Intro -- Contents -- Introduction - John J. Siegfried -- Overview: Highlights of the Benefits of Basic Science in Economics - Charles R. Plott -- COMMENT Daniel S. Hamermesh -- COMMENT Daniel Newlon -- 1. The Evolution of Emissions Trading - Thomas H. Tietenberg -- COMMENT Wallace E. Oates -- 2. Better Living through Improved Price Indexes - Michael J. Boskin -- COMMENT Jerry Hausman -- 3. Economics and the Earned Income Tax Credit - Robert A. Moffitt -- COMMENT V. Joseph Hotz -- 4. Trade Liberalization and Growth in Developing Countries - Anne O. Krueger -- COMMENT Douglas A. Irwin -- 5. The Role of Economics in the Welfare- to-Work Reforms of the 1990s - Rebecca M. Blank -- COMMENT Nancy Folbre -- 6. Better Living through Monetary Economics - John B. Taylor -- COMMENT Laurence H. Meyer -- 7. The Greatest Auction in History - R. Preston McAfee, John McMillan, Simon Wilkie -- COMMENT Jeremy Bulow -- 8. Air-Transportation Deregulation - Elizabeth E. Bailey -- COMMENT Nancy L. Rose -- 9. Deferred-Acceptance Algorithms: History, Theory, Practice - Alvin E. Roth -- COMMENT Peter Cramton -- 10. Economics, Economists, and Antitrust: A Tale of Growing Influence - Laurence J. White -- COMMENT Kenneth G. Elzinga -- 11. Economics and the All-Volunteer Military Force - Beth J. Asch, James C. Miller III, John T. Warner -- COMMENT Walter Y. Oi -- 12. Public Policy and Saving for Retirement: The Autosave Features of the Pension Protection Act of 2006 - John Beshears, James Choi, David Laibson, Brigitte C. Madrian, Brian Weller -- COMMENT Robert J. Shiller -- Contributors -- Index.