Richard L. Stroup is professor of economics at Montana State University, senior associate at the Political Economy Research Center, and a member of the Board of Advisors of The Independent Institute. His Ph.D. in economics is from the University of Washington. Professor Stroup has served as director of the Office of Policy Analysis at the Department of the Interior and has published widely in professional journals and in popular media on the economics of resources and the environment. He has lectured on these topics throughout the U.S. and internationally to professional and general audiences. He is co-author with James Gwartney of the best-selling textbook, Economics: Private and Public Choice, now in its 9th edition, and of What Everyone Should Know About Economics and Prosperity. In addition, he is contributing co-editor with John Baden of Bureaucracy vs. the Environment, and Natural Resources: Environmental Myths and Bureaucratic Management.Roger E. Meiners is professor of law and economics at the University of Texas at Arlington and a research fellow at The Independent Institute. Having received his Ph.D. in economics from Virginia Tech, he has served as director of the Center for Policy Studies at Clemson University, director of the Atlanta Regional Office of the Federal Trade Commission, associate director of the Law and Economics Center at Emory University, and a member of the South Carolina Insurance Commission. He is the author or editor of fourteen books including Barriers to Corporate Growth, Economic Consequences of Liability Rules, Federal Support of Higher Education, Managing in the Legal Environment, Taking the Environment Seriously, Victim Compensation, and The Independent Institute book, Regulation and the Reagan Era.