Volume XVIII, Spring 2006

Part I :

• The CNOOC Bid for Unocal and US National Security: Was the Political Outcry in Congress Justified?
  By Genevieve Ding

• A Century of Economic Thought as Examined through American Trade Unionism
  By Christian Bonilla and Kathryn F. Fortunato

• Complementary Currencies: Mutual Credit Currency Systems and the Challenge of Globalization
  By Clare Lascelles

• Infrastructure and Urban Primacy: A Theoretical Model By Jinghui Lim

• Separating Bulls from the Herd: Race Distribution and Median Household Income in Durham County
  By Ryan Mattison

• Continuity and Change in American Thought Regarding Immigration: 1890-1950 and 1985-1995
  By Russell Miller and Chinedu Okpukpara

• Implications of Transnational Terrorism on International Trade
  By John McKenna

Part II:

• Price Discrimination and the Internet: A Look at the Changing Face of the College Textbook Industry
  By Jeffrey Alan Ackermann
  
• Did Unilateral Divorce Laws and No-Fault Divorce Laws Raise Divorce Rates?
  By Michael Joseph Horowitz
• Efficiency of IPO Offering Techniques: Semi-theoretical Framework and Empirical Results for US and Chinese Issues
  By Xinfeng Hu
  
• Public Policies and Private Decisions: An Analysis of the Effects of Abortion Restrictions on Minors' Contraceptive Behavior
  By Leland M. McNabb Jr.
• Understanding the Role of the Arts and Women in the Economy: The Contributions of Creative Literature
  By Danielle P. Petrilli
  
• Could the Kaminsky-Reinhart Model Have Predicted the 2002 Uruguayan Currency and Banking Crises?
  By Steven R. Vickers

Duke Journal of Economics

Introduction and Dedication

The Duke Journal of Economics is published each year to showcase outstanding research in economics by Duke undergraduates. This volume contains both honors theses and essays. The essays are examples of research written by Duke Undergraduates at various stages of their economics education at Duke. Honors theses which were presented at the 2006 undergraduate research symposium and are to be published in the special edition of the Duke Journal of Economics devoted to that symposium are not included here.

Four undergraduate and masters students wrote book reviews in the spring of 2006, which have been scheduled for publication in scholarly journals. We are delighted that their critical skills are being appreciated by the profession. These are:

• Karl Boulware, The Coming Economic Collapse: How You Can Survive When Oil Costs $200 A Barrel, by Steven Leeb with Glen Strathy, Warner, 2006. Indian Journal of Economics and Business.

• Daniel Hughes, Capital and Collusion: The Political Logic of Global Economic Development, by Hilton Root, Princeton, 2005, Development Policy Review .

• Carly Knight, The Trouble with Africa: Why Foreign Aid Isn't Working, by Robert Calderisi, Palgrave MacMillan, 2006, Review of Social Economy .

• Phuong H. Nguyen, Globalization for Development, by Ian A. Goldin and Kenneth A. Reinert, Palgrave MacMillan and World Bank, 2006, Journal of International Logistics and Trade .

We congratulate the authors of the research presented in this issue.

For support of the journal we thank the Allen Starling Johnson, Jr. Endowment Fund and donors to the Harvrilesky Fund, as well as Jennifer Socey, who put the journal on line.

Charles Becker & Ed Tower, Faculty Advisors to the Journal