“Reagan at Midterm: Requiem for a Lightweight, part 2”: Why Reagan stands for no ideology. How his failure to put capitalism into practice stems from his failure to grasp capitalism in theory. “The Attack on Defense”: Reagan's proposal of space-based defense is opposed on political grounds—in the guise of attacks on its technological feasibility. “Legislative Monitor”: Four pending issues calling for your letters: the false alternatives on abortion; restraining the IRS; China redefined as “non-Communist”; freeing the airwaves. This issue also contains short notes.