Regulation

Imagine how much easier your life and livelihood would be if leading experts placed guidance and insights about regulatory polices at your fingertips four times a year. That's what Regulation does. For three decades, it has examined every market, from agriculture to health and transportation, and nearly every government intervention, from interstate commerce regulation to labor law and price controls. And, it is expansive—casting a powerful light onto the overall impact of regulatory polices to give you sharp, comprehensive perspectives; and, precise—exploring key subjects with incisive, point-by-point analysis.

Further, each issue's articles, crafted by national authorities at the cutting edge of regulatory reform, are written in clear, unambiguous terms that can be immediately understood and applied to your individual needs. With contributions from the nation's top economists, policy analysts, and legal experts, Regulation guarantees the objective, in-depth analysis you need to stay on top of regulatory and economic policymaking in Washington, D.C.

Regulation Vol. 42 No. 1

Spring 2019

Motor vehicles are among the most dangerous products sold anywhere. But according to many auto-industry experts, the eventual transition to driverless vehicles will drastically lower the economic and noneconomic costs of auto accidents. How should the automobile tort/insurance regime be rede-signed to take into account the emergence of driverless vehicles? In the new issue of Regulation, Kyle D. Logue proposes to replace our current auto tort regime with a single comprehensive automaker enterprise liability system. Also in this issue, Ike Brannon and M. Kevin McGee argue that the Trump administration's decision to rescind H-4 visa holders' ability to work fails to meet any credible benefit–cost analysis.

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Regulation Vol. 41 No. 4

Winter 2018 – 2019

The word is out: the Supreme Court is poised to roll back the Chevron doctrine. Set out in Chevron v. Natural Resources Defense Council (1984), the opinion states that when Congress has not "spoken directly to the precise question at issue," a court reviewing an agency action "may not substitute its own construction of a statutory provision for a reasonable interpretation made by... the agency." That gives agencies more flexibility in making law by issuing regulations. In this issue of Regulation, law professor David Schoenbrod argues that the Court should ground any modification of Chevron on the constitutional norm that the “lawmakers” elected by the governed—that is, members of Congress—should take responsibility for the laws.

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Regulation Vol. 41 No. 3

Fall 2018

Peter Navarro is an economist and director of the Office of Trade and Manufacturing Policy (OTMP), a White House agency created by President Trump. He is one of the rare economists to occupy a high-level advisory role in the White House. In the new issue of Regulation, Pierre Lemieux examines how Navarro, once a promoter of free markets and free trade, became a stiff protectionist. Also in this issue, Ryan Bourne looks at the regressive effects of child-care regulations, and Thomas A. Lambert and Michael E. Sykuta discuss antitrust scholars’ alarm over large institutional investors’ “common ownership” of competing businesses.

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Regulation Vol. 41 No. 2

Summer 2018

The academic and public policy communities generally discuss the effects of government interventions into labor markets piecemeal, teasing out the effects of a particular regulation (such as an increased minimum wage) in isolation. In the new issue of Regulation, entrepreneur and business owner Warren Meyer surveys the field of labor regulation to demonstrate how the accretion of many different, presumably well-intentioned rules to protect workers can, in total, have exactly the opposite effect, making it difficult for companies to profitably employ unskilled labor and for those workers to develop and advance.

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Regulation Vol. 41 No. 1

Spring 2018

In January, President Trump announced that he is imposing customs tariffs of up to 50% on imported residential washing machines and 30% on solar panels and modules. In March, he announced 25% tariffs on imported steel and 10% tariffs on imported aluminum. In the new issue of Regulation magazine, Pierre Lemieux explains how, by imposing "safeguard" tariffs, President Trump has delivered corporate welfare at the expense of Americans. Also in this issue, Jonathan M. Barnett discusses the Supreme Court and intellectual property rights, and Charles Calomiris addresses financial regulatory reform.
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Regulation Vol. 40 No. 1

Spring 2017

The last four decades have seen landmark liberalization of U.S. regulatory policy, yet many promising reform ideas now languish and policymakers have backslid in some cases. On this, the 40th anniversary of Regulation magazine, Cato is pleased to offer this overview of American regulation and its reform, and offer some thoughts on how further liberalizations could be achieved.

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Regulation Vol. 39 No. 4

Winter 2016/2017

Today, regulated companies—including broadcast TV and radio, satellite TV and radio, cable TV, and internet service providers (ISPs)—are the primary producers and distributors of mass media and publications. Given the power that the Federal Communication Commission has over these regulated companies, most must remain in the commission’s good graces to operate. In this issue, Brent Skorup and Christopher Koopman argue that this power should be viewed skeptically in light of the danger it poses to both the First Amendment and the Rule of Law.

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Regulation Vol. 39 No. 3

Fall 2016

In late July, President Obama quietly signed a new law mandating product labels for foods containing ingredients produced with modern genetic engineering techniques—that is, “genetically modified organisms” (GMOs). In the new issue of Regulation, Jonathan Adler explains why mandatory GMO content labels are unscientific, unnecessary, and likely unconstitutional. Also in this issue, Christina Sandefur looks at government officials cracking down on the fundamental right to earn income from one’s property and Pierre Lemieux explores why France’s economy hasn't crashed -- yet.
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Regulation Vol. 39 No. 1

Spring 2016

Every imaginable product and service has a price, and yet there is something different about pricing prescription medicines. In the new issue of Regulation, Charles L. Hooper and David R. Henderson say that to “fix” drug pricing, we need more competition, more cost sharing, and the liberalization of some regulations. Also in this issue, Larry Downes describes how rent-seeking and public choice have put a telecom deregulation success story at risk, and Jason Scott Johnston looks at the social cost of carbon -- how is it derived and how is it used to justify America’s climate policy?
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Regulation Vol. 38 No. 4

Winter 2015 – 2016

Of all the rights the U.S. Constitution protects, courts are probably most vigilant about protecting free speech. Freedom of expression is not only a cornerstone of democratic government, but also central to the more ordinary choices citizens make in their daily lives. Yet one class of speech has been almost entirely ignored by the courts: speech by professionals engaged in their business.  In the new issue of Regulation, Cato scholar Timothy Sandefur argues that the Supreme Court should make it clear that censoring professionals is intolerable.

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