![Media Name: cato-journal-v6n3.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/cato-journal/cato-journal-v6n3.jpg?itok=PQnROjIP) 

# Winter 1987 

Vol. 6 No. 3 

Robert Higgs and Charlotte Twight on the erosion of private property rights, Martin T. Katzman on environmental risk management, and more...

##### Articles 

#### [Mismeasuring Poverty and Progress ](/cato-journal/winter-1987/mismeasuring-poverty-progress)

By John C. Weicher 

#### [Loss of Textile and Apparel Jobs: Is Protectionism Warranted? ](/cato-journal/winter-1987/loss-textile-apparel-jobs-protectionism-warranted)

By Richard B. McKenzie and Stephen D. Smith 

#### [National Emergency and the Erosion of Private Property Rights ](/cato-journal/winter-1987/national-emergency-erosion-private-property-rights)

By [Robert Higgs](https://www.cato.org/people/robert-higgs) and [Charlotte Twight](https://www.cato.org/people/charlotte-twight) 

#### [Environmental Risk Management through Insurance ](/cato-journal/winter-1987/environmental-risk-management-through-insurance)

By Martin T. Katzman 

#### [Interest Groups and the Antitrust Paradox ](/cato-journal/winter-1987/interest-groups-antitrust-paradox)

By Bruce L. Benson, M. L. Greenhut, and Randall G. Holcombe 

#### [Interstate Trade Barriers and the Constitution ](/cato-journal/winter-1987/interstate-trade-barriers-constitution)

By Steven G. Craig and Joel W. Sailors 

#### [West Germany’s Economic Policy: What Direction? ](/cato-journal/winter-1987/west-germanys-economic-policy-what-direction)

By Peter Trapp 

#### [Economic Significance of British Labor Law Reform ](/cato-journal/winter-1987/economic-significance-british-labor-law-reform)

By Charles G. Hanson 

#### [Ethnic Utopianism and Market Reality in South Africa ](/cato-journal/winter-1987/ethnic-utopianism-market-reality-south-africa)

By Nelson Reid and Gary Lowe 

#### [Establishing Property Rights in Outer Space ](/cato-journal/winter-1987/establishing-property-rights-outer-space)

By Joel D. Scheraga 

#### [The Public Domain and Nineteenth Century Transfer Policy ](/cato-journal/winter-1987/public-domain-nineteenth-century-transfer-policy)

By Gary M. Anderson and Dolores T. Martin 

#### [Don’t Revise the Clayton Act, Scrap It ! ](/cato-journal/winter-1987/dont-revise-clayton-act-scrap-it)

By William F. Shughart II 

#### [Labor Law and Labor-Management Cooperation: Two Incompatible Views ](/cato-journal/winter-1987/labor-law-labor-management-cooperation-two-incompatible-views)

By Charles W. Baird 

##### Book Review 

##### [*Perspectives on Safe and Sound Banking: Past, Present and Future* by George J. Benston, Robert A. Eisenbeis, Paul M. Horvitz, Edward J. Kane, and George G. Kaufman](/cato-journal/winter-1987/perspectives-safe-sound-banking-past-present-future-george-j-benston-robert)

By Gillian Garcia and Kim Staking 

##### [*Superfairness* by William J. Baumol](/cato-journal/winter-1987/superfairness-william-j-baumol)

By Philip Porter 

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