![Media Name: cato-journal-v20n3.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/cato-journal/cato-journal-v20n3.jpg?itok=ynB22ItZ) 

# Winter 2001 

Vol. 20 No. 3 

Carlos Seiglie on Cuba's road to serfdom, Daniel Sutter on the economics of media bias, and more...

##### Articles 

#### [Regulatory Uncertainty and Investment: Evidence from Antitrust Enforcement ](/cato-journal/winter-2001/regulatory-uncertainty-investment-evidence-antitrust-enforcement)

By George Bittlingmayer 

#### [Don’t Restructure Electricity; Deregulate ](/cato-journal/winter-2001/dont-restructure-electricity-deregulate)

By [Richard L. Gordon](https://www.cato.org/people/richard-gordon) 

#### [New Anti-Merger Theories: A Critique ](/cato-journal/winter-2001/new-anti-merger-theories-critique)

By Edward J. Lopez 

#### [Prescriptive Regulations and Telecommunications: Old Lessons Not Learned ](/cato-journal/winter-2001/prescriptive-regulations-telecommunications-old-lessons-not-learned)

By Wayne A. Leighton 

#### [Limits to Regulation Due to Interaction of the Patent and Commerce Clauses ](/cato-journal/winter-2001/limits-regulation-due-interaction-patent-commerce-clauses)

By Paul Ballonoff 

#### [Cuba’s Road to Serfdom ](/cato-journal/winter-2001/cubas-road-serfdom)

By Carlos Seiglie 

#### [Can the Media Be So Liberal? The Economics of Media Bias ](/cato-journal/winter-2001/can-media-be-so-liberal-economics-media-bias)

By Daniel Sutter 

#### [Note Issue by Banks: A Step toward Free Banking in the United States? ](/cato-journal/winter-2001/note-issue-banks-step-toward-free-banking-united-states)

By Kurt Schuler 

#### [The Emergence of Fiat Money: A Reconsideration ](/cato-journal/winter-2001/emergence-fiat-money-reconsideration)

By [Kevin Dowd](https://www.cato.org/people/kevin-dowd) 

#### [The Internet, the Market, and Communication: Don’t Ignore the Shoe While Admiring the Shine ](/cato-journal/winter-2001/internet-market-communication-dont-ignore-shoe-while-admiring-shine)

By Dwight R. Lee 

##### Book Review 

##### [*U.S. Bank Deregulation in Historical Perspective* by Charles W. Calomiris](/cato-journal/winter-2001/us-bank-deregulation-historical-perspective-charles-w-calomiris)

By George J. Benston 

##### [*China’s New Political Economy* by Susumu Yabuki and Stephen M. Harner](/cato-journal/winter-2001/chinas-new-political-economy-susumu-yabuki-stephen-m-harner)

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

##### [*Essays on the Great Depression* by Ben S. Bernanke](/cato-journal/winter-2001/essays-great-depression-ben-s-bernanke)

By Anna. J. Schwartz 

##### Latest Issues 

[![Cato Journal - v41n3 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2021-10/cj-v41n3-cover-img.jpg?itok=5oFdtHHE)](https://www.cato.org/cato-journal/fall-2021) 

[Fall 2021](/cato-journal/fall-2021)

[![Cato Journal - v41n2 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2021-05/cj-v42n2-cover.jpg?itok=Gsu0q9wJ)](https://www.cato.org/cato-journal/spring/summer-2021) 

[Spring/​Summer 2021](/cato-journal/spring/summer-2021)

[![Cato Journal - v41n1 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2021-01/Cover.jpg?itok=FSh0s6W_)](https://www.cato.org/cato-journal/winter-2021) 

[Winter 2021](/cato-journal/winter-2021)

[![Cato - Fall 2020 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2020-09/cj-v40n3-cover.jpg?itok=9jXN2iCd)](https://www.cato.org/cato-journal/fall-2020) 

[Fall 2020](/cato-journal/fall-2020)