![Media Name: Winter 2008-2009.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/regulation/Winter%202008-2009.jpg?itok=aLXkZKgH) 

# Winter 2008–2009 

Vol. 31 No. 4 

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##### From the Cover 

### [The Clearinghouse Cure ](/regulation/winter-2008-2009/clearinghouse-cure)

By Craig Pirrong 

Would this proposed reform provide the silver bullet for 
systemic risk?

### [Reforming Freddie and Fannie ](/regulation/winter-2008-2009/reforming-freddie-fannie)

By Dwight M. Jaffee 

If policymakers will not fully privatize the GSEs, then they 
should spin off their retained portfolios.

##### Features 

#### [Warming Up to Water Markets ](/regulation/winter-2008-2009/warming-water-markets)

By Jonathan H. Adler 

Will global warming force us to adopt sensible resource 
policies?

#### [Of Patents and Property ](/regulation/winter-2008-2009/patents-property)

By James Bessen and Michael J. Meurer 

With some important exceptions, empirical evidence suggests 
patent protection reduces innovation.

#### [Reshaping the Playing Field? ](/regulation/winter-2008-2009/reshaping-playing-field)

By Stephen M. Bainbridge 

Will investor activism change corporate governance and benefit 
shareholders?

#### [The Single-License Solution ](/regulation/winter-2008-2009/single-license-solution)

By Henry N. Butler and Larry E. Ribstein 

Instead of federal chartering, states should compete with each 
other to produce efficient insurance regulation.

##### In Review 

##### [Book Review: *The Price of Everything*](/regulation/winter-2008-2009/book-review-price-everything)

By David R. Henderson 

##### [Book Review: *Good Money*](/regulation/winter-2008-2009/book-review-good-money)

By George C. Leef 

##### [Book Review: *The Subprime Solution*](/regulation/winter-2008-2009/book-review-subprime-solution)

By [William A. Niskanen](https://www.cato.org/people/william-niskanen) 

##### Briefly Noted 

##### [Ethanol 2.0 ](/regulation/winter-2008-2009/ethanol-20)

By Robert Earle and Ahmad Faruqui 

##### [Doctors for Gun Control ](/regulation/winter-2008-2009/doctors-gun-control)

By [Robert A. Levy](https://www.cato.org/people/robert-levy) 

##### [Harming Patients’ Condition ](/regulation/winter-2008-2009/harming-patients-condition)

By Henry I. Miller 

##### [Legislating Life’s Value ](/regulation/winter-2008-2009/legislating-lifes-value)

By Robert Hahn and Peter Passell 

##### Final Word 

##### [Ending Welfare as We (Now) Know It ](/regulation/winter-2008-2009/ending-welfare-we-now-know-it)

By Marni Soupcoff 

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