![Media Name: Winter 1996.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/regulation/Winter%201996.jpg?itok=n89nlMhS) 

# Winter 1996 

Vol. 19 No. 1 

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##### Features 

#### [Regulatory Reform in the Electric Power Industry ](/regulation/winter-1996/regulatory-reform-electric-power-industry)

By [Vernon L. Smith](https://www.cato.org/people/vernon-smith) 

#### [Stranded Investments, Stranded Intellectuals ](/regulation/winter-1996/stranded-investments-stranded-intellectuals)

By [Robert J. Michaels](https://www.cato.org/people/robert-michaels) 

#### [Turning up the Heat in the Natural Gas Industry ](/regulation/winter-1996/turning-heat-natural-gas-industry)

By Kenneth W. Costello and Daniel J. Duann 

#### [Regulatory Reform and the Economics of Contract Confidentiality ](/regulation/winter-1996/regulatory-reform-economics-contract-confidentiality)

By Joseph P. Kalt, Adam B. Jaffe, Scott T. Jones, & Frank A. Felder 

#### [“We Can End up Winning”: An Interview with Rep. David McIntosh ](/regulation/winter-1996/we-can-end-winning-interview-rep-david-mcintosh)

#### [Procedural Tort Reform ](/regulation/winter-1996/procedural-tort-reform)

By [David E. Bernstein](https://www.cato.org/people/david-bernstein) 

##### Letters 

##### [Another Friendly Response ](/regulation/winter-1996/another-friendly-response)

##### [Needed: A National Solution ](/regulation/winter-1996/needed-national-solution)

##### [Better, Not Less ](/regulation/winter-1996/better-not-less)

##### [Scrap the Tort System ](/regulation/winter-1996/scrap-tort-system)

##### [Restore Sanctity of Contract ](/regulation/winter-1996/restore-sanctity-contract)

##### [Sunsetting Can Work ](/regulation/winter-1996/sunsetting-can-work)

##### [Legislative Gimmick ](/regulation/winter-1996/legislative-gimmick)

##### [Just the Facts ](/regulation/winter-1996/just-facts)

##### [OSHA’s Impact ](/regulation/winter-1996/oshas-impact)

##### Currents 

##### [In This Issue ](/regulation/winter-1996/issue)

##### [A Case Against Both Stranded Cost Recovery and Mandatory Access ](/regulation/winter-1996/case-against-both-stranded-cost-recovery-mandatory-access)

##### [Halting Steps Toward Electricity Reform ](/regulation/winter-1996/halting-steps-toward-electricity-reform)

##### [Market Protection Against Another Oil Shock ](/regulation/winter-1996/market-protection-against-another-oil-shock)

##### [Regulatory Report Card ](/regulation/winter-1996/regulatory-report-card)

##### [Clean Air Reform for Real ](/regulation/winter-1996/clean-air-reform-real)

##### [Deregulating the Semiconductor Industry ](/regulation/winter-1996/deregulating-semiconductor-industry)

##### Readings 

##### [Black Gold down the Drain ](/regulation/winter-1996/black-gold-down-drain)

##### [In Praise of Lost Mail and $900 Toilet Seats? ](/regulation/winter-1996/praise-lost-mail-900-toilet-seats)

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