[![Media Name: cpr-17n3.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/cpr-17n3.jpg?itok=wEpg07LH)](https://www.cato.org/sites/cato.org/files/serials/files/policy-report/1995/6/cpr-17n3.pdf) 

# May/​June 1995 

Vol. 17 No. 3 

[ 

Download PDF 

](https://www.cato.org/sites/cato.org/files/serials/files/policy-report/1995/6/cpr-17n3.pdf) 

##### From the Cover 

### [New Threats to the Financial Markets ](/policy-report/may/june-1995/new-threats-financial-markets)

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

##### Features 

#### [Big Government’s Barricade to Term Limits ](/policy-report/may/june-1995/big-governments-barricade-term-limits)

By [Edward H. Crane](https://www.cato.org/people/edward-h-crane) 

#### [Society Asks Too Much of Law ](/policy-report/may/june-1995/society-asks-too-much-law)

#### [Deregulation Coming at Last in Electric Power ](/policy-report/may/june-1995/deregulation-coming-last-electric-power)

#### [Policy Forum: Will the Republicans End Welfare As We Know It? ](/policy-report/may/june-1995/policy-forum-will-republicans-end-welfare-we-know-it)

#### [Cato Studies: IRS, Environmental Law Limit Constitutional Rights ](/policy-report/may/june-1995/cato-studies-irs-environmental-law-limit-constitutional-rights)

#### [Clinton Aides Wrong on Minimum Wage, Labor Law ](/policy-report/may/june-1995/clinton-aides-wrong-minimum-wage-labor-law)

#### [Entitlements Must Be Reined in, (Most) Analysts Say ](/policy-report/may/june-1995/entitlements-must-be-reined-most-analysts-say)

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