![Media Name: Fall 1999.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/regulation/Fall%201999.jpg?itok=R07thX6n) 

# Fall 1999 

Vol. 22 No. 3 

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##### From the Cover 

### [The Defense Monopoly ](/regulation/fall-1999/defense-monopoly)

By Harvey M. Sapolsky and [Eugene Gholz](https://www.cato.org/people/eugene-gholz) 

### [The Limits of Delegation: The Rise and Fall of BRAC ](/regulation/fall-1999/limits-delegation-rise-fall-brac)

By Kenneth R. Mayer 

##### Features 

#### [Bootleggers and Baptists in Retrospect ](/regulation/fall-1999/bootleggers-baptists-retrospect)

By Bruce Yandle 

#### [Legislating “Financial Modernization”: Is the Game Worth the Candle? ](/regulation/fall-1999/legislating-financial-modernization-game-worth-candle)

By Lawrence J. White 

#### [Federal Deposit Insurance: Economic Efficiency or Politics? ](/regulation/fall-1999/federal-deposit-insurance-economic-efficiency-or-politics)

By Nicholas Economides, R. Glenn Hubbard, and Darius Palia 

#### [What’s Wrong with U.S. Personal Bankruptcy Law and How to Fix It ](/regulation/fall-1999/whats-wrong-us-personal-bankruptcy-law-how-fix-it)

By Michelle J. White 

#### [State Strategies to Reduce the Growing Numbers of People without Health Insurance ](/regulation/fall-1999/state-strategies-reduce-growing-numbers-people-without-health-insurance)

By Frank A. Sloan, Christopher J. Conover, and Mark A. Hall 

##### For the Record 

##### [More on OSHA’s “E‑Z Trial” ](/regulation/fall-1999/more-oshas-e-z-trial)

##### Briefly Noted 

##### [Annals of the Administrative State: Is ATA a Rising or Setting Sun? ](/regulation/fall-1999/annals-administrative-state-ata-rising-or-setting-sun)

##### In Review 

##### [The Thing! The Thing Itself ](/regulation/fall-1999/thing-thing-itself)

By [Michael Munger](https://www.cato.org/people/michael-munger) 

##### [A Report Card on Governmental Health and Safety Programs ](/regulation/fall-1999/report-card-governmental-health-safety-programs)

By John D. Leeth 

##### [The Wages of the “Cowboy Economy”: More Jobs and Greater Pay Inequality ](/regulation/fall-1999/wages-cowboy-economy-more-jobs-greater-pay-inequality)

By George E. Johnson 

##### [Is It Justice or Redistribution? ](/regulation/fall-1999/it-justice-or-redistribution)

By James T. Hamilton 

##### [Common Sense in an Age of Nonsense ](/regulation/fall-1999/common-sense-age-nonsense)

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