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# Fall 2012 

Vol. 35 No. 3 

[Subscribe](https://store.cato.org/collections/all-products/products/regulation-magazine) 

## Moving Markets into the Light 

##### From the Cover 

### [Scalping Scalpers — or Consumers? ](/regulation/fall-2012/scalping-scalpers-or-consumers)

By David E. Harrington and Emma K. Harrington 

The proposed BOSS Act threatens the consumer-friendly evolution of secondary ticket markets.

### [Are Payday Lending Markets Competitive? ](/regulation/fall-2012/are-payday-lending-markets-competitive)

By Victor Stango 

Despite their claims, credit unions seem unable to offer competitive payday loans.

### [Facebook, the Jobs Act, and Abolishing IPOs ](/regulation/fall-2012/facebook-jobs-act-abolishing-ipos)

By Adam C. Pritchard 

A two-tier market system would go a long way toward promoting capital formation and curtailing speculation.

### [What Happens When Local Phone Service Is Deregulated? ](/regulation/fall-2012/what-happens-when-local-phone-service-deregulated)

By Jeffrey A. Eisensach and Kevin W. Caves 

Early returns suggest liberalization benefits consumers just as long distance deregulation did.

##### Features 

#### [Producing Public Goods Privately ](/regulation/fall-2012/producing-public-goods-privately)

By Pierre Lemieux 

The Appalachian Mountain Club shows that government is not the only means to address market failure.

#### [A Clash of Regulatory Paradigms ](/regulation/fall-2012/clash-regulatory-paradigms)

By Christopher S. Yoo 

When should policymakers promote competition, and when should they accept and regulate monopoly?

##### For the Record 

##### [Regulatory Cost, in Plain English ](/regulation/fall-2012/regulatory-cost-plain-english)

By Adrian Day 

##### Briefly Noted 

##### [Derailing High-Speed Rail ](/regulation/fall-2012/derailing-high-speed-rail)

By [Ike Brannon](https://www.cato.org/people/ike-brannon) and Elizabeth Lowell 

##### [Small Business Regulation: A Case Study and Options for Reform ](/regulation/fall-2012/small-business-regulation-case-study-options-reform)

By Sam Batkins and [Ike Brannon](https://www.cato.org/people/ike-brannon) 

##### In Review 

##### [The Smart Philosopher vs. the People ](/regulation/fall-2012/book-review-what-money-cant-buy)

By Pierre Lemieux 

##### [Not Quite Breaking the Ice ](/regulation/fall-2012/book-review-free-market-fairness)

By [John Hasnas](https://www.cato.org/people/john-hasnas) 

##### [The Price Is Wrong ](/regulation/fall-2012/book-review-priceless)

By David R. Henderson 

##### [A Feeble Call for Unionism ](/regulation/fall-2012/book-review-why-labor-organizing-should-be-civil-right)

By George C. Leef 

##### [A Fine Update ](/regulation/fall-2012/book-review-armchair-economist)

By David R. Henderson 

##### [Working Papers ](/regulation/fall-2012/working-papers)

By [Peter Van Doren](https://www.cato.org/people/peter-van-doren) 

##### Final Word 

##### [Hey, Anybody Want to Win a Pulitzer? ](/regulation/fall-2012/hey-anybody-want-win-pulitzer)

By A. Barton Hinkle 

##### Latest Issues 

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