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# Fall 2017 

Vol. 40 No. 3 

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##### From the Cover 

### [Boston Takes a Pass on the Olympic Torch ](/regulation/fall-2017/boston-takes-pass-olympic-torch)

By Andrew Zimbalist 

Scholarly research does sometimes have a positive effect on public policy. 

### [Foxes, Hedgehogs, and Regulators ](/regulation/fall-2017/foxes-hedgehogs-regulators)

By Stuart Shapiro 

If experts’ predictions are little better than laymen’s, can we rely on expert regulatory analysis?

### [Redesigning Spectrum Licenses ](/regulation/fall-2017/redesigning-spectrum-licenses)

By Paul Milgrom, E. Glen Weyl, and Anthony Lee Zhang 

“Depreciating licenses” would encourage innovation and investment.

### [The Need for Electricity Retail Market Reforms ](/regulation/fall-2017/need-electricity-retail-market-reforms)

By Michael Giberson and Lynne Kiesling 

An innovative 21st century retail electric power market is within reach, but won’t emerge until we ditch the 20th Century regulations. 

### [Moving Forward with Electricity Tariff Reform ](/regulation/fall-2017/moving-forward-electricity-tariff-reform)

By Ahmad Faruqui and Mariko Geronimo Aydin 

Pilot programs and other experiments have shown the promise of “prosumer” changes.

##### Features 

#### [The Innovation Won’t Be Televised ](/regulation/fall-2017/innovation-wont-be-televised)

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

Facilitating tacit collusion via “most favored nation” clauses hurts the television market.

##### Briefly Noted 

##### [Does the Jones Act Endanger American Seamen? ](/regulation/fall-2017/does-jones-act-endanger-american-seamen)

By Thomas Grennes 

##### [Deregulation through No Regulation? ](/regulation/fall-2017/deregulation-through-no-regulation)

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

##### [What Agency Improves Rulemaking the Most? ](/regulation/fall-2017/what-agency-improves-rulemaking-most)

By Sam Batkins 

##### [Regulation and Big-Firm Capitalism ](/regulation/fall-2017/regulation-big-firm-capitalism)

By Bruce Yandle 

##### In Review 

##### [The Color of Law ](/regulation/fall-2017/color-law)

By David R. Henderson 

##### [Paid Patriotism? ](/regulation/fall-2017/paid-patriotism)

By George C. Leef 

##### [The Political Spectrum ](/regulation/fall-2017/political-spectrum)

By Bruce Yandle 

##### [The Administrative Threat ](/regulation/fall-2017/administrative-threat)

By Thomas A. Hemphill 

##### [Issues in Law &amp; Economics ](/regulation/fall-2017/issues-law-economics)

By Phil R. Murray 

##### [Democracy in Chains ](/regulation/fall-2017/democracy-chains)

By Art Carden and Phillip W. Magness 

##### [Philosophy, Politics, and Economics ](/regulation/fall-2017/philosophy-politics-economics)

By Pierre Lemieux 

##### [Economism ](/regulation/fall-2017/economism)

By George C. Leef 

##### [Read My Lips: Why Americans Are Proud to Pay Taxes ](/regulation/fall-2017/read-lips-why-americans-are-proud-pay-taxes)

By Dwight R. Lee 

##### Final Word 

##### [My Goodness, My Rent-Seeking ](/regulation/fall-2017/goodness-rent-seeking)

By Tim Rowland 

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