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# Fall 2018 

Vol. 41 No. 3 

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##### From the Cover 

### [Peter Navarro’s Conversion ](/regulation/fall-2018/peter-navarros-conversion)

By Pierre Lemieux 

The professor has changed and wobbled, but his current protectionist arguments are embraced by the White House and segments of the public.

### [The Land of Many Opportunity Costs ](/regulation/fall-2018/land-many-opportunity-costs)

By Gary D. Libecap 

Constituent-group politics continue to dampen the public benefit from the federal estate.

### [Be a Shame If Anything Happened to Your Merger… ](/regulation/fall-2018/be-shame-anything-happened-merger)

By William E. Kovacic and [David A. Hyman](https://www.cato.org/people/david-hyman) 

“Regulatory leveraging” can be a useful tool or it can be an abuse of power

### [Calm Down about Common Ownership ](/regulation/fall-2018/calm-down-about-common-ownership)

By Thomas A. Lambert and Michael E. Sykuta 

The evidence of anticompetitive harm from institutional investing is weak and the proposed policy solutions would be more harmful than the supposed problem.

##### Features 

#### [The Regressive Effects of Child-Care Regulations ](/regulation/fall-2018/regressive-effects-child-care-regulations)

By [Ryan Bourne](https://www.cato.org/people/ryan-bourne) 

More strenuous requirements raise child-care prices but have little apparent effect on quality.

#### [Corporate Governance Oversight and Proxy Advisory Firms ](/regulation/fall-2018/corporate-governance-oversight-proxy-advisory-firms)

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

Do proxy advisors have too much power?

##### Briefly Noted 

##### [Trump’s Regulatory Legacy Will Be through Congress, Not Regulators ](/regulation/fall-2018/trumps-regulatory-legacy-will-be-through-congress-not-regulators)

By Sam Batkins 

##### [Why Can’t Food Be Genetically Engineered and Organic? ](/regulation/fall-2018/why-cant-food-be-genetically-engineered-organic)

By Henry I. Miller and John J. Cohrssen 

##### In Review 

##### [Challenging Our Grim Biases ](/regulation/fall-2018/factfulness)

By Phil R. Murray 

##### [The Constitution vs. the Bureaucracy ](/regulation/fall-2018/bureaucracy-america)

By George C. Leef 

##### [The Bitter Angels of Our Nature ](/regulation/fall-2018/political-tribes)

By Dwight R. Lee 

##### [Getting Government *More* Involved in Banking? ](/regulation/fall-2018/how-other-half-banks)

By Vern McKinley 

##### [The Blockchain Revolution ](/regulation/fall-2018/blockchain-law)

By Greg Kaza 

##### [A Bridge to Collectivism ](/regulation/fall-2018/virtue-nationalism)

By Pierre Lemieux 

##### [Is the Era of ‘Free to Choose’ Medicine Upon Us? ](/regulation/fall-2018/free-choose-medicine)

By Thomas A. Hemphill 

##### [Did FDR Default on U.S. Debt? ](/regulation/fall-2018/american-default)

By Gary Richardson 

##### [Tyranny by Facebook or by Leviathan? ](/regulation/fall-2018/how-democracy-ends)

By Pierre Lemieux 

##### [Perspective on the Terrorist Threat ](/regulation/fall-2018/what-makes-terrorist)

By David R. Henderson 

##### [A Degree Too Fa ](/regulation/fall-2018/case-against-education)

By Dwight R. Lee 

##### [The Ideal Fox in the Ideal Henhouse ](/regulation/fall-2018/termites-state)

By Pierre Lemieux 

##### [Colluding with Central Banks, Not Russians ](/regulation/fall-2018/colluion)

By Vern McKinley 

##### [Working Papers ](/regulation/fall-2018/working-papers)

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

##### Final Word 

##### [Regulating All That Is Delightful ](/regulation/fall-2018/regulating-all-delightful)

By Marni Soupcoff 

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