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# Fall 2019 

Vol. 42 No. 3 

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

##### From the Cover 

### [The Potential Pitfalls of Combating Surprise Billing ](/regulation/fall-2019/potential-pitfalls-combating-surprise-billing)

By [Ike Brannon](https://www.cato.org/people/ike-brannon) and [David Kemp](https://www.cato.org/people/david-kemp) 

A “baseball-style” arbitration process has shown promise in New York state

### [Comment ](/regulation/fall-2019/comment)

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

### [How Should Antibiotics Be Regulated? ](/regulation/fall-2019/how-should-antibiotics-be-regulated)

By Jonathan Anomaly 

Overuse of antibiotics is a public goods problem.

### [Good Money after Bad? ](/regulation/fall-2019/good-money-after-bad)

By Lawrence Haar 

Is the Strategic Petroleum Reserve vital to U.S. energy security?

### [A Reset for the Renewable Fuels Standard? ](/regulation/fall-2019/reset-renewable-fuels-standard)

By Arthur R. Wardle 

The environmental record for biofuels is bleak, but upcoming regulatory reviews offer a chance to change course.

##### Features 

#### [Changing Speed Bumps into Guardrails ](/regulation/fall-2019/changing-speed-bumps-guardrails)

By Michael Archbold, Hollis Hart, and Joseph Minarik 

##### For the Record 

##### [College Admissions Preferences Are Not Justified ](/regulation/fall-2019/college-admissions-preferences-are-not-justified)

By George C. Leef 

##### [Response ](/regulation/fall-2019/response)

By Dennis L. Weisman 

##### Briefly Noted 

##### [Time for Radiation Regulation to Evolve ](/regulation/fall-2019/time-radiation-regulation-evolve)

By Brant A. Ulsh and [Edward J. Calabrese](https://www.cato.org/people/edward-calabrese) 

##### [Would a U.S. Carbon Tax Change Things? ](/regulation/fall-2019/would-us-carbon-tax-change-things)

By Kenneth W. Costello 

##### [The FDA Needs More Accountability, Not More Independence ](/regulation/fall-2019/fda-needs-more-accountability-not-more-independence)

By Henry I. Miller 

##### [What Does the OMB Memo Mean for Review of Independent Agency Actions? ](/regulation/fall-2019/what-does-omb-memo-mean-review-independent-agency-actions)

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

##### [The Pursuit of Nuttiness ](/regulation/fall-2019/pursuit-nuttiness)

By Pierre Lemieux 

##### In Review 

##### [Bending the Rules ](/regulation/fall-2019/bending-rules)

By Sam Batkins 

##### [The Panic of 1819 ](/regulation/fall-2019/panic-1819)

By Vern McKinley 

##### [Carbon Trading and International Trade ](/regulation/fall-2019/emissions-trading-schemes-under-international-economic-law)

By Greg Kaza 

##### [Modern Energy Market Manipulation ](/regulation/fall-2019/modern-energy-market-manipulation)

By Timothy J. Brennan 

##### [Virtuous Entrepreneurship ](/regulation/fall-2019/private-public-virtues-honorable-entrepreneur)

By Phil R. Murray 

##### [Eudaimonic Business ](/regulation/fall-2019/honorable-business)

By Art Carden 

##### [Not the Average Economist ](/regulation/fall-2019/what-should-economists-do)

By Pierre Lemieux 

##### [Run the Economy Hot? ](/regulation/fall-2019/not-working)

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

##### [A Call for Government- Induced Competition ](/regulation/fall-2019/myth-capitalism)

By Thomas A. Hemphill 

##### [Quiggin’s Missing Lesson ](/regulation/fall-2019/economics-two-lessons)

By David R. Henderson 

##### [Cereals and the State ](/regulation/fall-2019/against-grain)

By Art Carden 

##### [Geopolitics and Finance ](/regulation/fall-2019/merger-masters)

By Greg Kaza 

##### [Are the ‘Big Four’ on Their Last Legs? ](/regulation/fall-2019/big-four)

By Vern McKinley 

##### [In Praise of Capitalism ](/regulation/fall-2019/power-capitalism)

By Pierre Lemieux 

##### [Working Papers ](/regulation/fall-2019/working-papers)

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

A summary of recent papers that may be of interest to *Regulation*’s readers

##### Final Word 

##### [The New Trustbusters ](/regulation/fall-2019/new-trustbusters)

By Tim Rowland 

##### Latest Issues 

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