![Regulation - Fall 2025 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2025-09/regulation-fall-2025-cover.jpg?itok=J1c2GfKo) 

# Fall 2025 

Vol. 48 No. 3 

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##### From the Cover 

### [The Next Nuclear Renaissance? ](/regulation/fall-2025/next-nuclear-renaissance)

By Steve Thomas 

Will a new wave of nuclear power projects deliver the safe and economical electricity that proponents have long predicted?

##### Behind the Issue 

### *Unintended Consequences*

##### The Podcast of *Regulation*

In This Episode 

President Trump recently fired the Commissioner of the Bureau of Labor Statistics (BLS), claiming that the downward revision of employment numbers was evidence of some kind of conspiracy to make the administration look bad. Paul and Peter unpack what it is that the BLS actually does, why it’s constantly revising its estimates, and the potential negative consequences of politicizing economic data collection.

In conjunction with [Regulation Magazine Fall 2025 edition](https://www.cato.org/regulation/fall-2025)

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##### Features 

#### [Monopsonies in Patent Inhabiting Industries ](/regulation/fall-2025/monopsonies-patent-inhabiting-industries)

By Roy Baharad and Gideon Parchomovsky 

What if monopolies are not the real problem in innovation markets?

#### [A VAT Is Not a Disguised Trade Barrier ](/regulation/fall-2025/vat-not-disguised-trade-barrier)

By Pierre Lemieux 

Protectionists who claim other countries’ value added taxes are export subsidies or import tariffs don’t understand how these taxes work.

#### [How Nuisance Law Can Improve Food Safety ](/regulation/fall-2025/how-nuisance-law-can-improve-food-safety)

By Timothy D. Lytton 

Tort can combat foodborne illnesses caused by livestock waste.

#### [The High Price of ‘Costless’ Climate Cleanup ](/regulation/fall-2025/high-price-costless-climate-cleanup)

By Jonathan Klick 

Claims that there are no harmful economic effects from state “Climate Superfund” laws are dubious.

#### [Using Markets to Decarbonize ](/regulation/fall-2025/using-markets-decarbonize)

By Jonathan H. Adler 

Traditional environmental regulation is not powerful enough for problems on the scale of climate change.

##### Briefly Noted 

##### [Firing a Chief Statistician ](/regulation/fall-2025/firing-chief-statistician)

By Pierre Lemieux 

##### [Biden, Trump, and AI ](/regulation/fall-2025/biden-trump-ai)

By Thomas A. Hemphill 

##### In Review 

##### [Book Review: *In Covid’s Wake: How Our Politics Failed Us*](/regulation/fall-2025/book-review-covids-wake)

By David R. Henderson 

##### [Book Review: *Default: The Landmark Court Battle Over Argentina’s $100 Billion Debt Restructuring*](/regulation/fall-2025/book-review-default-landmark-court-battle-over-argentinas-100-billion-debt-restructuring)

By Vern McKinley 

##### [Book Review: *False Dawn: The New Deal and the Promise of Recovery, 1933–1947*](/regulation/fall-2025/book-review-false-dawn-new-deal-promise-recovery-1933-1947)

By George C. Leef 

##### [Book Review: *The Singularity Is Nearer: When We Merge with AI*](/regulation/fall-2025/book-review-singularity-nearer-when-we-merge-ai)

By Thomas A. Hemphill 

##### [Book Review: *The Licensing Racket: How We Decide Who Is Allowed to Work, & Why It Goes Wrong*](/regulation/fall-2025/book-review-licensing-racket-how-we-decide-who-allowed-work-why-it-goes-wrong)

By Phil R. Murray 

##### [Working Papers ](/regulation/fall-2025/working-papers)

By [Peter Van Doren](https://www.cato.org/people/peter-van-doren) and [Thomas A. Firey](https://www.cato.org/people/thomas-firey) 

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

##### Final Word 

##### [Saving Environmentalism from the NIMBYs ](/regulation/fall-2025/saving-environmentalism-nimbys)

By Tim Rowland 

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