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# Jul/​Aug 1977 

Vol. 1 No. 1 

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

##### Inaugural Issue 

#### [About This Journal ](/regulation/jul/aug-1977/about-journal)

##### Features 

#### [Opinion: A Regulated Society? ](/regulation/jul/aug-1977/opinion-regulated-society)

By Irving Kristol 

#### [Lessons of the Economic Impact Statement Program ](/regulation/jul/aug-1977/lessons-economic-impact-statement-program)

#### [The Politics of Policy Analysis: Protection or Overprotection in Drug Regulation ](/regulation/jul/aug-1977/politics-policy-analysis-protection-or-overprotection-drug-regulation)

By David Seidman 

#### [Two Wrongs Don’t Make a Right: The Judicialization of Standardless Rulemaking ](/regulation/jul/aug-1977/two-wrongs-dont-make-right-judicialization-standardless-rulemaking)

By Antonin Scalia 

##### Perspectives 

##### [Issues in Airline Regulatory Reform ](/regulation/jul/aug-1977/issues-airline-regulatory-reform)

##### [On Cable-TV and “Lobbying” before the Agencies ](/regulation/jul/aug-1977/cable-tv-lobbying-agencies)

##### [Improved UHF Reception &mdash How Much? Who Will Pay? ](/regulation/jul/aug-1977/improved-uhf-reception-mdash-how-much-who-will-pay)

##### [OSHA and Work-Place Hazards: Cotton Dust ](/regulation/jul/aug-1977/osha-work-place-hazards-cotton-dust)

##### [Trouble for White-Water Rafting? ](/regulation/jul/aug-1977/trouble-white-water-rafting)

##### [Import Restrictions on Sugar, Shoes, and TV Sets ](/regulation/jul/aug-1977/import-restrictions-sugar-shoes-tv-sets)

##### [Containing Hospital Costs ](/regulation/jul/aug-1977/containing-hospital-costs)

##### [Saccharin and the Public Interest ](/regulation/jul/aug-1977/saccharin-public-interest)

##### Readings 

##### [In Defense of Price Cutting ](/regulation/jul/aug-1977/defense-price-cutting)

##### [Trends in Regulation ](/regulation/jul/aug-1977/trends-regulation)

##### [More on Rate-of-Return Regulation ](/regulation/jul/aug-1977/more-rate-return-regulation)

##### [Regulatory Illusion ](/regulation/jul/aug-1977/regulatory-illusion)

##### [Management Self-Indulgence ](/regulation/jul/aug-1977/management-self-indulgence)

##### [A Major Theoretical Advance ](/regulation/jul/aug-1977/major-theoretical-advance)

##### [Advertising and Concentrated Industries ](/regulation/jul/aug-1977/advertising-concentrated-industries)

##### [Contradiction on Capitol Hill ](/regulation/jul/aug-1977/contradiction-capitol-hill)

##### [Bigger Government-Less Control? ](/regulation/jul/aug-1977/bigger-government-less-control)

##### [A Dead End? ](/regulation/jul/aug-1977/dead-end)

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