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# Jul/​Aug 1978 

Vol. 2 No. 4 

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##### From the Publisher 

#### [One Year of Regulation ](/regulation/jul/aug-1978/one-year-regulation)

By William J. Baroody 

##### Features 

#### [The Emerging Market in Air Pollution Rights ](/regulation/jul/aug-1978/emerging-market-air-pollution-rights)

By Bruce Yandle 

#### [Midwest Railroads and Northeast Lessons ](/regulation/jul/aug-1978/midwest-railroads-northeast-lessons)

By John W. Barnum 

#### [Hobbling Coal: How to Serve Two Masters Poorly ](/regulation/jul/aug-1978/hobbling-coal-how-serve-two-masters-poorly)

By [Richard L. Gordon](https://www.cato.org/people/richard-gordon) 

#### [Government Astride the Political Process: The Federal Election Commission ](/regulation/jul/aug-1978/government-astride-political-process-federal-election-commission)

By John R. Bolton 

##### Letters 

##### [The Guadalajara Clause ](/regulation/jul/aug-1978/guadalajara-clause)

##### [Telecommunications ](/regulation/jul/aug-1978/telecommunications)

##### [Welfare and Voting ](/regulation/jul/aug-1978/welfare-voting)

##### Perspectives 

##### [OSHA and the Fourth Amendment ](/regulation/jul/aug-1978/osha-fourth-amendment)

##### [The Railroads’ “Yo-Yo” Provision Expires ](/regulation/jul/aug-1978/railroads-yo-yo-provision-expires)

##### [New Rules against “Redlining” ](/regulation/jul/aug-1978/new-rules-against-redlining)

##### [The Valproic Acid Controversy ](/regulation/jul/aug-1978/valproic-acid-controversy)

##### [Vermont Yankee Power: Judicial Oversight of Agency Procedures ](/regulation/jul/aug-1978/vermont-yankee-power-judicial-oversight-agency-procedures)

##### [Interest on Checking Accounts: The Fed, the Banks, and the S&Ls ](/regulation/jul/aug-1978/interest-checking-accounts-fed-banks-sls)

##### [Should Polluters Pay? ](/regulation/jul/aug-1978/should-polluters-pay)

##### [The CAB, the Congress, and Competition for the Airlines ](/regulation/jul/aug-1978/cab-congress-competition-airlines)

##### Readings 

##### [More on Campaign Spending ](/regulation/jul/aug-1978/more-campaign-spending)

##### [Predatory Pricing: A Redefinition ](/regulation/jul/aug-1978/predatory-pricing-redefinition)

##### [The FTC: Competition and Stability ](/regulation/jul/aug-1978/ftc-competition-stability)

##### [The Value of a Life ](/regulation/jul/aug-1978/value-life)

##### [The Other Side of Advertising ](/regulation/jul/aug-1978/other-side-advertising)

##### [Does Freight Rate Regulation Really Matter? ](/regulation/jul/aug-1978/does-freight-rate-regulation-really-matter)

##### [ICC Regulation of Household Movers ](/regulation/jul/aug-1978/icc-regulation-household-movers)

##### [Public Disclosure at the Fed ](/regulation/jul/aug-1978/public-disclosure-fed)

##### [Burdening the Democratic Process ](/regulation/jul/aug-1978/burdening-democratic-process)

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