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# Spring 2014 

Vol. 37 No. 1 

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##### From the Cover 

### [Learning How to Fish ](/regulation/spring-2014/learning-how-fish)

By Jonathan H. Adler and Nathaniel Stewart 

Catch shares are vital to the future of fishery conservation.

### [Bringing Religion into Economic Policy Analysis ](/regulation/spring-2014/bringing-religion-economic-policy-analysis)

By Robert H. Nelson 

Many policy debates are motivated by people’s “religious” beliefs—including economists’. 

### [The Next Banking Crisis ](/regulation/spring-2014/next-banking-crisis)

By Charles Calomiris and Stephen H. Haber 

Will the latest round of reform bring an end to subsidizing risky mortgages? 

### [The Striking Success of the NLRA ](/regulation/spring-2014/striking-success-nlra)

By Michael Wachter 

The law has brought labor peace and improved workers’ negotiating power, which may explain why union membership is declining. 

##### Features 

#### [Income Inequality and the NBA ](/regulation/spring-2014/income-inequality-nba)

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

Why not redistribute players’ salaries? Or other people’s incomes? 

#### [The Two Moralities of Outlawing Price Gouging ](/regulation/spring-2014/two-moralities-outlawing-price-gouging)

By Dwight R. Lee 

When economists criticize anti-price-gouging laws, they need to do so in moral terms. 

#### [Securities Litigation after *Amgen*](/regulation/spring-2014/securities-litigation-after-amgen)

By Richard A. Booth 

It’s time to reassess the fraud-on-the-market presumption. 

#### [Really Opening Up the American Skies ](/regulation/spring-2014/really-opening-american-skies)

By Kenneth J. Button 

It’s time to allow foreign airlines to compete in U.S. domestic markets. 

#### [ *The Moral Vision of a Blind Economist*](/regulation/spring-2014/moral-vision-blind-economist)

By David R. Henderson 

Walter Oi, 1929–2013 

##### For the Record 

##### [More Economic Freedom in the Music City ](/regulation/spring-2014/more-economic-freedom-music-city)

By Mark Frankena 

##### [The EPA and Risk Analysis ](/regulation/spring-2014/epa-risk-analysis)

By Richard Wilson 

##### Briefly Noted 

##### [Changing Rule Estimates ](/regulation/spring-2014/changing-rule-estimates)

By Sam Batkins and Mitch Boynton 

##### [OSHA’s Long-Awaited Crystalline Silica Rule ](/regulation/spring-2014/oshas-long-awaited-crystalline-silica-rule)

By Susan E. Dudley 

##### [The Meaninglessness of the SEC Pay Disclosure Rule ](/regulation/spring-2014/meaninglessness-sec-pay-disclosure-rule)

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

##### [Regressive Furnace Fans ](/regulation/spring-2014/regressive-furnace-fans)

By Sofie E. Miller 

##### In Review 

##### [The Powerful Case for Immigration ](/regulation/spring-2014/humane-pro-growth)

By David R. Henderson 

##### [No Longer the Land of Opportunity? ](/regulation/spring-2014/american-illness)

By George C. Leef 

##### [Profits and Public Officials ](/regulation/spring-2014/against-profit-motive)

By George C. Leef 

##### [Working Papers ](/regulation/spring-2014/working-papers)

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

##### Final Word 

##### [Disaster on the Elk River ](/regulation/spring-2014/disaster-elk-river)

By Tim Rowland 

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