From the Cover

Energy & Natural Resources

Cheaper Oil Cannot Hurt the Economy

Lower and higher oil prices cannot both be bad.

Health & Medicine

ACA Lawlessness Plagues the States

Red states are at the forefront of these extralegal health care expansions.

Bootleggers, Baptists, and E‑Cigs

Unlikely allies from the tobacco wars try to fight a game-changer.

Still Awaiting the ‘Biosimilars’ Revolution

Despite recent e orts, the United States remains a long way from a Hatch-Waxman breakthrough for biologic drugs.

Features

Transportation

Oil Train Angst

Are proposed regulations on oil rail shipments good policy?

Health & Medicine

Beyond Medical Licensure

Is licensing more important for doctors than for interior decorators or hair braiders?

For the Record

Briefly Noted

Final Word