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# Spring 2015 

Vol. 38 No. 1 

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##### From the Cover 

### [Cheaper Oil Cannot Hurt the Economy ](/regulation/spring-2015/cheaper-oil-cannot-hurt-economy)

By Pierre Lemieux 

Lower and higher oil prices cannot both be bad.

### [ACA Lawlessness Plagues the States ](/regulation/spring-2015/aca-lawlessness-plagues-states)

By Christina Sandefur 

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

### [Bootleggers, Baptists, and E‑Cigs ](/regulation/spring-2015/bootleggers-baptists-e-cigs)

By Jonathan H. Adler, Roger E. Meiners, Andrew P. Morriss, & Bruce Yandle 

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

### [Still Awaiting the ‘Biosimilars’ Revolution ](/regulation/spring-2015/still-awaiting-biosimilars-revolution)

By Henry I. Miller 

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

##### Features 

#### [Oil Train Angst ](/regulation/spring-2015/oil-train-angst)

By Feder Bose 

Are proposed regulations on oil rail shipments good policy?

#### [Beyond Medical Licensure ](/regulation/spring-2015/beyond-medical-licensure)

By [Shirley Svorny](https://www.cato.org/people/shirley-svorny) 

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

##### For the Record 

##### [Concerns about Federal GMO Food Legislation ](/regulation/spring-2015/concerns-about-federal-gmo-food-legislation)

By Henry I. Miller and Drew L. Kershen 

##### Briefly Noted 

##### [The CPSC’s Off-Road Adventure ](/regulation/spring-2015/cpscs-road-adventure)

By Joseph Cordes and Blake Taylor 

##### [EPA’s Analytical Jujitsu ](/regulation/spring-2015/epas-analytical-jujitsu)

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

##### [Complexity, Regulation, and Nanotechnology ](/regulation/spring-2015/complexity-regulation-nanotechnology)

By Pythagoras Petratos 

##### In Review 

##### [A Liberal Heretic Contradicts Piketty ](/regulation/spring-2015/was-jfk-wrong-economy-goes-college)

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

##### [More than a Principal Deputy Assistant ](/regulation/spring-2015/trillion-dollar-economists)

By Pierre Lemieux 

##### [Peter Wallison Dissents Again, with Feeling ](/regulation/spring-2015/hidden-plain-sight)

By Vern McKinley 

##### [Property and Cities ](/regulation/spring-2015/boom-towns)

By George C. Leef 

##### [You Had Me at Page One ](/regulation/spring-2015/where-does-it-hurt)

By David R. Henderson 

##### [Do Good Names Bring Great Riches? ](/regulation/spring-2015/son-also-rises)

By Art Carden 

##### [Finance According to Non-Academics ](/regulation/spring-2015/all-presidents-bankers-money-flash-boys)

By Vern McKinley 

##### [Adam Smith’s Guide to Living ](/regulation/spring-2015/adam-smiths-guide-living)

By David R. Henderson 

##### [From More than Zero to Less than One ](/regulation/spring-2015/more-zero-less-one)

By Pierre Lemieux 

##### [Sunstein’s Knowledge Problem ](/regulation/spring-2015/sunsteins-knowledge-problem)

By Phil R. Murray 

##### [‘Moneyball for Government’ Needs ‘Moneyball’ Politicians ](/regulation/spring-2015/moneyball-government-needs-moneyball-politicians)

By Sam Batkins 

##### [Working Papers ](/regulation/spring-2015/working-papers)

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

##### Final Word 

##### [The Joy of Deprivation ](/regulation/spring-2015/joy-deprivation)

By A. Barton Hinkle 

##### Latest Issues 

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