![Media Name: regulation-v39n1-cover.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/regulation-v39n1-cover.jpg?itok=2p6I0sJZ) 

# Spring 2016 

Vol. 39 No. 1 

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

##### From the Cover 

### [The FCC Noses under the Broadband Tent Again ](/regulation/spring-2016/fcc-noses-under-broadband-tent-again)

By Larry Downes 

Rent-seeking and public choice put a deregulation success story at risk.

### [Want Cheaper Drugs? ](/regulation/spring-2016/want-cheaper-drugs)

By Charles L. Hooper and David R. Henderson 

More competition, not more government coercion, would greatly benefit consumers.

### [The $83 Billion Patent Litigation Fallacy ](/regulation/spring-2016/83-billion-patent-litigation-fallacy)

By Ron D. Katznelson 

An erroneous study misguides government policy.

### [The Social Cost of Carbon ](/regulation/spring-2016/social-cost-carbon)

By [Jason Scott Johnston](https://www.cato.org/people/jason-scott-johnston) 

How is it derived and how is it used to justify America’s climate policy?

##### Features 

#### [The USDA’s Meaningless Organic Label ](/regulation/spring-2016/usdas-meaningless-organic-label)

By John J. Cohrssen and Henry I. Miller 

The courts could end this deceptive marketing program.

#### [To Presume Much ](/regulation/spring-2016/presume-much)

By Sam Batkins 

Federal agencies have a poor track record when estimating proposed regulations’ costs and benefits.

#### [Retrospective Review in Four States ](/regulation/spring-2016/retrospective-review-four-states)

By Stuart Shapiro, Debra Borie-Holtz, and Ian Markey 

Initial efforts are encouraging, but institutionalization is limited.

##### For the Record 

##### [Reassembling Fragmented Land ](/regulation/spring-2016/reassembling-fragmented-land)

By George W. Liebmann 

##### [Regulation Milestones ](/regulation/spring-2016/regulation-milestones)

By [Thomas A. Firey](https://www.cato.org/people/thomas-firey) 

##### Briefly Noted 

##### [The Disappearing Benefits of Energy Efficiency ](/regulation/spring-2016/disappearing-benefits-energy-efficiency)

By Sofie E. Miller 

##### [What Is a Market Economy? ](/regulation/spring-2016/what-market-economy)

By Pierre Lemieux 

##### [Could PAYGO End the Prohibition on Paying Organ Donors? ](/regulation/spring-2016/could-paygoend-prohibition-paying-organ-donors)

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

##### [Obama’s Midnight ](/regulation/spring-2016/obamas-midnight)

By Daniel Perez 

##### [Are Cigarettes a Giffen Good for Poor, Expectant Women? ](/regulation/spring-2016/are-cigarettes-giffen-good-poor-expectant-women)

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

##### In Review 

##### [Sowell’s Greatest Hits, Remixed ](/regulation/spring-2016/wealth-poverty-politics)

By Art Carden 

##### [The Valium of the People ](/regulation/spring-2016/social-justice-indian-rope-trick)

By Pierre Lemieux 

##### [When Intervention Fails, Intervene ](/regulation/spring-2016/between-debt-devil)

By Vern McKinley 

##### [Not Feeling Much Bern ](/regulation/spring-2016/end-socialism)

By Art Carden 

##### [Frequently Insightful but Often Misleading ](/regulation/spring-2016/other-peoples-money)

By David R. Henderson 

##### [What’s Really Disgusting? ](/regulation/spring-2016/markets-without-limits)

By George C. Leef 

##### [Government Knows Best? ](/regulation/spring-2016/phishing-phools)

By Phil R. Murray 

##### [Don’t Stop Me Before I Injure Myself ](/regulation/spring-2016/foolproof)

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

##### [Leviathan with a Human Face? ](/regulation/spring-2016/liberty-coercion)

By Pierre Lemieux 

##### [Working Papers ](/regulation/spring-2016/working-papers)

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

##### Final Word 

##### [California Fantasies ](/regulation/spring-2016/california-fantasies)

By Tim Rowland 

##### Latest Issues 

[![Regulation - Fall 2026 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2026-09/regulation-fall-2026-cover.jpg?itok=4PdTh8RK)](https://www.cato.org/regulation/fall-2026) 

[Fall 2026](/regulation/fall-2026)

[![Regulation - Summer 2026 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2026-06/regulation-summer-2026-cover.jpg?itok=mgR9E73X)](https://www.cato.org/regulation/summer-2026) 

[Summer 2026](/regulation/summer-2026)

[![Regulation - Spring 2026 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2026-03/regulation-spring-2026-cover.png?itok=_E4_q18u)](https://www.cato.org/regulation/spring-2026) 

[Spring 2026](/regulation/spring-2026)

[![Regulation Winter 2025-2026 Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2025-12/regulation-v48n4-cover.jpg?itok=QSGuJRQT)](https://www.cato.org/regulation/winter-2025-2026) 

[Winter 2025–2026](/regulation/winter-2025-2026)