![Media Name: regulation-v42n1-cover.png](/sites/cato.org/files/styles/serial_cover_phone/public/right-homepage-images/regulation-v42n1-cover.png?itok=P8QF0JWN) 

# Spring 2019 

Vol. 42 No. 1 

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

##### From the Cover 

### [Should Automakers Be Responsible for Accidents? ](/regulation/spring-2019/should-automakers-be-responsible-accidents)

By Kyle D. Logue 

Automaker enterprise liability would have useful incentives that driver liability law misses.

### [Hurting Americans in Order to Hurt Foreigners ](/regulation/spring-2019/hurting-americans-order-hurt-foreigners)

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

Benefit–cost analysis challenges the Trump administration’s effort to end the H‑4 EAD program

### [The Troubled History of Cancer Risk Assessment ](/regulation/spring-2019/troubled-history-cancer-risk-assessment)

By [Edward J. Calabrese](https://www.cato.org/people/edward-calabrese) 

### [A Cautionary Tale about Energy Efficiency Initiatives ](/regulation/spring-2019/cautionary-tale-about-energy-efficiency-initiatives)

By Kenneth W. Costello 

##### Features 

#### [Tipped Workers and the Minimum Wage ](/regulation/spring-2019/tipped-workers-minimum-wage)

By Richard B. McKenzie 

California’s broad minimum-wage increases appear tailored to manage political forces.

#### [Utility Energy Efficiency Initiatives Are Good Policy ](/regulation/spring-2019/utility-energy-efficiency-initiatives-are-good-policy)

By Martin Kushler, Ed Vine, and Ken Keating 

These programs address important market failures and have been shown to be cost-effective.

#### [A Conservative Anarchist? ](/regulation/spring-2019/conservative-anarchist)

By Pierre Lemieux 

Anthony de Jasay, 1925–2019

##### Briefly Noted 

##### [Are Market Data Fees Too High? ](/regulation/spring-2019/are-market-data-fees-too-high)

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

##### [The SEC’s Pay Ratio Regulation Reveals What We Already Knew ](/regulation/spring-2019/secs-pay-ratio-regulation-reveals-what-we-already-knew)

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

##### [USDA Reform: Help Rural America by Freeing Scientific Innovation ](/regulation/spring-2019/usda-reform-help-rural-america-freeing-scientific-innovation)

By Amanda Maxham and Henry I. Miller 

##### In Review 

##### [Us or Them, or Us and Them? ](/regulation/spring-2019/defense-openness)

By Pierre Lemieux 

##### [The Truth about Economic Incentive Programs ](/regulation/spring-2019/incentives-pander)

By Greg Kaza 

##### [Let’s Hear It for the Standard Narrative ](/regulation/spring-2019/fighting-financial-crises)

By Vern McKinley 

##### [Landsburg’s New Puzzles ](/regulation/spring-2019/can-you-outsmart-economist)

By Phil R. Murray 

##### [An Open and Enlightened Libertarianism ](/regulation/spring-2019/stubborn-attachments)

By Pierre Lemieux 

##### [Roads for the Future ](/regulation/spring-2019/rethinking-americas-highways)

By George C. Leef 

##### [A Damning Portrait of the New York Fed ](/regulation/spring-2019/noncompliant)

By Vern McKinley 

##### [Working Papers ](/regulation/spring-2019/working-papers)

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

A summary of recent papers that may be of interest to *Regulation*’s readers.

##### Final Note 

#### [Why Can’t We Admit Policy Mistakes? ](/regulation/spring-2019/why-cant-we-admit-policy-mistakes)

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)