From the Cover
What Is Industrial Policy? What Is It for?
Three recent papers help us think through these questions.
Behind the Issue
Unintended Consequences
The Podcast of Regulation
The Chairman of the Federal Communications Commission threatened to not renew licenses for broadcasters that were too negative in their coverage of the US-Iran War. But this abuse of FCC authority in the name of protecting the “public interest” is merely the latest episode in a long and dismal history. This week, Peter and Paul discuss the downsides of government licensing of broadcast speech, how it violates the founding principles of this country, and the surprisingly simple solution that would bring it to a well-deserved end.
Features
Could Trump Make America Less Retributive?
The second Trump administration has eased some harsh criminal penalties.
Reconsidering Ivermectin
Despite a skeptical Cochrane review, the antiparasitic is still a valuable tool for combating COVID.
A Tragic Unintended Consequence
Did adding a “black box” warning to antidepressants lower their usage and increase youth suicides?
Prescriptive Authority for Psychologists Is a Public Health Imperative
Policymakers must dismantle regulatory barriers that restrict access to needed care.
Briefly Noted
Oh BOI: Reforming Financial Reporting
Lengthy federal litigation has attempted to stop the implementation of various BOI requirements, with critics claiming they are overly burdensome, unconstitutional, and raise privacy and data security concerns.
Another Trump Turn from Reaganism
President Reagan’s Executive Order 12291 in 1981 directed agencies to regulate only if the economic benefits outweigh the costs of such regulation.
Improving Energy Assistance Programs
The recent, rapid rise in electricity prices is a prominent component of the discussion over “affordability.”
There Is No Labor Shortage
Despite employer complaints of a labor shortage of trade workers, their high wages simply show they are in demand.
Freedom of Speech and Academic Freedom
Are professors’ rights to free speech limited by students’ academic freedom?
Buried in Bureaucracy
The administrative costs of federal grants are vast and growing.
Trump’s Carbon ‘Endangerment Finding’ Is a Cautionary Tale
On the regulatory front, however, climate policy has been much more active.
In Review
Working Papers
A summary of recent papers that may be of interest to Regulation’s readers.
Final Word
Trump’s ’70s Show Reboot
Instead of the Nixon Shock, we have Donald J. Trump, a seemingly limitless source of shocks.
