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# Summer 2019 

Vol. 42 No. 2 

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##### From the Cover 

### [What Constitutes “Discrimination” in College Admissions? ](/regulation/summer-2019/what-constitutes-discrimination-college-admissions)

By Dennis L. Weisman 

Universities regularly accept applicants for reasons besides academic merit, so why do diversity efforts draw special criticism?

### [The Climate-Change Doomsday Trap ](/regulation/summer-2019/climate-change-doomsday-trap)

By Richard B. McKenzie 

Given human nature, claims of a looming Armageddon are likely to move humanity closer to an environmental tipping point.

### [Recalibrating Local Politics to Increase the Supply of Housing ](/regulation/summer-2019/recalibrating-local-politics-increase-supply-housing)

By Chris Elmendorf 

State planning mandates and development-rights auctions can bolster pro-housing factions in local government.

### [Comment on “Recalibrating Local Politics to Increase the Supply of Housing” ](/regulation/summer-2019/comment-recalibrating-local-politics-increase-supply-housing)

By William A. Fischel 

### [The Ever-Popular Electoral College ](/regulation/summer-2019/ever-popular-electoral-college)

By Paul E. Godek 

##### Features 

#### [De-Sludging California’s Prop 65 ](/regulation/summer-2019/de-sludging-californias-prop-65)

By Michael L. Marlow 

The carcinogen disclosure requirement has not been shown to provide benefits that justify its high cost.

#### [Properly Valuing Gene Replacement Therapy ](/regulation/summer-2019/properly-valuing-gene-replacement-therapy)

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

The revolutionary drugs are expensive, but they offer cures to difficult and costly lifetime conditions.

#### [Redefining “Waters of the United States” ](/regulation/summer-2019/redefining-waters-united-states)

By Jonathan H. Adler 

Can the Trump administration constrain wetland regulation?

#### [Five Questions for 3,508 Economists ](/regulation/summer-2019/five-questions-3508-economists)

By Michael L. Davis 

The signatories of the recent “Economists’ Statement on Carbon Dividends” must address some important issues.

#### [An Intellectual Odyssey Cut Short ](/regulation/summer-2019/intellectual-odyssey-cut-short)

By Jane Shaw Stroup 

Robert H. Nelson, 1944–2018

#### [The Empirical Revolutionary ](/regulation/summer-2019/empirical-revolutionary)

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

Alan Krueger, 1960–2019

##### Briefly Noted 

##### [Cost-Saving Biosimilars’ Many Obstacles ](/regulation/summer-2019/cost-saving-biosimilars-many-obstacles)

By Henry I. Miller 

##### In Review 

##### [The Tech Giants Are Out to Get You ](/regulation/summer-2019/age-surveillance-capitalism)

By Sam Batkins 

##### [Greenspan’s Tale of Capitalism vs. Progressivism ](/regulation/summer-2019/capitalism-america)

By George C. Leef 

##### [Silber on Silver ](/regulation/summer-2019/story-silver)

By Gary Richardson 

##### [Don’t Forget the “Free” in Free Trade ](/regulation/summer-2019/open)

By Pierre Lemieux 

##### [A Love Letter to Tyler Cowen ](/regulation/summer-2019/big-business)

By David R. Henderson 

##### [Reinhardt’s Last Book ](/regulation/summer-2019/priced-out)

By David R. Henderson 

##### [Doing Damage to the Deference Doctrine ](/regulation/summer-2019/judicial-fortitude)

By Vern McKinley 

##### [Markets and Morality ](/regulation/summer-2019/are-markets-moral)

By George C. Leef 

##### [Incentives in the University ](/regulation/summer-2019/cracks-ivory-tower)

By Art Carden 

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

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

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

##### Final Word 

##### [The Extra-Rational Horror of Self-Regulation ](/regulation/summer-2019/extra-rational-horror-self-regulation)

By Marni Soupcoff 

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