Regulation: Winter 2005 | Cato Institute

From the Cover

Property

Before Kelo

By William A. Fischel

Federal grants encourage excessive use of eminent domain.

Banking & Finance

Why Do We Regulate Banks?

By Peter J. Wallison

Concerns that are used to justify government intervention can be addressed privately.

Theory

The Perverse Effects of Predatory Pricing Law

By Daniel A. Crane

Even if predation is possible, does intense price competition harm consumers?

Features

Bankruptcy

Protection for Whom?

By Stanley D. Longhofer and Stephen R. Peters

Efficient liquidation benefits creditors as a group.

Corporate Governance

Can Fee Disclosure Be Trusted?

By Denise Dickins and Terrance Skantz

Does Sarbanes‐Oxley’s disclosures produce useful information?

Corportate Governance

Quack Corporate Governance

By Roberta Romano

Mercatus Reports

Texas Telecom Legislation

By Jerry Ellig

Natural Gas Quality Standards

By Jerry Ellig

Orphan Works

By Jerry Brito

Commentary: The Very Boring Reasons behind High Gas Prices

Briefly Noted

Do Consumers Value Fuel Economy?

By Molly Espey

What to Do about Bad Patents?

By Mark A. Lemley and Douglas Lichtman

In Review

Book Review: The Market for Virtue: The Potential and Limits of Corporate Social Responsibility

By William A. Niskanen

Book Review: In the Defense of the Economic Analysis of Regulation

By Ike Brannon

Book Review: Access to Justice

By George C. Leef

Second Thoughts?

By Marni Soupcoff