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# Winter 2005 

Vol. 28 No. 4 

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

##### From the Cover 

### [Before Kelo ](/regulation/winter-2005/kelo)

By William A. Fischel 

Federal grants encourage excessive use of eminent domain.

### [Why Do We Regulate Banks? ](/regulation/winter-2005/why-do-we-regulate-banks)

By Peter J. Wallison 

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

### [The Perverse Effects of Predatory Pricing Law ](/regulation/winter-2005/perverse-effects-predatory-pricing-law)

By Daniel A. Crane 

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

##### Features 

#### [Protection for Whom? ](/regulation/winter-2005/protection-whom)

By Stanley D. Longhofer and Stephen R. Peters 

Efficient liquidation benefits creditors as a group.

#### [Can Fee Disclosure Be Trusted? ](/regulation/winter-2005/can-fee-disclosure-be-trusted)

By Denise Dickins and Terrance Skantz 

Does Sarbanes-Oxley’s disclosures produce useful information?

#### [Quack Corporate Governance ](/regulation/winter-2005/quack-corporate-governance)

By Roberta Romano 

##### Mercatus Reports 

##### [Texas Telecom Legislation ](/regulation/winter-2005/texas-telecom-legislation)

By Jerry Ellig 

##### [Natural Gas Quality Standards ](/regulation/winter-2005/natural-gas-quality-standards)

By Jerry Ellig 

##### [Orphan Works ](/regulation/winter-2005/orphan-works)

By Jerry Brito 

##### [Commentary: The Very Boring Reasons behind High Gas Prices ](/regulation/winter-2005/commentary-very-boring-reasons-behind-high-gas-prices)

##### Briefly Noted 

##### [Do Consumers Value Fuel Economy? ](/regulation/winter-2005/do-consumers-value-fuel-economy)

By Molly Espey 

##### [What to Do about Bad Patents? ](/regulation/winter-2005/what-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*](/regulation/winter-2005/book-review-market-virtue-potential-limits-corporate-social-responsibility)

By [William A. Niskanen](https://www.cato.org/people/william-niskanen) 

##### [Book Review: *In the Defense of the Economic Analysis of Regulation*](/regulation/winter-2005/book-review-defense-economic-analysis-regulation)

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

##### [Book Review: *Access to Justice*](/regulation/winter-2005/book-review-access-justice)

By George C. Leef 

##### [Second Thoughts? ](/regulation/winter-2005/second-thoughts)

By Marni Soupcoff 

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