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# Winter 2007 

Vol. 30 No. 4 

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##### From the Cover 

### [The Terrible ‘Ifs’ ](/regulation/winter-2007/terrible-ifs)

By [Benjamin H. Friedman](https://www.cato.org/people/benjamin-friedman) 

U.S. defense policymakers have adopted the precautionary principle.

##### Features 

#### [Calculating the ‘Big Kill’ ](/regulation/winter-2007/calculating-big-kill)

By Brad Rodu 

CDC estimates of smoking-related deaths do not add up.

#### [The Failure of U.S. Organ Procurement Policy ](/regulation/winter-2007/failure-us-organ-procurement-policy)

By T. Randolph Beard, John D. Jackson, and David L. Kaserman 

"How many deaths will it take 'til we know that too many people 
have died?"

#### [The Missing Link Between Insider Trading and Securities Fraud ](/regulation/winter-2007/missing-link-between-insider-trading-securities-fraud)

By Richard A. Booth 

Stockholders always lose in a securities fraud class action.

#### [Has the Pendulum Swung Too Far? ](/regulation/winter-2007/has-pendulum-swung-too-far)

By Howard H. Chang and David S. Evans 

Post-Enron responses to corporate crime have created a climate 
of fear for honest corporate officers.

#### [Anti-Conservation Incentives ](/regulation/winter-2007/anti-conservation-incentives)

By Jonathan H. Adler 

The Endangered Species Act is endangering species.

#### [The Property Rights Movement and Intellectual Property ](/regulation/winter-2007/property-rights-movement-intellectual-property)

By [Richard A. Epstein](https://www.cato.org/people/richard-epstein) 

A response to Peter Menell.

#### [Intellectual Property and the Law of Land ](/regulation/winter-2007/intellectual-property-law-land)

By Peter S. Menell 

A reply to Richard Epstein.

##### For the Record 

##### [Trading, Taxes, Regulation, or OPEC? ](/regulation/winter-2007/trading-taxes-regulation-or-opec)

By Jim Johnston 

##### [Cap this Discussion ](/regulation/winter-2007/cap-discussion)

By S. Fred Singer 

##### [Markets and Global Warming ](/regulation/winter-2007/markets-global-warming)

By Klaus Lackner 

##### Mercatus Reports 

##### [Private Securities Exchanges ](/regulation/winter-2007/private-securities-exchanges)

By Houman B. Shadab 

##### [Transparency ](/regulation/winter-2007/transparency)

By Mark Adams and Jerry Brito 

##### [Commentary: Big Banks, Not Small Businesses, Benefit from the SBA ](/regulation/winter-2007/commentary-big-banks-not-small-businesses-benefit-sba)

By [Veronique de Rugy](https://www.cato.org/people/veronique-derugy) 

##### In Review 

##### [Book Review: *What Do Unions Do? — A Twenty-Year Perspective*](/regulation/winter-2007/book-review-what-do-unions-do-twenty-year-perspective)

By George C. Leef 

##### [Book Review: *Immigrants: Your Country Needs Them*](/regulation/winter-2007/book-review-immigrants-country-needs-them)

By George C. Leef 

##### Briefly Noted 

##### [Philadelphia Story ](/regulation/winter-2007/philadelphia-story)

By Kay H. Jones 

##### [A Gene-Splicing Contrivance ](/regulation/winter-2007/gene-splicing-contrivance)

By Henry I. Miller 

##### Final Word 

##### [Water on the Brain ](/regulation/winter-2007/water-brain)

By Marni Soupcoff 

##### [A Regulatory Play in Two Acts ](/regulation/winter-2007/regulatory-play-two-acts)

By Scott Wallsten 

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