![Media Name: regulation-v37n4-cover.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/regulation-v37n4-cover.jpg?itok=l4kv5bw1) 

# Winter 2014–2015 

Vol. 37 No. 4 

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

##### From the Cover 

### [Market Test or Government Guess? ](/regulation/winter-2014-2015/market-test-or-government-guess)

By Michael L. Marlow 

Are government efforts to “nudge” us to lose weight really based on science?

### [A Feel for Economics ](/regulation/winter-2014-2015/feel-economics)

By David R. Henderson 

Murray L. Weidenbaum, 1927–2014

### [A Slow-Motion Collapse ](/regulation/winter-2014-2015/slow-motion-collapse)

By Pierre Lemieux 

Why hasn’t regulation crashed the American economy?

### [From *Basic* to *Halliburton*](/regulation/winter-2014-2015/basic-halliburton)

By M. Todd Henderson and Adam C. Pritchard 

Judges made the securities class-action mess, but who can clean it up?

##### Features 

#### [More Flexible International Travel ](/regulation/winter-2014-2015/more-flexible-international-travel)

By Kenneth J. Button 

EU–U.S. Open Skies agreements have benefi ted consumers and boosted the economy, but more gains are possible.

#### [The Rise of the Empowered Consumer ](/regulation/winter-2014-2015/rise-empowered-consumer)

By Lewis A. Grossman 

In recent decades, the FDA has allowed people to take a more active role in their health care.

#### [Cigarette Taxes and Smoking ](/regulation/winter-2014-2015/cigarette-taxes-smoking)

By Kevin Callison and Robert Kaestner 

Will higher taxes yield a public benefit?

##### For the Record 

##### [Response to Libecap’s Review ](/regulation/winter-2014-2015/response-libecaps-review)

By David Zetland 

##### Briefly Noted 

##### [How Much Would the EPA’s Greenhouse Gas Rule Cool the Earth? ](/regulation/winter-2014-2015/how-much-would-epas-greenhouse-gas-rule-cool-earth)

By Art Fraas and Randall Lutter 

##### [Explaining Delays in Regulatory Publication ](/regulation/winter-2014-2015/explaining-delays-regulatory-publication)

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

##### [Mandatory Food Labeling for GMOs ](/regulation/winter-2014-2015/mandatory-food-labeling-gmos)

By Thomas A. Hemphill and Syagnik Banerjee 

##### [Is The EPA’s Proposed Clean Power Plan Legal? ](/regulation/winter-2014-2015/epas-proposed-clean-power-plan-legal)

By Brian H. Potts and David R. Zoppo 

##### In Review 

##### [House of Flawed Analysis ](/regulation/winter-2014-2015/house-flawed-analysis)

By Vern McKinley 

##### [The Rise of Modern American Bureaucracy ](/regulation/winter-2014-2015/rise-modern-american-bureaucracy)

By [Trevor Burrus](https://www.cato.org/people/trevor-burrus) 

##### [Pork Palaces ](/regulation/winter-2014-2015/pork-palaces)

By George C. Leef 

##### [Economic Regulation Reform After the Great Recession ](/regulation/winter-2014-2015/economic-regulation-reform-after-great-recession)

By [Richard L. Gordon](https://www.cato.org/people/richard-gordon) 

##### [Building Better Infrastructure ](/regulation/winter-2014-2015/building-better-infrastructure)

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

##### [John Hicks and the Beauty of Logic ](/regulation/winter-2014-2015/john-hicks-beauty-logic)

By Pierre Lemieux 

##### [How We Got a ‘Living’ Constitution ](/regulation/winter-2014-2015/how-we-got-living-constitution)

##### [Working Papers ](/regulation/winter-2014-2015/working-papers)

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

##### Final Word 

##### [Attack of the Uber Terrorists ](/regulation/winter-2014-2015/attack-uber-terrorists)

By Marni Soupcoff 

##### Latest Issues 

[![Regulation - Fall 2026 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2026-09/regulation-fall-2026-cover.jpg?itok=4PdTh8RK)](https://www.cato.org/regulation/fall-2026) 

[Fall 2026](/regulation/fall-2026)

[![Regulation - Summer 2026 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2026-06/regulation-summer-2026-cover.jpg?itok=mgR9E73X)](https://www.cato.org/regulation/summer-2026) 

[Summer 2026](/regulation/summer-2026)

[![Regulation - Spring 2026 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2026-03/regulation-spring-2026-cover.png?itok=_E4_q18u)](https://www.cato.org/regulation/spring-2026) 

[Spring 2026](/regulation/spring-2026)

[![Regulation Winter 2025-2026 Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2025-12/regulation-v48n4-cover.jpg?itok=QSGuJRQT)](https://www.cato.org/regulation/winter-2025-2026) 

[Winter 2025–2026](/regulation/winter-2025-2026)