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# Winter 2017/2018 

Vol. 40 No. 4 

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##### From the Cover 

### [Debunking the ‘Network Effects’ Bogeyman ](/regulation/winter-2017-2018/debunking-network-effects-bogeyman)

By David S. Evans and Richard Schmalensee 

Policymakers need to march to the evidence, not to slogans.

### [Suffer the Little Children ](/regulation/winter-2017-2018/suffer-little-children)

By [Timothy Sandefur](https://www.cato.org/people/timothy-sandefur) 

U.S. law treats Native American children very differently than other children.

### [Risky Business: Should the FDA Pay Attention to Drug Prices? ](/regulation/winter-2017-2018/risky-business-should-fda-pay-attention-drug-prices)

By [David A. Hyman](https://www.cato.org/people/david-hyman) and William E. Kovacic 

Prices provide information that the agency needs to consider.

### [The Concentration and Persistence of Health Care Spending ](/regulation/winter-2017-2018/concentration-persistence-health-care-spending)

By [Tom Miller](https://www.cato.org/people/tom-miller) 

Much of the conventional wisdom behind current policy has ambiguous empirical support.

##### Features 

#### [Harry Grubert, 1937–2017 ](/regulation/winter-2017-2018/harry-grubert-1937-2017)

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

How to win friends and influence people while working in government.

#### [A Seattle Game-Changer? ](/regulation/winter-2017-2018/seattle-game-changer)

By [Ryan Bourne](https://www.cato.org/people/ryan-bourne) 

The latest empirical research further underscores the harm of minimum wage laws.

#### [The Latest on Occupational Licensing Reform ](/regulation/winter-2017-2018/latest-occupational-licensing-reform)

By Thomas A. Hemphill and Jarrett Skorup 

At the federal level and in the state of Michigan, there have been encouraging moves toward market liberalization.

##### Briefly Noted 

##### [How the FDA Virtually Destroyed an Entire Sector of Biotechnology ](/regulation/winter-2017-2018/how-fda-virtually-destroyed-entire-sector-biotechnology)

By John J. Cohrssen and Henry I. Miller 

##### [Rise of the Machines? ](/regulation/winter-2017-2018/rise-machines)

By Pierre Lemieux 

##### In Review 

##### [Always with Us ](/regulation/winter-2017-2018/fraud)

By Richard A. Booth 

##### [Origins of the Entitlement Nightmare ](/regulation/winter-2017-2018/high-cost-good-intentions)

By David R. Henderson 

##### [Loving the Poor, but Loving Political Privileges More ](/regulation/winter-2017-2018/dream-hoarders)

By Dwight R. Lee 

##### [A Milestone on a Long, Bumpy Road ](/regulation/winter-2017-2018/freedom-reform)

By Pierre Lemieux 

##### [Forecasting Regulatory Failure ](/regulation/winter-2017-2018/structured-fail)

By Sam Batkins 

##### [Calabresi’s Law and Economics ](/regulation/winter-2017-2018/future-law-economics)

By Phil R. Murray 

##### [Confucius, Autonomy, and Capitalism ](/regulation/winter-2017-2018/against-individualism)

By [Thomas A. Firey](https://www.cato.org/people/thomas-firey) 

##### [Buchanan’s Big Idea ](/regulation/winter-2017-2018/james-m-buchanan-liberal-political-economy)

By Art Carden 

##### [Occupational Licensing Reform ](/regulation/winter-2017-2018/bottleneckers)

By George C. Leef 

##### [Patriotism as Stealing from Each Other ](/regulation/winter-2017-2018/clashing-over-commerce)

By Pierre Lemieux 

##### [A Mixed Bag ](/regulation/winter-2017-2018/economics-common-good)

By David R. Henderson 

##### [Working Papers ](/regulation/winter-2017-2018/working-papers)

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

##### Final Word 

##### [“Honest Ads” in the Agora ](/regulation/winter-2017-2018/honest-ads-agora)

By Marni Soupcoff 

##### Latest Issues 

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