![Regulation - Winter 2023/24 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2024-01/regulation-v46n4-cover.jpg?itok=knyw2YQB) # Winter 2023–2024 Vol. 46 No. 4 [Subscribe](https://store.cato.org/collections/all-products/products/regulation-magazine) ##### From the Cover ### [Dodd–Frank’s Unintended Consequences for Housing ](/regulation/winter-2023-2024/dodd-franks-unintended-consequences-housing) By Craig J. Richardson The 2010 legislation has hurt “small-dollar” housing and low-income neighborhoods. ##### Behind the Issue ### *Unintended Consequences* ##### The Podcast of *Regulation* In This Episode Incentives matter, but they don’t care about your intentions. In this episode Paul and Peter start by talking with special guest and Truist Distinguished Professor of Economics at Winston-Salem State University Craig Richardson. He discusses how the federal government tried to prevent greedy banks from taking advantage of homebuyers but just ended up making it harder for first-time homebuyers, especially those from minority communities, to afford a house. They also discuss a review of Matthew Desmond’s book *Poverty, by America*, as well as efforts by the Biden administration to boost the transition to electric vehicles. Featuring Peter Van Doren, Paul Matzko, and Craig Richardson [ Download Episode ](https://feeds.acast.com/public/streams/643947a1309d10001195d3e7/episodes/65ccf291835a82001659d538.mp3)Subscribe: [ Apple Podcasts ](https://podcasts.apple.com/us/podcast/unintended-consequences/id1684573879) [ Spotify ](https://open.spotify.com/show/693Xy6u85pJX42IPsUK7cE) ##### Features #### [Revisiting Bowles’s Aphorism ](/regulation/winter-2023-2024/revisiting-bowless-aphorism) By Cary Coglianese Improving regulatory compliance requires more than just going after “bad apples.” #### [Will Actuaries Come Clean on Public Pensions? ](/regulation/winter-2023-2024/will-actuaries-come-clean-public-pensions) By Larry Pollack Model disclosures would obscure trillions of dollars of public pension debt. #### [More Volume than Value in Health Quality Measures? ](/regulation/winter-2023-2024/more-volume-value-health-quality-measures) By [Tom Miller](https://www.cato.org/people/tom-miller) Efforts to measure treatment quality need to be more transparent, not more complex. #### [Analyzing the EV Rule ](/regulation/winter-2023-2024/analyzing-ev-rule) By Paul Bonifas and Tim Considine Will the proposed rule save Americans $1.6 trillion as the EPA claims? #### [Neo-Brandeisianism’s Democracy Paradox ](/regulation/winter-2023-2024/neo-brandeisianisms-democracy-paradox) By Thomas A. Lambert and Tate Cooper Though concerned with “democratic values, ” the new antitrust impairs actual democratic functioning. ##### Briefly Noted ##### [Synthetic Insulin and the Bureaucratic Mindset ](/regulation/winter-2023-2024/synthetic-insulin-bureaucratic-mindset) By Henry I. Miller ##### [Was Trump a Deregulator? ](/regulation/winter-2023-2024/was-trump-deregulator) By Pierre Lemieux ##### [Examining the SEC’s Proposed Order Competition Rule ](/regulation/winter-2023-2024/examining-secs-proposed-order-competition-rule) By Robert Battalio and Robert Jennings ##### [Is It Pro-Competition to Make Amazon and Google Less Consumer-Friendly? ](/regulation/winter-2023-2024/it-pro-competition-make-amazon-google-less-consumer-friendly) By Thomas M. Lenard ##### In Review ##### [Book Review: *Poverty, by America*](/regulation/winter-2023-2024/book-review-poverty-america) By [John F. Early](https://www.cato.org/people/john-f-early) ##### [Book Review: *Investment Crowdfunding*](/regulation/winter-2023-2024/book-review-investment-crowdfunding) By James A. Deeken ##### [Book Review: *Power and Progress*](/regulation/winter-2023-2024/book-review-power-progress) By Pierre Lemieux ##### [Book Review: *Social Justice Fallacies*](/regulation/winter-2023-2024/book-review-social-justice-fallacies) By Art Carden ##### [Book Review: *The Road to Socialism and Back: An Economic History of Poland, 1939–2019*](/regulation/winter-2023-2024/book-review-road-socialism-back-economic-history-poland-1939-2019) By Thomas Grennes ##### [Book Review: *Capitalism Alone* and *The Myth of American Inequality*](/regulation/winter-2023-2024/book-review-myth-american-inequality) By Pierre Lemieux ##### [Book Review: *New Deal Rebels*](/regulation/winter-2023-2024/book-review-new-deal-rebels) By George C. Leef ##### [Book Review: *SVB and Beyond: The Banking Stress of 2023*](/regulation/winter-2023-2024/book-review-svb-beyond-banking-stress-2023) By Vern McKinley ##### [Book Review: *We’ve Got You Covered: Rebooting American Health Care*](/regulation/winter-2023-2024/book-review-weve-got-you-covered-rebooting-american-health-care) By Phil R. Murray ##### Final Word ##### [The Crown Must Regylate This Infernal Machine! ](/regulation/winter-2023-2024/crown-must-regylate-infernal-machine) By A. 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