From the Cover
The Coming Privatization of Corporate Law
Delaware’s recent stumbles may (serendipitously) pave the way for a future of private ordering in corporate governance.
Behind the Issue
Unintended Consequences
The Podcast of Regulation
There are structures and institutions that shape our lives in significant ways and yet are almost entirely hidden from our attention. Delaware’s overwhelming dominance in corporate law is one of them, so powerful that, thus far at least, even the wealthiest man in the world, Elon Musk, has found his Tesla compensation contract stymied. In this episode, Paul and Peter discuss the Regulation Magazine cover article “The Coming Privatization of Corporate Law” by Dorothy Lund and Eric Talley, and their surprising prediction about the future of corporate law.
Features
Something Worse than the Administrative State
Bureaucrats can be a check on strongmen—for a while, anyway.
Rent Control and the Constitution
Will this Supreme Court revive the takings clause?
Reforming the PCAOB
A former member describes the structural defects of this largely unaccountable board.
Right Diagnosis, Wrong Cure
Trump’s MFN price controls aren’t the answer to America’s high patented drug pricing, but trade deals may be.
Rescinding the Endangerment Finding
The EPA Betrays Its Own Mission
The decision rests on five arguments that collapse under scrutiny.
Can the EPA Withdraw the Endangerment Finding?
The agency’s legal case is unconvincing on its own terms.
Health & Medicine: Antidepressants and Youth Suicide
In Defense of the Boxed Warning
The FDA’s antidepressant warning did not kill American children.
Barriers to Care Remain
The authors maintain that the boxed warning has deterred care.
Briefly Noted
Defanging the FCC
The public interest standard is an invitation to executive abuse, petty corruption, and partisan weaponization.
Did Trump’s Blockade Make Iran Great?
If foreign trade is bad, why open the Stait of Hormuz?
In Review
Final Word
I, Chicken Sandwich
It’s crazy to realize that we depend on trade for something as basic as salt.
