From the Cover
Regulation at 40
The last four decades have seen landmark liberalization of U.S. regulatory policy, yet many promising reform ideas now languish and policymakers have backslid in some cases.
A More Optimistic View
The interactions of exchange, ideas, and individuals can lead to further deregulation.
Restraining the Regulatory State
A Regulatory Review Office could help Congress determine if new rules are benefiting the public.
Features
The War on Consumer Surplus
To fight tobacco use, “prominent economists” have turned welfare economics on its head.
The “Troubles” with Pharmacy Benefit Managers
If markets are competitive, there is little need to regulate PBM practices.
Roam If You Want to?
Some argue that property rights should not include the right to exclude interlopers.
Label Nudges
A connection between nutritional labeling and improved health is more hope than well-examined theory.