Regulation

Goverment regulation.

Articles from Vol. 30, No. 3, Fall

Antecedents to Net Neutrality: After the Long Fight to End the "Common Carrier," Why Are We Trying to Resurrect It?
Apparent ignorance of more than a century of economic and regulatory history now threatens the competitive constitution of the Internet under the guise of "net neutrality." Net neutrality is a slogan that stands for the proposition that the Internet...
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Combating Global Warming: Is Taxation or Cap-and-Trade the Better Strategy for Reducing Greenhouse Emissions?
[ILLUSTRATION OMITTED] Recent events suggest that it may only be a matter of time before the federal government enacts a nationwide program to reduce emissions of carbon dioxide (C[O.sub.2]) and other greenhouse gases. First, several bills to control...
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Considering Net Neutrality
Should economic regulation be adopted only after proponents have empirically demonstrated that a market failure exists? Or is some prophylactic regulation justified to prevent market failures that have not yet occurred but may happen in the future?...
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Executive Order 13422
STATUS: In effect, but may be challenged by Congress Concepts like "market failure" and "good guidance practices" might seem uninteresting compared to other Washington political discussions. But changes, involving these concepts, to the executive...
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Facing Mother Nature: New Laws and Policies in the Wake of Hurricane Katrina Seem Intended to Scapegoat Insurance Companies Rather Than Protect the Public
Changes in insurance markets that followed the flurry of hurricanes in 2004-2005, capped by Hurricane Katrina, have been met by a storm of criticism in Congress and state capitals. Rather than addressing the economic realities of increasing catastrophe...
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Intellectual Property and the Property Rights Movement: Should Intellectual Property Be Accorded the Same Protections as Tangible Forms of Property?
The property rights movement (PRM) has taken active interest in several Supreme Court cases over the past few years. It was hardly surprising to see PRM activists mobilize in support of Susette Kelo, whose home was condemned by the city of New London....
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'Left Behind' after Sarbanes-Oxley: Could Sarbanes-Oxley Discourage Honest Corporate Officers and Entice Dishonest Ones?
Soon after the enactment of the Sarbanes-Oxley Act of 2002, William Donaldson, then the chairman of the Securities and Exchange Commission, worried that the new law would drain away some of the "risk-taking zeal" of American entrepreneurs. He observed...
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Neither Renewable nor Reliable: Increased Dependence on Ethanol Would Place the United States at the Mercy of a Highly Volatile Energy Source
Until recently, the process of producing ethanol was widely believed to use more energy than it created. But farming and ethanol conversion practices have improved, and ethanol proponents now argue that it is a sustainable and more secure alternative...
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Regulators' Budget
STATUS: 2007 report now available Regulations impose social costs on individuals and businesses beyond the direct tax dollars expended to write and enforce them. Not only are there costs associated with compliance, but regulations can restrict opportunities...
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Shareholders vs. Managers
Professor Rubin believes that the political motivation For regulation of corporate management's compensation is due to envy ("Evolution and Envy," Summer 2007). To the contrary, I rather conclude that the issue is due to greed. Greed, that is, on the...
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Should We Bring Back the Draft? Is the All-Volunteer Force a "Mercenary Army"?
For a quarter of a century, 1948-1973, young American men faced a military service obligation. They could be drafted to serve in the enlisted ranks for 24 months if the obligation was not discharged by deferment, exemption, or serving in the Reserves...
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The Divergence of U.S. and UK Takeover Regulation: Who Writes the Rules for Hostile Takeovers, and Why?
Hostile takeovers are commonly thought to play a key role in rendering managers accountable to dispersed shareholders in the "Anglo-American" system of corporate governance. Yet, surprisingly little attention has been paid to the very significant differences...
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The Drug Quagmire
LIES, DAMNED LIES, AND DRUG WAR STATISTICS: A Critical Analysis of Claims Made by the Office of National Drug Control Policy By Matthew Robinson and Renee Scherlen 268 pages; Albany, N.Y.: State University of New York Press, 2007 It's official:...
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Web-Surfing the Candidates
On the "Presidential Field" section of its website, the Washington Post points out that "the 2008 presidential race is expected to be the first in decades that won't include a sitting president or vice president in the field of candidates wing for...
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