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Goverment regulation.
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Green sturgeon.(mercatus reports)
June 22, 2005... STATUS: Comments are due July 5
The National Marine Fisheries Service (NMFS) and National Oceanic and Atmospheric Administration have proposed a new rule under the Endangered Species Act (ESA) in an effort to list and protect a particular...
Intercarrier compensation.(mercatus reports)
June 22, 2005... STATUS: Reply comments are due June 22
For much of U.S. telecommunications history, regulation required consumers and businesses to overpay for long-distance telephone service to subsidize local monthly rates. Such cross-subsidies are just...
Canadian "Smart Regulation".(mercatus reports)
June 22, 2005... STATUS: Report released March 2005
A new report from the Canadian government, entitled Smart Regulation: Report on Actions and Plans, signals a renewed focus by our northern neighbors on the effect of regulation on competitiveness. The...
Is there a steroids problem?(usage of steroids by atheletes)
June 22, 2005... WITH ALL THE HULLABALOO about Barry Bonds and Jason Giambi and the recent drug testing agreement in Major League Baseball, it may be time to really look at the issues involved in steroid use by athletes. The seemingly simple question of what is...
Methylmercury madness.
June 22, 2005... ENVIRONMENTAL ACTIVISTS CLAIM that some fish contain high levels of methylmercury that threaten human health. Unless human consumption offish is limited, say the activists, pregnant women could be endangering their unborn babies and mothers...
The myth of Owens Valley: Los Angeles's "theft" offers positive lessons for water markets.
June 22, 2005... THERE IS AN EMERGING WATER CRISIS IN the American West that has only been delayed by this winter's unusually high levels of precipitation. Persistent drought and rapid urban population growth in the region have led cities such as Los Angeles,...
A superfluous petroleum reserve? How should the SPR be used, and what benefits does it provide?(Strategic Petroleum Reserve )
June 22, 2005... CONTROVERSY SURROUNDING THE EXISTENCE and management of the United States Strategic Petroleum Reserve (SPR) is not new. Since its creation, there have been legitimate concerns about whether the costs of J acquisition and management are...
The political economy of mercury regulation: the history of the new mercury rule offers important insights into improving environmental policymaking.(environmental policy making)
June 22, 2005... IN ITS WANING DAYS AFTER THE 2000 ELECTION, the Clinton administration decided to initiate an expensive plan to regulate mercury emissions from power plants. The decision culminated a lengthy process that began with the 1990 Clean Air Act...
An uncertain diagnosis: research used to criticize drug marketing also supports the claim that marketing benefits patients.
June 22, 2005... PHARMACEUTICAL SALES REPRESENTATIVES have incentives to "oversell" their products. But they also benefit by providing truthful information about their drugs' benefits. In analyzing the effects of sales and promotion efforts, it is important to...
Advertising, alcohol, and youth: is the alcoholic beverage industry targeting minors with magazine ads?
June 22, 2005... IN 2001, THE U.S. ALCOHOLIC BEVERAGE INDUSTRY spent more than $1.5 billion on advertising using conventional broadcast and print media. That total includes expenditures of $397 million on magazine advertisements. The magnitude of expenditures...
Communication by other means: can stock analysts' conflicts of interest benefit investors?
June 22, 2005... THE SECURITIES INDUSTRY HAS COME under considerable fire in recent years. Industry practices, particularly, in initial public offerings (IPOs), appear to rig the game in favor of insiders and the investment banks that underwrite the securities....
The Thirty Years War: RegNMS is only the latest development in the ongoing battle over securities market structure.(Securities and Exchange Commission)
June 22, 2005... THE SECURITIES AND EXCHANGE COMmission recently fought the latest battle in the Thirty Years War over the structure of American securities markets. In December 2004, amidst much fanfare and controversy, and after much anticipation, the agency...
From orders to markets: who should decide what is "best execution"?(securities & investment)
June 22, 2005... AMONG THE CLEAREST RULES IN U.S. securities law is the duty that brokers have to "seek the best execution that is reasonably available for its customers' orders." This legal duty of best execution is derived from the common law fiduciary duty...
Two very different efforts.(Choosing Environmental Policy : Comparing Instruments and Outcomes in the United States and Europe)(New Approaches on Energy and the Environment : Policy Advice for the President )(Book Review)
June 22, 2005... CHOOSING ENVIRONMENTAL POLICY: Comparing Instruments and Outcomes in the United States and Europe edited by Winston Harrington, Richard D. Morgenstern, and Thomas Sterner 284 pages; Washington, D.C.: Resources for the Future, 2004
NEW...
Cowboys, Indians, and spontaneous order.
June 22, 2005... THE NOT SO WILD, WILD WEST By Terry L. Anderson and Peter J. Hill 250 pages; Stanford, Calif., Stanford University Press, 2004
I REMEMBER VERY well the images of the American West that I received as a child. Movies, TV shows, and books...
Brother, can you spare a license.(licensing)
June 22, 2005... THERE ARE MANY WAYS TO GET PEOPLE TO STOP doing things you don't want them to do. You can ask them politely to desist. You can threaten them with a lawsuit or a black eye. Or, if you're the government, you can demand that they go get a license....