I want to create a plot with magnified axis labels using cex.lab=2 but the label exceeds the plot region. Any ideas on how can I solve this?
Here is an example of the issue:
plot(1:10,1:10,ylab=~gamma,cex.lab=2)
Which produces a graph with a beheaded $\gamma$

I have done some search before asking the question both in google and in this site but my google foo betrayed me this time.
You have to set larger margin of your plot window. That can be achieved with function
par()and argumentmar=. Numbers correspond to margin starting with bottom, then left margin, upper and right margin.