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  • Jones Act

    Protectionist Jones Act Harms Puerto Ricans

    An obsolete U.S. law known as the Jones Act makes people in Puerto Rico poorer, according to a new report from the Federal Reserve Bank of New York. The Jones Act, also known as the Merchant Marine Act of 1920, requires people transporting goods by ship between two points in … More

    Room for Improvement When It Comes to Services Trade

    The Obama Administration recently announced its intention to begin negotiations on an agreement to expand international trade in the services industry, such as the telecommunications, banking, and insurance sectors. According to a letter from U.S. Trade Representative Ron Kirk to Speaker of the House John Boehner (R–OH), the White House … More

    Economic Development and Disaster Relief Inhibited by the Jones Act

    If the Jones Act was created to mitigate disasters at sea, why has it been waived during such disasters? Such a question was posed in a recent Bloomberg article. The answer is that, rather than supporting wartime goals or sustaining national security, the Jones Act now serves primarily as a … More

    Government Waives Destructive Jones Act for 12 Days—Why Not Longer?

    In the aftermath of Hurricane Sandy, the federal government recently waived the Jones Act for 12 days to allow oil tankers to deliver fuel to northeastern ports. The Jones Act, which has been on the books since 1920, mandates that any goods shipped between two points in the United States … More

    The Jones Act vs. Affordable Energy

    The Wall Street Journal recently highlighted another Washington regulation that is holding back the economy. But this one can’t be blamed on President Obama, because it was enacted over 90 years ago. The protectionist Jones Act requires shippers transporting goods between two points in the United States to use vessels … More

    Jones Act Oil Waiver Symptom of Regulatory Overload

    The Obama Administration’s decision to waive provisions of the Jones Act last month when releasing oil from the Strategic Petroleum Reserve is typical of this Administration’s disregard for the principle of equal protection under the law when it becomes too inconvenient. For example, we’ve seen well over 1,000 waivers of … More

    Jones Act Resurfaces at Oil Spill Hearing

    Nearly 10 months after the Gulf oil spill, the Obama administration’s refusal to waive the Jones Act was still on the minds of a few Republicans at a House hearing last week. Two freshman lawmakers, Reps. Jeff Landry (R-LA) and Blake Farenthold (R-TX), pressed retired Adm. Thad Allen, the national … More

    Gulf Oil Crisis is Getting Worse, Not Better

    It’s approaching 80 days and each day the oil cleanup falls farther behind. The math is simple:  More oil comes out of the Deepwater Horizon well each day than we collect.  So after 80 days things are worse rather than better.  It’s because those in charge have failed to re-assign … More

    Free Enterprise Crashes the Oil Cleanup Party

    Solving the problem of cleaning up the waters in the Gulf of Mexico may depend not on government, nor on the corporate giant BP, but on innovation and commitment to free enterprise. One promising and persistent example is Mr. Nobu Su of Taiwan, CEO of TMT Corporation. Thursday morning he … More

    Morning Bell: Obama’s Oil Spill To-Do List

    The oil spill crisis in the Gulf of Mexico gets worse by the day. Oil spews from the broken well, further polluting our water and shores. The clean-up efforts drag on with bureaucratic interference, making matters worse. And what is the Obama administration doing? It continues to push for unrelated … More