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    Protectionist Jones Act Harms Puerto Ricans

    February 20, 2013 at 4:30 pm

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    Photo credit: Chad Ehlers Stock Connection Worldwide/Newscom

    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

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

    November 2, 2012 at 5:00 pm

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    oil tanker

    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

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    The Morning Bell
    Congress Is Trying to Fool You on Immigration

    Congress is trying to fool you. Here’s how they do business. A piece of legislation is going to cost trillions of dollars, but Members of Congress don’t want the public to see that. Instead, they have the Congressional Budget Office (CBO) look at the bill for just the first 10 … More

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