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The Case against the Jones Act

The Case against the Jones Act

Paperback

Business GeneralBoatingGeneral Political Science

ISBN10: 1948647982
ISBN13: 9781948647984
Publisher: Cato Inst
Published: Jun 11 2020
Pages: 250
Weight: 0.75
Height: 0.53 Width: 6.00 Depth: 9.00
Language: English

How has an archaic, burdensome law been able to persist for a century?

Passed in 1920, the Jones Act restricts the waterborne transport of cargo within the United States to vessels that are U.S.-flagged, U.S.-crewed, U.S.-owned, and U.S.-built. Meant to bolster the U.S. maritime sector, this protectionist law has instead contributed to its decline. As a result, today's U.S. oceangoing domestic fleet numbers fewer than 100 ships. Beyond leaving a shrunken and uncompetitive maritime sector in its wake, the law has also inflicted considerable damage on the broader U.S. public that range from higher transportation costs to increased pollution.

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General Political Science