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Podcast: Cato Event Podcast
Episode: Keeping Up with the Jones Act
Description: The Jones Act is back in the news, with legislation introduced this year to repeal the law and the White House said to be considering a limited waiver of the law for the transport of liquefied natural gas. It’s about time. For nearly 100 years, the Jones Act has served as a burden on the U.S. economy and has raised transportation costs, damaged the environment, and even harmed U.S. exports. In the course of doing so, it has also manifestly failed to achieve its stated policy goals, with U.S. shipbuilding and the Jones Act fleet itself in a...