In this episode, we discuss the requirements and implications of the Jones Act, and how it affects the cost and efficiency of shipping within the United States. Colin provides an in-depth analysis of the Act's effects on economic development, with a particular focus on its impacts on the coastal regions of Texas. We also explore potential paths forward and solutions to mitigate the negative effects of the Act on the domestic economy.

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Special Guest: Colin Grabow.

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Links:

• Colin Grabow | Cato Institute
• Colin Grabow (@cpgrabow) / Twitter
• Colin Grabow | LinkedIn
• Fed up with High Gas Prices and Slow Amazon Deliveries? Blame These 2 Century-Old Laws That Need to Be Repealed. | Cato Institute — To avoid higher costs, many companies are forced to turn to imports.
• Against the Jones Act - Truth on the Market Truth on the Market
• Protectionism and the Development of the U.S. Maritime Industry | The Regulatory Review — U.S. maritime protectionism fails policy and economic goals.
• Adam Smith Would Oppose the Jones Act | Cato Institute — U.S maritime policy, both for the country’s economic prosperity and national security, is crying out for a dramatic overhaul.
• The Jones Act: A Burden America Can No Longer Bear | Cato Institute — How an archaic, burdensome law has been able to withstand scrutiny and persist for almost a century.
• Rust Buckets: How the Jones Act Undermines U.S. Shipbuilding and National Security | Cato Institute — Policymakers must consider either major reform of the law or outright repeal.
• Amazon.com: The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability by William W. Lewis