mercator.gif (40302 bytes) COLLATERAL DAMAGE:
THE ECONOMIC COST OF U.S. FOREIGN POLICY

This all-day conference explored the current and potential conflicts between U.S. foreign policy and the liberty and well-being of  American citizens. The conference focused on the ways that U.S. foreign policy infringes on the freedom of Americans to trade, invest and communicate with the rest of the world.
Click on a panel title below to view segments from this conference. Requires the RealPlayer 5.0.
WELCOMING REMARKS: Brink Lindsey, Center for Trade Policy Studies, Cato Institute
OVERVIEW: THE ECONOMIC COST OF U.S. FOREIGN POLICY (Click to view)
Ted Galen Carpenter, Cato Institute
Gary Hufbauer, Council on Foreign Relations and Institute for International Economics
William H. Lash III, George Mason University
EXPORT CONTROLS (Click to view)
Do the benefits of restricting the export of goods such as encryption and nuclear technology, which have both civilian and military uses, outweigh the costs? When do those export controls violate our constitutional rights?

William Reinsch, Department of Commerce
Kenneth C. Bass, Venable, Baetjer, Howard & Civiletti
James B. Burnham, Duquesne University
R. Ian Butterfield, Westinghouse
Carl Ellison, CyberCash

CONTROLLING THE FLOW OF CAPITAL (Click to view)
Restrictions on investment, money-laundering laws, proposed regulation of digital cash, and bank reporting requirements attempt to serve national security by controlling the flow of capital from one country to another. Can those measures be enforced? Do they violate constitutional rights?

Eric Hughes, Simple Access
Richard Rahn, Novecon
Stephen Kroll, Treasury Department

UNILATERAL ECONOMIC SANCTIONS (Click to view)
This panel will discuss U.S. attempts to impose unilateral sanctions, including extraterritorial sanctions against targeted countries.

Clayton Yeutter, Former Agriculture Secretary and U.S. Trade Representative
Richard N. Haas, Brookings Institution
William C. Lane, Caterpillar, Inc.

CLOSING REMARKS: Dan Griswold, Center for Trade Policy Studies, Cato Institute