Conference 

# Collateral Damage: The Economic Cost of U.S. Foreign Policy 

Date and Time 

June 23, 1998 9 AM - 5 PM EDT 

Location 

1st floor/Wintergarden 

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##### Featuring 

Featuring **Richard Cheney**, CEO, Halliburton NUS Corp., and former Secretary of Defense. 

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.

| **Welcoming Remarks** *Brink Lindsey* Center for Trade Policy Studies Cato Institute |
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| **Overview: The Economic Cost of U.S. Foreign Policy** *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** 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** 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** 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 |

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