The Jones Act: Charting a New Course after a Century of Failure

Conference
December 6, 2018
9:00AM to 5:00PM EST
2018-12-06 09:00:00 2018-12-06 17:00:00 America/New_York The Jones Act: Charting a New Course after a Century of Failure For nearly 100 years the Jones Act has restricted the transportation of cargo between two points in the United States to ships that are U.S.-built, crewed, owned, and flagged. Meant to bolster the U.S. maritime industry and provide a ready supply of ships and mariners in times of conflict, the act has instead presided over a steady deterioration in the number of ships, sailors to crew them, and shipyards to build them. While failing to provide its promised benefits, the law has imposed a huge economic burden that manifests itself in various ways, ranging from higher transportation costs to increased traffic and pollution. This full-day conference examines these costs in greater detail, discusses the validity of the Jones Act’s national security argument, and evaluates options for reform. Schedule 8:30–9:00AM Registration 9:00–9:15AM Opening Remarks Peter Goettler, President & CEO, Cato Institute 9:15–10:30AM Session I: The Jones Act: A Burden America Can No Longer Bear Daniel Griswold, Senior Research Fellow & Co-Director of Trade and Immigration, Mercatus Center Manuel Reyes, Executive Vice-President/CEO, Puerto Rico Food Marketing, Industry and Distribution Chamber (MIDA) Bryan Riley, Director, Free Trade Initiative, National Taxpayers Union Moderator: Colin Grabow, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute 10:30–10:45AM Break 10:45AM–Noon Session II: The Economic Costs of the Jones Act James W. Coleman, Professor, Dedman School of Law, Southern Methodist University Jennifer Danner Riccardi, Senior Trade Advisor, Delegation of the European Union to the United States Ted Loch-Temzelides, Professor of Economics, Rice University Rockford Weitz, Professor of Practice, Entrepreneur Coach & Director, Maritime Studies Program, The Fletcher School of Law and Diplomacy, Tufts University Moderator: Daniel J. Ikenson, Director, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute Noon–1:15PM Keynote Luncheon 1:15–2:30PM Session III: National Security and the Maritime Industry Steve Ellis, Vice President, Taxpayers for Common Sense Nick Loris, Herbert and Joyce Morgan Fellow in Energy and Environmental Policy, Center for Free Markets and Regulatory Reform, Heritage Foundation Robert Quartel, CEO & Chairman, NTELX Moderator: Christopher A. Preble, Vice President, Defense and Foreign Policy Studies, Cato Institute 2:30–2:45PM Break 2:45–4:00PM Session IV: Charting a New Course: Options for Jones Act Reform Keliʻi Akina, President & CEO, Grassroot Institute of Hawaii Thomas Grennes, Professor of Economics Emeritus, North Carolina State University Howard Gutman, Former U.S. Ambassador to Belgium and Managing Director, the Gutman Group Michael Hansen, President, Hawaii Shippers Council Moderator: Inu Manak, Visiting Scholar, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute 4:00–5:00PM Session V: Debate 5:00–6:00PM Reception Schedule is subject to change. .live-online-now-video {max-width: 640px;} .live-online-now-text {margin-top: 16px;} .streaming-event .live-online-now-video, .streaming-event .live-online-now-text {display: none;} If you can't make it to the event, you can watch it live online and join the conversation on Twitter using #EndTheJonesAct. Follow @CatoEvents on Twitter to get future event updates, live streams, and videos from the Cato Institute. - https://www.cato.org/events/jones-act-charting-new-course-after-century-failure Hayek Auditorium, Cato Institute
Hayek Auditorium, Cato Institute

For nearly 100 years the Jones Act has restricted the transportation of cargo between two points in the United States to ships that are U.S.-built, crewed, owned, and flagged. Meant to bolster the U.S. maritime industry and provide a ready supply of ships and mariners in times of conflict, the act has instead presided over a steady deterioration in the number of ships, sailors to crew them, and shipyards to build them. While failing to provide its promised benefits, the law has imposed a huge economic burden that manifests itself in various ways, ranging from higher transportation costs to increased traffic and pollution. This full-day conference examines these costs in greater detail, discusses the validity of the Jones Act’s national security argument, and evaluates options for reform.

Schedule

8:30–9:00AM Registration

9:00–9:15AM Opening Remarks

Peter Goettler, President & CEO, Cato Institute

9:15–10:30AM Session I: The Jones Act: A Burden America Can No Longer Bear

Daniel Griswold, Senior Research Fellow & Co-Director of Trade and Immigration, Mercatus Center
Manuel Reyes, Executive Vice-President/CEO, Puerto Rico Food Marketing, Industry and Distribution Chamber (MIDA)
Bryan Riley, Director, Free Trade Initiative, National Taxpayers Union
Moderator: Colin Grabow, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute

10:30–10:45AM Break

10:45AM–Noon Session II: The Economic Costs of the Jones Act

James W. Coleman, Professor, Dedman School of Law, Southern Methodist University
Jennifer Danner Riccardi, Senior Trade Advisor, Delegation of the European Union to the United States
Ted Loch-Temzelides, Professor of Economics, Rice University
Rockford Weitz, Professor of Practice, Entrepreneur Coach & Director, Maritime Studies Program, The Fletcher School of Law and Diplomacy, Tufts University
Moderator: Daniel J. Ikenson, Director, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute

Noon–1:15PM Keynote Luncheon

1:15–2:30PM Session III: National Security and the Maritime Industry

Steve Ellis, Vice President, Taxpayers for Common Sense
Nick Loris, Herbert and Joyce Morgan Fellow in Energy and Environmental Policy, Center for Free Markets and Regulatory Reform, Heritage Foundation
Robert Quartel, CEO & Chairman, NTELX
Moderator: Christopher A. Preble, Vice President, Defense and Foreign Policy Studies, Cato Institute

2:30–2:45PM Break

2:45–4:00PM Session IV: Charting a New Course: Options for Jones Act Reform

Keliʻi Akina, President & CEO, Grassroot Institute of Hawaii
Thomas Grennes, Professor of Economics Emeritus, North Carolina State University
Howard Gutman, Former U.S. Ambassador to Belgium and Managing Director, the Gutman Group
Michael Hansen, President, Hawaii Shippers Council
Moderator: Inu Manak, Visiting Scholar, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute

4:00–5:00PM Session V: Debate

5:00–6:00PM Reception

Schedule is subject to change.

If you can’t make it to the event, you can watch it live online and join the conversation on Twitter using #EndTheJonesAct. Follow @CatoEvents on Twitter to get future event updates, live streams, and videos from the Cato Institute.

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