The Jones Act Doesn't Work Like You Think

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Maxwell Tabarrok
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The Jones Act is a common enemy among anyone who is interested in low-hanging-fruit policy changes, but it isn’t universal. Some of the policy wonks at the Niskanen center favor more conservative reforms to the act, and some usually libertarian-leaning economists like Brian Albrecht and Josh Hendrick...

The Jones Act is a common enemy among anyone who is interested in low-hanging-fruit policy changes, but it isn’t universal. Some of the policy wonks at the Niskanen center favor more conservative reforms to the act, and some usually libertarian-leaning economists like Brian Albrecht and Josh Hendrickson express some doubts over criticisms or even explicitly defend the Jones Act. These aren’t shallow or self-interested endorsements, they are cases made by careful thinkers. Are there actually good reasons to support the Jones Act?

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Alex Tabarrok 1mos

Very nice post arguing against the (sophisticated) defenders of the Jones Act. Jones Act doesn't subsidize a defense externality but instead cements in place monopoly. Partially self-recommending.

Eli Dourado 1mos

Excellent piece by @MTabarrok on the economics of the Jones Act.