Passed in 1920, the Jones Act was meant to ensure a strong U.S. merchant marine. But the law has failed to prevent the U.S. maritime industry’s steady downward spiral, all while imposing significant economic costs.
The Cato Institute is shining a spotlight on the Jones Act’s myriad negative impacts and exposing its alleged benefits as entirely hollow. By systematically laying bare the truth about this nearly 100-year-old failed law, the Cato Institute Project on Jones Act Reform is meant to raise public awareness and lay the groundwork for its repeal or reform.
