The reason for the Jones Act’s longevity, says Colin Grabow, a research fellow at the Cato Institute, a libertarian think tank, is that while it tends to benefit only a few people and businesses, the act goes unnoticed because there are many payers sharing the increased costs.
The Jones Act is one in a string of protectionist laws—dating back to the Tariff Act of 1789—designed to bolster US marine industries. The Jones Act’s existence was meant to ensure a ready supply of ships and mariners in case of war. Its authors reasoned that protection from foreign competition would foster that.
“Your average American has no idea that the Jones Act even exists,” Grabow says. “It’s not life-changing for very many people,” he adds. But “all Americans are hurt by the Jones Act.” In this case, that’s by slowing down the United States’ ability to hit its own wind power targets.
Grabow says those most vocal about the…
