Economist Tom Grennes Comments on the Jones Act

Tom Grennes, economics professor emeritus, is cited in this story in EnvironmentGuru.com, about the Jones Act, passed nearly a century ago as a form of protectionism for the United States shipping industry and seafaring unions. The Jones Act requires that vessels carrying goods shipped in U.S. waters between U.S. ports must be built, registered, owned, and crewed by U.S. citizens and fly the U.S. flag.