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James A. Dorn




James A. Dorn is Vice President for Monetary Studies and Senior Fellow at the Cato Institute. His articles have appeared in The Wall Street Journal, Financial Times and South China Morning Post. He has testified before the U.S.-China Security Review Commission and the Congressional-Executive Commission on China.

James is the Vice President for CATO academic affairs, editor of the Cato Journal, and director of Cato's annual monetary conference. His research interests include trade and human rights, economic reform in China, and the future of money.

www.cato.org

Author Article List



Are America’s Competitive Advantages Being Decimated?

The United States is an unrivaled economic powerhouse. It accounts for 4% of the world’s population yet captures a whopping 24% of the world’s gross domestic product—the total value of goods and services produced by a country in one year.

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Why Trade Is Critical and Tariffs Fail

International trade has lifted millions of people out of poverty, boosted standards of living, and benefitted the United States more than most other countries. Why? The American economic engine thrives on economies of scale, which is designed to produce solutions for the world’s 8 billion consumers, not just America’s 340 million customers. And the benefits are tremendous. But the United States is moving down a protectionist path that will weaken our economic growth and competitiveness while hurting consumers and businesses.

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How Crumbling Faith in Institutions Threatens Our Prosperity

When I crossed through Checkpoint Charlie from West Berlin to East Berlin in March 1990, I witnessed two worlds colliding. On one side stood a beautiful, economically flourishing metropolitan city; on the other, a gray landscape of economic failure. While witnessing the dismantling of the Berlin Wall was exhilarating, the stark contrast in living conditions between West and East Germany was sobering.

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Capitalism Depends on the Survival of Democracy

It’s no coincidence that democratic countries with capitalist systems typically have the highest quality of life, standard of living, economic productivity per capita, life expectancy and educational standards. Democratic systems also tend to have the lowest levels of corruption. In many countries, however, democracy is currently being challenged, which may have the potential to bring about harsh consequences. Democratic backsliding could, in turn, cripple our capitalist systems and reduce our standards of living.

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