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
Trade Promotion Authority and the Trans-Pacific Partnership: What Lies Ahead?
- Published on Monday, June 08, 2015
On May 22, 2015, the U.S. Senate passed the Bipartisan Congressional Trade Priorities and Accountability Act, better known as Trade Promotion Authority (TPA), by a vote of 62–37. At the same time—and in the same vote—the Senate passed the Trade Adjustment Assistance Enhancement Act (TAA). The bills were passed, respectively, as Title 1 and Title 2 of H.R. 1314, or the “Trade Act of 2015.”(1)
Is Nationalism a Threat to Asia?
- Published on Monday, June 08, 2015
Given its diverse cultural, linguistic and religious mosaic, nationalism is always lurking beneath the surface in Asia. The competition for natural resources has only exacerbated the tendency for nationalist sentiment to emerge, threatening the concept of Pan Asianism. Natural resource nationalism is evident in a variety of countries and has manifest itself in a number of ways, ranging from more restrictive foreign investment and trade policies, to militarism.
How Simple Changes to Tariffs Could Help U.S. Manufacturers
- Published on Thursday, June 04, 2015
The myth of decline dominates the narrative about U.S. manufacturing. Yet, the preponderance of evidence indicates that U.S. manufacturing, relative to the past and relative to other countries’ manufacturing sectors, excels by the metrics that speak to its current and future prospects. But it could be doing even better if Congress made some simple changes to the outdated U.S. tariff system.
Stop Passing the Buck on U.S. Dollar Invoicing
- Published on Monday, June 01, 2015
For most U.S. business owners, it makes sense to put foreign invoicing and receivables in U.S. dollars. It’s simple and manageable. However, in today’s volatile foreign exchange market, this strategy may not be the ideal option for a number of reasons. As a result, the decision to invoice foreign customers in U.S. dollars should be reconsidered in light of recent trends.
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