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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



The Hidden Costs of Monetary Mischief

Federal Reserve, the world’s most powerful central bank, has used unconventional monetary policy since 2008 to suppress interest rates, encourage risk taking, support asset prices, fund government debt, and allocate credit. In doing so, the Fed has created one asset bubble after another, harmed savers, incentivized big government, and misallocated credit.

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The Smart Way To Stop Illegal Immigration

The new Congress has come ready with some fresh ideas for immigration reform. Freshman Republican Sen. Cory Gardner, R-Colo., said in a recent interview, “We have to start with a secure border, we have to start with a guest worker program.” Gardner is right to link border security with a guest worker visa program. The former cannot be achieved without the latter.

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Currency Manipulation and the Trans-Pacific Partnership

U.S. Trade Representative Michael Froman is bullish on the trade agenda. But his estimate of completing the Trans-Pacific Partnership (TPP) negotiations in March discounts the possibility that Congress will issue tough demands in its Trade Promotion Authority (TPA) legislation. A congressional mandate to include enforceable “currency manipulation” provisions in trade agreements, for example, would push completion of the TPP into the next administration or kill it altogether.

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Greeks Vote Against Euro and for Democracy

Greece’s parliamentary elections could reshape Europe. In voting for the radical left the Greek people have reinvigorated home rule and democracy across the continent. Greece has been in economic crisis seemingly for eternity. Even in the Euro the system could not generate the growth necessary to repay the debt: the economy was hamstrung by enervating work rules, corrupting political influences, profiteering economic cartels, and debilitating cultural norms.

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