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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 Products Like the iPhone Really Bad for the Economy?

It is generally understood by Members of Congress, journalists and the public that exports are good for the American economy. They generate revenue, are responsible for a significant portion of U.S. economic growth, and contribute to employment. But what about imports?

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The Real Cause and Impact of China’s Labor Shortage

China continues to suffer a labor shortage in its key coastal manufacturing regions. This, no doubt, is impacting U.S. and other foreign companies operating in China. But the labor shortage is not due to a lack of available workers. Instead, it is prompted by Chinese government policies, as well as prevailing work and living conditions in affected regions.

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The Real Cause and Impact of China’s Labor Shortage

China continues to suffer a labor shortage in its key coastal manufacturing regions. This, no doubt, is impacting U.S. and other foreign companies operating in China. But the labor shortage is not due to a lack of available workers. Instead, it is prompted by Chinese government policies, as well as prevailing work and living conditions in affected regions.

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The Unexpected Lifeblood of U.S. Manufacturing

Everybody loves exports, and for good reason. The ability of U.S. companies to sell into global markets can boost profits by raising revenue and efficiency through greater economies of scale. But U.S. companies also benefit from the ability to import inputs, including components, commodities and materials, from those same global markets—a point confirmed by a recent study from the St. Louis Federal Reserve Bank.

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