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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 Case for Free Trade

The policy of free trade — citizens freely buying and selling goods and services across borders without government interference — is under greater attack today than it has been in decades. Despite the fact that American public support for trade and globalization is at an all-time high, politicians, pundits, and a growing cadre of wonks on both the left and the right have become increasingly hostile to the long-standing U.S. political consensus in favor of multilateral trade liberalization.

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Coming to Terms with China’s Rise

U.S. and Chinese negotiators may soon reach terms to ease the tariffs that have been uprooting supply chains and straining relations. That would be welcome news to beleaguered farmers, manufacturers, and consumers. But unless that deal compels Beijing to end its predatory technology practices and discriminatory commercial policies, détente will give way to intensified sanctions, collapse of the rules-based trading system, and the onset of an economic cold war. Depressingly, that outcome may be unavoidable, regardless.

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USMCA: A Marginal NAFTA Upgrade at a High Cost

On the campaign trail, Donald Trump vowed to strengthen enforcement of existing trade rules and negotiate better trade deals than his predecessors had. With his national security tariffs on steel and aluminum, his safeguard tariffs on washing machines and solar components, his broad trade war with China, and the looming specter of new barriers for automobile imports, President Trump has delivered—for better or worse—on the first promise. On the second, he has little to show.

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Don’t Underestimate Free-Market Capitalism

American free-market capitalism has generated the greatest economic growth the world has ever seen. At the core of its brilliance is its ability to create incentives to produce solutions to problems and to distribute those solutions worldwide. In doing so, it has paved the way for tremendous gains in efficiency and productivity while lifting millions of people out of poverty.

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