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Sunday, May 26, 2013
Hawaii Academics, Business Leaders Urge Congress to Repeal Jones Act
By News Release @ 2:39 PM :: 5074 Views :: Jones Act

17 Prominent Hawaii economists, business leaders, and professors ask Congress to Repeal 1920s Law Preventing Foreign Competition in Shipping

News Release from Smart Business Hawaii May 22, 2013

Seventeen prominent economists, professors and business leaders are calling on Congress to repeal the Jones Act, the 1920s shipping law that requires goods shipped between American ports are transported on American manned, owned and made ships.

They all agree: “The restriction of shipping to the islands is highly protectionist and anachronistic, thus unnecessarily raising the cost of living” and add the Jones Act is an impediment to the economic health of the Hawaii economy.

The letter is being sent to all of Hawaii’s congressional delegation as well as all members of Congress.

Jones Act supporters were at the U.S. Capitol on May 21, offering the opposing view. According to a news release from the American Maritime Partnership, Joseph H. Pyne, Chairman and Chief Executive Officer of the Kirby Corporation, testified before the Subcommittee on Coast Guard and Maritime Transportation of the House Transportation and Infrastructure Committee and said “preserving the Jones Act is essential to the nation’s economic growth as well as its national and homeland security.”

A copy of the letter and names of those who signed the letter along with the date of their signature is provided below.

Concerning Repeal of the Jones Act

As the Jones Act is an impediment to the economic health of the Hawaii economy, we urge all measures for its repeal. The restriction of shipping to the islands is highly protectionist and anachronistic, thus unnecessarily raising the cost of living.

Sincerely, (alphabetical order)

Dr. Lee H. Endress                ____________________  Date     5-9-13

-Affiliate Graduate Faculty, Economics Department, University of Hawaii at Manoa

Dr. Howard He                      ____________________  Date     5-7-13

-Associate Professor of Economics, Hawaii Pacific University

Dr. Baybars Karacaovali       ____________________  Date     5-9-15

Assistant Professor, Department of Economics, University of Hawaii at Manoa

Ed Kemp,                                ____________________  Date     5-17-13

-President & CEO of E.N. Kemp & Associates

Dr. Leroy Laney                    ____________________  Date     5-6-13

-Professor of Economics and Finance, Hawaii Pacific University

James Barney Marsh, Ph.D.   ____________________  Date     5-15-13

-Professor of International Business Economics, University of Hawaii-Manoa

Dr. Hannah-Hanh Nguyen    ____________________  Date     5-8-13

-Assistant Professor, Shidler College of Business, University of Hawaii at Manoa

Dr. Panos Prevedouros         ____________________  Date     5-7-13

-Professor of Engineering, University of Hawaii at Manoa

Dr. S. Ghon Rhee                  ____________________  Date     5-7-12

Shidler Distinguished Professor of Finance, University of Hawaii at Manoa

Richard O. Rowland,             ____________________  Date     5-17-13

-Chairman of the Board, Grassroot Institute of Hawaii

Ken Schoolland                      ___________________   Date     5-6-13

-Associate Professor of Economics, Hawaii Pacific University

Sam Slom,                                ___________________   Date     5-17-13

-President, Smart Business Hawaii, state Senate Minority Leader

Dr. Ralph Sprague                 ____________________  Date     5-7-15

Professor Emeritus, Shidler College of Business, University of Hawaii at Manoa

Feng Xingyuan, Ph.D.            ____________________   Date    5-7-13

-Professor and Vice Director, Unirule Institute of Economics; Vice President, Cathay Institute for Public Affairs

Bei Zeng. Ph.D.                      _____________________ Date    5-9-13

-Assistant Professor of Finance, Hawaii Pacific University

Kate Zhou, Ph.D.                    _____________________ Date    5-18-13

-Professor of Political Economy, University of Hawaii-Manoa

Feifei Zhu, Ph.D.                    _____________________ Date    5-17-13

-Assistant Professor of Finance & Economics, Hawaii Pacific University


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