Archives: Dr. Roy Cordato

Public officials at all levels are pleading with consumers not to hoard basic household necessities like toilet paper, paper towels, cleaning, and sanitizing products, or groceries. There are no problems…

In the shadow of their impeachment vote last month, the U.S. House of Representatives voted on and passed a bill that got few headlines, primarily because it will likely go…

Editor’s Note: This will be the final research brief for 2019.  On behalf of the John Locke Foundation’s Research Division, I want to thank you for reading our work and…

If asked who sets interest rates in for the economy, most of us would answer that the Federal Reserve (the Fed) does. In other words, a government-created central authority “sets”…

The Democratic party’s most radically progressive candidates, Bernie Sanders and Elizabeth Warren, have promised to impose a tax on wealth. To be clear, wealth is distinct from income. Wealth is…

It is widely believed, with plenty of evidence to support the hypothesis, that tax cuts spur economic growth. Over the past six decades, tax cut legislation has been implemented by…

Economic impact studies are common. They usually are invoked by government or special interest groups to demonstrate how a particular spending or tax incentive policy will affect variables such as…

In December 2018, I wrote the following: “As a general rule, the public and politicians should never view economic impact studies as anything more than an attempt by special…

Recently, I was researching on an economic modeling company called Regional Economic Modeling, Inc., better known as REMI. REMI is one of several companies that produce economic models used by…

I was recently cleaning out some old files and came across an article on trade deficits and surpluses that I wrote in 1988 while working as an economist with the…