• John Locke Update

    Interest Rates Should Be Set by the Market, Not the Fed

    posted December 2, 2019 by Dr. Roy Cordato
    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”…
  • John Locke Update

    Does Government Spending Expand the Economy?

    posted June 20, 2018 by Dr. Roy Cordato
    There is a simple equation that every first-semester student in macroeconomics learns. It is the equation for measuring gross domestic product or GDP. GDP is used to measure the size…

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