• 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”…
  • Research Report

    Energy Subsidies: How comparisons should be calculated but aren’t

    posted October 27, 2013 by Dr. Roy Cordato
    Over the last several years there have been a great many claims about energy subsidies for both renewables and traditional sources like coal and oil. The analysis hasn't, but should, focus on net subsidies, which includes both subsidies and penalties. The important question is - how are coercive policies distorting supply and demand relative to a free market?

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