• John Locke Update

    Trade Deficits Can Be Beneficial

    posted April 10, 2019 by Dr. Roy Cordato
    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…
  • Research Report

    Corporate Tax Incentives: What’s the harm?

    posted May 5, 2015 by Dr. Roy Cordato
    The governor and Republican members of the state legislature are advocating for a host of new incentive programs and the extension and/or expansion of others. However, these programs are likely to harm consumers, investors, and entrepreneurs who are not privy to the subsidies.
  • Research Report

    Lower Taxes, Higher Growth: Scholarly Research Reveals Economic Benefits of Fiscal Restraint

    posted April 14, 2014 by John Hood
    Most studies find that lower levels of taxes and spending, less-intrusive regulation, and lower energy prices correlate with stronger economic performance. The implications of this research track well with recent public policies adopted in North Carolina. Judging from the available empirical evidence, North Carolina’s new policy mix is likely to result in stronger economic growth in the coming years.

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