• John Locke Update

    How “price gouging” laws subsidize hoarding

    posted March 24, 2020 by 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…
  • John Locke Update

    Restore the SALT deduction

    posted January 30, 2020 by Dr. Roy Cordato
    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…
  • 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

    How Do Tax Cuts Spur Economic Growth?

    posted September 17, 2019 by Dr. Roy Cordato
    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…
  • John Locke Update

    Whatever Answer You Want, REMI Can Give it to You

    posted April 24, 2019 by Dr. Roy Cordato
    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…