• John Locke Update

    The Five Losers and One Winner From Protectionism

    posted March 14, 2018 by Dr. Roy Cordato
    Typically, “saving American jobs” is the reason given for implementing protectionist trade measures, i.e., tariffs and quotas. The argument goes something like this: foreign producers of a product are offering…
  • John Locke Update

    Governments Are People and People Are Complicated

    posted March 8, 2018 by Joseph Coletti
    Government is more than just a concept.  Government is people. For better and for worse, imperfect human beings fill government roles and make government decisions. That is why Federalist…
  • John Locke Update

    Prepare for the Next State Budget by Focusing on Spending

    posted January 10, 2018 by Joseph Coletti
    Hundreds of years separate Jean Jacques Rousseau and Dave Ramsey, but they share a common approach to finances. In the Social Contract, Rousseau writes that the “most important maxim…
  • John Locke Update

    The Good and the Bad of the House and Senate Tax Bills

    posted November 30, 2017 by Dr. Roy Cordato
    I just came across this summary/comparison of the House and Senate’s tax reform proposals published by Forbes. It is really quite good at laying out the details in a…
  • John Locke Update

    Saving Now for a Better State Budget Tomorrow

    posted September 20, 2017 by Joseph Coletti
    You may have missed the news that North Carolina government had higher revenue and lower spending than budgeted for the third year in a row. When government takes in…
  • John Locke Update

    How to Reduce Taxes on Savings

    posted August 17, 2017 by Joseph Coletti
    Americans spent 2.6 percent more on goods and services after adjusting for inflation in the three months through June than in the same period a year ago, but…
  • John Locke Update

    State Budget Projections Demand Healthy Skepticism

    posted July 27, 2017 by Joseph Coletti
    It’s a tale of two state budget pictures. A new report from the Mercatus Center at George Mason University compares North Carolina’s fiscal solvency to those of other states. Meanwhile,…
  • John Locke Update

    Best Practices for Better Budgets

    posted July 20, 2017 by Joseph Coletti
    Since nonpartisan staff at the General Assembly presented a five-year projection of spending and taxes, editorials and comments from state legislators make it clear that long-term estimates of spending and…
  • Research Report

    A New State Budget Based On Time-Tested Principles

    posted July 11, 2017 by Joseph Coletti
    In his 1985 address to the North Carolina Foundation for Research and Economic Education (NC FREE), Gov. James Martin laid out three keys to a more conservative view of government.

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