• John Locke Update

    Despite Surplus, Spending Restraint is Still Required

    posted May 10, 2018 by Joseph Coletti
    On most days and most roads, most drivers treat posted speed limits as the recommended speed. A person driving at the speed limit can be the slowest vehicle moving on…
  • Research Report

    North Carolina Budget in Pictures FY2017-18

    posted April 12, 2018 by Joseph Coletti
    The state budget is one of the most important bills the North Carolina General Assembly considers each year. For the current fiscal year, which ends June 30, 2018, the…
  • 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…

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