About: Roy Cordato

VP for research and resident scholar at the John Locke Foundation

Recent Posts by Roy Cordato

Some light entertainment for a Friday afternoon

Ronald and Nancy Reagan being entertained by a really funny comedy juggler.

A reason why government is easy to sell and markets are not

There is a proposition in public choice economics called the “special interest effect.” It basically argues that government grows because for most government programs there are concentrated beneficiaries and diffused cost bearers. What this means is that the benefits of most government programs will fall on a relatively small and easily definable and therefor organizableContinue Reading

You might be a progressive if…

…you think that people have a right to attend college for free, paid for by taxpayers, but do not have a right to save for college tax-free so they can pay for it themselves. (While president Obama has rescinded his proposal to abolish 529 savings plans he did so not because he changed his mindContinue Reading

Yes Virginia reducing unemployment benefits does increase employment

A new study by the National Bureau of Economic Research (NBER) has reconfirmed the first premise of economic science–people respond to incentives. In this case, if you lengthen the time unemployment payments can be received, at the margin, you lengthen the time people will remain unemployed.  And of course, if you reduce the length ofContinue Reading

Interpreting the NFL rule book

I personally think that the NFL rule book should be viewed as a living document, one that needs to change with the sentiments of the time. There is really no reason that these rules should not be flexible enough to accommodate different views about the proper inflation of a football. After all, it is highlyContinue Reading

You might be a progressive if…

…you think the internet should be regulated but abortion clinics should not.

From Cato’s Letters

Let people alone, and they will take care of themselves, and do it best; and if they do not, a sufficient punishment will follow their neglect, without the magistrate’s interposition and penalties. It is plain, that such busy care and officious intrusion into personal affairs, or private actions, thoughts, and imaginations of men has inContinue Reading

Summary of the latest income tax data

From the Tax Foundation: In 2012, 136.1 million taxpayers reported earning $9.04 trillion in adjusted gross income and paid $1.1 trillion in income taxes. All income groups increased their income and taxes paid over the previous year. The top 1 percent of taxpayers earned their largest share of income since 2007 at 21.9 percent ofContinue Reading

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