Roy Cordato

Senior Economist and Resident Scholar
Roy Cordato is Senior Economist and Resident Scholar at the John Locke Foundation. From January 2001 to March 2017, he held the position of Vice President for Research at the Locke Foundation. He is also an adjunct faculty member in the Department of Economics at North Carolina State University where he teaches “Political Economy of the Market Process,” a course that he designed. In addition, he is faculty advisor for the Austrian Economics Forum and the Society for Politics, Economics, and the Law, both at N.C. State University.

From 1993-2000 Cordato served as the Lundy Professor of Business Philosophy at Campbell University in Buies Creek, N.C. From 1987 to 1993 he was Senior Economist at the Institute for Research on the Economics of Taxation (IRET) in Washington, D.C. He has served as full-time economics faculty at the University of Hartford and at Auburn University and as adjunct faculty at Johns Hopkins University. His publications include a 1992 book, Welfare Economics and Externalities in an Open Ended Universe (Kluwer Academic Publishers republished in 2007 by the Ludwig von Mises Institute).

His articles have appeared in a number of economics journals and law reviews in addition to The Christian Science Monitor, The Washington Times, Investor’s Business Daily, The Journal of Commerce, The Congressional Record, The Orange County Register, The Freeman, Human Events, National Review Online, The Washington Examiner, Tax Notes and many other newspapers and magazines. In 2000 he received the Freedoms Foundation’s Leavey Award in Free Enterprise Education. He is also a member of the Mont Pelerin Society and former executive board member of The Association of Private Enterprise Education. Cordato holds an M.A. in urban and regional economics from the University of Hartford and a Ph.D. in economics from George Mason University. He also holds a Bachelors of Music Education from the Hartt School of Music.

Posts by Roy Cordato (page 1)

  • A final reflection on SALT deduction repeal

    While I think the Republican tax reform/cut bill is a vast improvement over what we have, the idea that the elimination (mostly) of the SALT deduction benefits people living in lower tax states is false! It simply harms them less.
    Roy Cordato, December 20, 2017
  • What happened when I was interviewed by The Washington Post

    Earlier this week The Washington Post published an article written by a reporter named Todd Frankel, misleadingly titled “What Happened When North Carolina Cut Taxes Like the GOP Plans to for the Country.” I won’t review the article here. You can go to the link above and read it…
    Roy Cordato, December 6, 2017
  • Comparison of House and Senate tax bills–not lookin’ so good

    I just came across this summary/comparison of the House and Senate’s tax reform/cut proposals published by Forbes. It is really quite good on laying out the details in a side by side approach, covering every aspect of the two pieces of legislation. To be quite frank, upon seeing the…
    Roy Cordato, November 28, 2017
  • All electric cargo ship being put to good use

    And the headline reads… China’s first all-electric zero-emissions cargo ship is going to be used to transport coal The vessel, designed for inland waterway transport, will have a pilot shipping voyage next month, and be put into commercial use early next year. It will travel a fixed route on…
    Roy Cordato, November 27, 2017
  • The implication of Heritage Foundation’s position on State and Local Tax Deductibility

    I have made my views on the Republican’s plan to eliminate or partially eliminate the deductibility of state income taxes and property taxes from federal taxable income. My case can be found here and here. This issue paper published by the Heritage Foundation sums up the Republican…
    Roy Cordato, November 8, 2017
  • Milton Friedman takes (allegedly) Bernie Sanders to School…

    I’m not convinced it’s actually Bernie, but Sanders or not it’s still Friedman.
    Roy Cordato, November 1, 2017
  • More On the Deductibility of State and Local Taxes

    A couple week ago I argued in this Carolina Journal Daily Journal that it is bad tax policy for the federal government to eliminate the deduction for state and local taxes. I won’t repeat those arguments in this blog post, but generally I argued that it is illegitimate, from…
    Roy Cordato, October 31, 2017
  • NC goes from No. 12 to No. 11 in Tax Foundation Business Climate Ranking

    NC has gone from 12 to 11 in The Tax Foundation’s Business Tax Climate Index. Here’s two bits of commentary from the Executive Summary. The rankings for all states are also included in the summary. After the most dramatic improvement in the Index’s history in 2015—from 41st to 12th in…
    Roy Cordato, October 17, 2017