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)

  • The Case Against “Price Gouging” Laws–Lessons Never Learned

    A year ago on August 27th, 2017, I posted the following in this space. The story never gets old (unfortunately). This is an excerpt from two different sections of North Carolina’s Price Control Laws: Harming Those They are Meant to Help, a monograph that I wrote for the Locke Foundation over…
    Roy Cordato, September 11, 2018
  • Did Adam Smith believe people are strictly self interested profit maximizers?

    From his neglected, especially among economists, Theory of Moral Sentiments: Nature, when she formed man for society, endowed him with an original desire to please, and an original aversion to offend his brethren. She taught him to feel pleasure in their favorable, and pain in their unfavorable regard. She rendered…
    Roy Cordato, August 22, 2018
  • From Facebook: Meteorologist/climatologist, Dr. Roy Spencer, reports on the latest heat wave

    “Heat wave” update: here’s the month of July so far (July 1-4). Notice that the unseasonably cool areas cancel out the warm areas. So why all the heat wave news? Because the heat just happens to be where a lot of people live. In our business this is what we…
    Roy Cordato, July 5, 2018
  • Open letter to the president on the negative impact of trade deficits

    Dear Mr. Trump: There has not been a day that has gone by recently where you haven’t pointed to large dollar trade deficits (i.e. goods and services surpluses) that the US has with other countries like China, as a major reason why you are pursuing protectionist trade policies that punish…
    Roy Cordato, April 4, 2018
  • Trade War

    What is being referred to as a “trade war” in the media and by the President is not a trade war at all, but an anti-trade war. If the expression “trade war” has any meaning it refers to the battle among businesses that goes on every day for the hearts,…
    Roy Cordato, March 5, 2018
  • Economic Idiocy Never Goes out of Style

    Yesterday President Trump announced that he would be placing a 25 percent tariff on imported steel and a 10 percent tariff on imported aluminum. The main argument that the administration is using for arranging this wealth transfer from American consumers to the steel and aluminum industries is that imports and…
    Roy Cordato, March 2, 2018
  • Yes, the climate it is a changin’

    Roy Cordato, January 17, 2018