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 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
  • Federal Trade Commission Cronyism Exposed

    If you want to find out how the movie industry has, in conjunction with the Federal Trade Commission, rigged the regulatory game against their up and coming competitors on platforms like YouTube, watch well known YouTube creator and consultant MatPat’s latest Film Theory. Note that in less than 2…
    Roy Cordato, October 16, 2017
  • Norman Ture’ on the deductibility of state and local taxes

    Norman Ture’, who died in 1997, could be considered the godfather of contemporary supply side economics. He was the under secretary for tax and economic affairs under President Reagan and is recognized as the main architect of Reagan’s 1981 tax cut legislation. In almost every area he would be…
    Roy Cordato, September 29, 2017
  • NC’s full employment means Amazon would be stealing workers not creating jobs

    Today’s Carolina Journal’s “Daily Journal” features an important article by my colleague Jon Sanders on Amazon’s attempt to fleece North Carolina’s taxpayers in soliciting an unprecedented incentive package, i.e. bribe, from the State. If Governor Cooper and NC’s always-anxious-to-extend-the-corporate-gravy train legislature, hands over the booty Amazon wants, the corporate…
    Roy Cordato, September 22, 2017
  • Price Gouging Laws

    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 a decade ago. It’s relevance to the current moment should be obvious. North Carolina’s Price Gouging Law—Prices Too High North…
    Roy Cordato, August 27, 2017