Archives: Dr. Roy Cordato

  • Five losers and one winner from protectionism

    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 American consumers a more attractive price or better-quality product than they can get from American producers of the same…

  • Commentators err when they claim growth generates inflation

    From Carolina Journal Radio Program No. 772: Some economic commentators believe recent economic growth signals that increased inflation is on the way. Roy Cordato, John Locke Foundation senior economist, explains why those commentators are wrong. Cordato says the basic economic law of supply and demand counters the faulty argument…

  • Too much money — not too much growth — is cause of inflation

    If the supply of oil goes up, the price of oil and gasoline falls. If the supply of oranges goes up, the price of oranges and orange juice goes down. If the supply of computers, televisions, and smart phones increases, the prices of all these products decline. These are all…

  • Trump’s tariffs would hurt American consumers

    From Carolina Journal Radio Program No. 769: President Trump wants new tariffs on foreign-made washing machines, solar panels, and other items. These tariffs would amount to a tax on American consumers. Roy Cordato, John Locke Foundation senior economist, explains why these tariffs represent a bad approach to public policy.

  • Carolina Journal Radio No. 769: Pipeline fund generates controversy

    Gov. Roy Cooper’s administration ended months of speculation by approving a key water-quality permit for the Atlantic Coast Pipeline. While complaints from environmental activists grabbed headlines, Cooper also raised eyebrows by announcing the creation of a new fund totaling nearly $58 million. Cooper says the money can fund more than…

  • JLF’s Roy Cordato outlines concerns about Trump’s tariffs

    Dr. Roy Cordato, John Locke Foundation senior economist, discusses his concerns about President Trump’s proposed tariffs on washing machines and other products. Cordato offered these comments during an interview with Donna Martinez for Carolina Journal Radio.

  • Policy ought to promote economic growth, not economic development

    From Carolina Journal Radio Program No. 764: We hear a lot about economic development. We ought to focus instead on economic growth. Roy Cordato, John Locke Foundation senior economist, explains the distinction between the two terms. Cordato also explains why government policies should focus more on growth than development.