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Roy Cordato

Works Published inThe Free MarketSpeeches and PresentationsMises Daily ArticleThe Journal of Libertarian StudiesQuarterly Journal of Austrian Economics

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.

 

All Works

An Austrian Theory of Environmental Economics

The EnvironmentPraxeology

06/18/2022Mises Daily Articles
Environmental economics is steeped in standard neoclassical theories of efficiency and Pigouvian welfare economics. That's a problem.
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The Austrian Theory of Efficiency and the Role of Government

11/09/2019The Journal of Libertarian Studies
If one starts with a different view of efficiency and market optimality than the accepted notion of perfect competition then an entirely different set of conclusions relative to government intervention can be reached.
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Government "Stimulus": The Real Trickledown Economics

Taxes and Spending

Blog02/14/2018
"Stimulus" requires first sucking money out of the private sector, and then letting it trickle back into the economy vis-à-vis new government spending.
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There Ain’t no Economics in Economic Impact Studies

Protectionism and Free Trade

Blog05/28/2017
Interest groups often commission "impact studies" that just happen to prove the economy will benefit from whatever the interest group wants to do.
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The Minimum Wage: Taking Away the Right to Work

The EntrepreneurInterventionismPolitical TheoryValue and Exchange

Blog08/09/2016

The view seems to be that if a higher minimum wage is mandated that employers will continue to make all of the same hiring decisions. Not true.

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