Roy Cordato

rcordato@johnlocke.org

Related Freeman Articles

Article

Taxing Investment

The income tax penalizes saving.

JANUARY 23, 2012 by ROY CORDATO

The income tax double-taxes saving relative to consumption, that is, reduces the returns to saving twice, while reducing the returns to consumption just once.

Article

Deficit Spending and Future Generations: Not What You Might Think

MAY 21, 2009 by ROY CORDATO

Ultimately, the real choice is not between deficit-financed and tax-financed spending. The moral question is whether we should have more spending and bigger government with less liberty or less spending with a smaller government and more liberty. The hand-wringing on the left and right about passing the cost of "stimulating" our economy onto future generations is misplaced. No matter how it's financed, Obama's new spending has the potential to stimulate only one thing: the size, scope, and power of government.

CURRENT ISSUE

November 2014

It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
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