By Kevin D. Gomez In the one area Cuba has the wherewithal to come out on top, it has failed. Cuba’s socialism is no healthcare unicorn. Instead, we have a raging bull rearing its ugly head. The island nation’s leaders know it and are cracking down with predictable force. In response to the #SOSCuba protests, … Continue reading Cuba’s Health Care Fiasco Demonstrates Failure to Embrace Markets
Lionfish Epidemic and Its Repercussions for Florida
By: Joshua Durham Over the past thirty years, an invasive species colloquially known as the lionfish has infested coasts across the Gulf of Mexico. Originally native to the Red Sea and Indo-Pacific region, several varieties of this species now populate the coastal waters of Florida and the Caribbean. Though still under review, evidence points to … Continue reading Lionfish Epidemic and Its Repercussions for Florida
Kind Snacks Uses Power of Technology to Impact Classrooms
By Gianni Vasquez Not only is making a profit a part of a company’s business model, but creating methods of positive social impact is equally important. This is characteristic of social enterprises such as Kind Snacks LLC, which was founded in 2004 by Daniel Lubetzky, a Mexican-American entrepreneur, author, and renowned activist. The company is … Continue reading Kind Snacks Uses Power of Technology to Impact Classrooms
Effects of Increased Competition on School Efficiency
By Andrea Medici In addition to spurring competition between school districts, school choice policies attempt to introduce competition within school districts by changing the competitive landscape of local education markets. The introduction of private and charter schools, as well as virtual learning programs, are all attempts to incentivize public schools to be more efficient and … Continue reading Effects of Increased Competition on School Efficiency
Is Open Enrollment Effective Market-Based Education Reform?
By Andrea Medici Since the 1950s school choice has been implemented in many forms to support the education system in the United States. Open enrollment is one such approach that requires school districts to enroll students who reside in other districts. This is a particularly pertinent subject to Florida as the 2017-18 school year marked … Continue reading Is Open Enrollment Effective Market-Based Education Reform?
Corporate Social Responsibility and the Millennial Generation
By Alexis Gimbel The concept of corporate social responsibility, also known as “CSR,” is a company’s efforts to take accountability for its effects on the environment and society. A firm that practices CSR will often operate in a manner that surpasses the business standards required by government regulations. This ideal has led to the development … Continue reading Corporate Social Responsibility and the Millennial Generation
Crony Capitalism and the Rising Price of the EpiPen
By William Reynolds Monopolies are often the by-product of market failures that are induced through crony capitalist policies. Crony capitalist policies are pieces of legislation enacted to benefit politicians and private companies at the cost of the consumers. The ramifications of these policies on competitive markets can be far-reaching, and in certain instances have larger … Continue reading Crony Capitalism and the Rising Price of the EpiPen
Businesses Benefit from a Philanthropic Approach
By Gianni Vasquez Businesses play a crucial role in generating economic growth and prosperity. While they increase people’s standards of living through job creation, companies are in a position to further benefit society by incorporating social responsibility as a part of their mission. Philanthropy not only strengthens the brand of the company, but also creates … Continue reading Businesses Benefit from a Philanthropic Approach
Israeli Consumers Would Benefit from Greater Competition in Agricultural Industry
By Kristen Carpenter A gallon of milk in Israel costs approximately $6 and eggs are priced at around $3.50. Meanwhile, the prices of milk and eggs in the United States cost consumers about half as much: $3.20 and $2.41, respectively. Israel’s high food costs can largely be attributed to the country’s arid and hilly landscape … Continue reading Israeli Consumers Would Benefit from Greater Competition in Agricultural Industry
How Israel’s Crony Capitalism Undermines Its Reputation as a “Start-up Nation”
By Kristen Carpenter Israel is often nicknamed as the “start-up nation” for its thriving high-tech industries and successful entrepreneurial ventures. Unfortunately, the country is also known for its protectionist policies in the economic sector. A report by the Brookings Institution found that Israeli industries have above-average market concentration rates across all sectors, including manufacturing, real … Continue reading How Israel’s Crony Capitalism Undermines Its Reputation as a “Start-up Nation”
Economic Freedom Key to Cities’ Success
By Matt Kelly Economic freedom is the unrestricted ability of people in a country to associate and transact with one another. Measuring economic freedom has become a growing area of academic research. Probably the best known measure is the index constructed for the “Economic Freedom of the World” annual report on 159 countries published by … Continue reading Economic Freedom Key to Cities’ Success
Regulators Adapt to the Sharing Economy
By Matt Kelly The so-called “sharing economy” has revolutionized the way people travel, lodge, eat, and work through companies such as Uber, Lyft, Airbnb, and OpenTable. Buyers and sellers are increasingly transacting on online platforms that use a mix of demand pricing, reputation mechanisms, and computer algorithms to match users. This innovation represents a dramatic challenge … Continue reading Regulators Adapt to the Sharing Economy
Study Finds Growth Management Laws Reduce Housing Affordability
by Matt Kelly A new study by Cato Institute Senior Fellow Randal O’Toole explores the history and effects of growth management in the United States. Growth-management laws, according to O’Toole, “restrict rural development in order to force most growth into the cities.” In “The New Feudalism: Why States Must Repeal Growth-Management Laws” O’Toole finds these … Continue reading Study Finds Growth Management Laws Reduce Housing Affordability
Targeted Industry Tax Incentives in Florida
By Marisa Lupica Tax incentives are a significant but ineffective part of states’ economic development policy. As of 2012 states spent an estimated $80.4 billion annually on tax incentives for businesses. Yet, most economic research on the subject finds that targeted tax incentives are ineffective at attracting businesses, creating jobs, or improving a state’s economic … Continue reading Targeted Industry Tax Incentives in Florida
The Per Business Regulatory Burden: Ranking Florida’s Local Governments
By Matt Kelly and Tyler Worthington The dramatic increase in federal government regulation has been well documented by economists and journalists, as has its detrimental effects on economic growth. The DeVoe Moore Center has constructed assorted measures of state and local regulatory restrictiveness. This article focused on revenues collected per business on the local level … Continue reading The Per Business Regulatory Burden: Ranking Florida’s Local Governments
New Report Analyzes Tallahassee’s Permitting Process
By Matt Kelly An efficient regulatory process is essential to the business development strategies of cities like Tallahassee, Florida. Regulations that are too cumbersome or unnecessary increase the cost of doing business without serving the public interest. The growth and negative impact of regulatory accumulation at the federal level has been well documented, but local … Continue reading New Report Analyzes Tallahassee’s Permitting Process
Citizens Property Insurance Corporation is Regressive and Risky
By Matt Kelly Citizens Property Insurance Corporation was formed by the Florida Legislature in 2002 for the purpose of serving Florida’s residual property insurance market. Its creation was justified by the argument that middle-income residents have a tough time purchasing insurance in a hurricane-prone state like Florida, and public subsidies were needed to even the … Continue reading Citizens Property Insurance Corporation is Regressive and Risky