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
Interview with Dr. Keith Ihlanfeldt
Introduction & interview by Matthew Wykoff My name is Matthew Wykoff and I am a senior at FSU finishing my undergraduate degree in Economics. As a DMC researcher interested in Tallahassee’s local urban development, I interviewed Dr. Keith Ihlanfeldt about his recent paper, Impact of Rental Housing on Neighborhood Integration. Dr. Ihlanfeldt’s official title is … Continue reading Interview with Dr. Keith Ihlanfeldt
Entrepreneurship programs challenge conventional wisdom on criminal justice
Those who choose the path of an entrepreneur have the opportunity to reclaim their lives on their own terms, saving themselves while bettering their own communities and making a meaningful contribution to the economy.
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
Hurricane Response Efforts are Most Effective When Decentralized
By Chad Thomas According to the Federal Emergency Management Agency (FEMA), emergency responses to hurricanes aim to prevent further loss of life and property damage. Effective emergency responses utilize local information and enable decentralized responses from within the disaster zone. Local information about necessary relief in affected areas aids response efforts. A decentralized response enables … Continue reading Hurricane Response Efforts are Most Effective When Decentralized
A Brief History of Frenchtown
By Jordan Greer With Frenchtown development becoming one of the spotlight issues in the city of Tallahassee's future economic redevelopment plans, a look at the social and economic context for this marginalized area of the city might be useful. On July 4th 1825, the federal government granted $200,000 worth of northern Florida territory to Marquis … Continue reading A Brief History of Frenchtown
Bethel Church: Visions of a Frenchtown Renaissance
N'namdi Green Since its official inception in 1870, Bethel Missionary Church has been a staple within the greater downtown area of Tallahassee. Throughout the years, Bethel Church has created and maintained a strong presence in the Frenchtown area by serving not only as a religious hub, but also as an epicenter for social engagement within … Continue reading Bethel Church: Visions of a Frenchtown Renaissance
After this Hurricane Season, We Need to Rethink Flood Insurance
Gina Reyes With the national spotlight on flooding caused by hurricanes Harvey and Irma, the National Flood Insurance Program (NFIP) has come under scrutiny. The federal program primarily focuses on offering flood insurance coverage and reducing the impact of flood damage. The NFIP was established in 1968 to counteract a market failure on the … Continue reading After this Hurricane Season, We Need to Rethink Flood Insurance
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
Study Explores Local Government Response to Recessions
Recessions can be trying times for city and county governments. They typically experience a fall in revenue from two primary sources: 1) a shrinking property tax base because of falling property values and 2) lower intergovernmental transfers—grants and other payments received from the state and federal governments—because of cutbacks made at these higher levels of … Continue reading Study Explores Local Government Response to Recessions
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
New Study Explores Crony Capitalism in Florida
A new study published by The James Madison Institute by DeVoe L. Moore Center Policy Analyst Matthew Kelly and Center Director Samuel Staley explores two examples of crony capitalism in Florida's government policy: sports stadium subsidies and film tax incentives. The authors urge Floridians to remain vigilant over the spending of their tax dollars by government … Continue reading New Study Explores Crony Capitalism in Florida
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
Monopolistic Licensing Board Taken to Court, Others Could Follow
By Matt Kelly In 2015, the US Supreme Court ruled that North Carolina’s State Board of Dental Examiners, which administers the state’s occupational licensing regulations, violated federal antitrust law. Occupational licensing has been growing for decades, both in terms of the number of regulated industries and the costs to those seeking licenses. However, the North … Continue reading Monopolistic Licensing Board Taken to Court, Others Could Follow
New Overtime Rules Blocked For Now, But Uncertainty Weighs on Businesses
By Matt Kelly CLOCK IN TIME: 6:10pm Work in the United States may be about to change. The Department of Labor (DOL) has updated overtime rules relating to the Fair Labor Standards Act, and some changes could have a big impact on businesses’ labor costs. The rules were set to take effect on December 1, … Continue reading New Overtime Rules Blocked For Now, But Uncertainty Weighs on Businesses
Special Districts in Florida
By: Matt Kelly and Tyler Worthington Former Speaker of the U.S. House of Representatives Tip O’Neil once said, “all politics is local,” meaning that politicians must appeal to local constituents to succeed. Yet political economy is arguably most opaque and complex at local levels. Local governments have grown as numerous as they are multifaceted. Over … Continue reading Special Districts in Florida
Gender Wage Gap in Florida
By Tyler Worthington, Tian Ma, and Igor Lukashevich One of the hottest topics in the 2016 presidential race is income inequality. Income inequality between the genders has been of particular interest. According to the White House, full-time working women are paid 78 cents for every dollar earned by a man. However, the labor market in … Continue reading Gender Wage Gap in Florida
Florida’s Frugal Government
By Randall G. Holcombe, Ph.D. Living in Tallahassee, I often hear people complain about Florida’s frugal state government. It is true that Florida is among the most frugal states. According to this article Florida is second from the bottom among states in per capita state government expenditures, and this article says Florida is also second … Continue reading Florida’s Frugal Government
EPA’s W.O.T.U.S. rule would affect much of Florida
By Tyler Worthington On June 29, 2015, the Environmental Protection Agency (EPA) and Army Corps of Engineers added a new rule that redefined “Waters of the United States” (W.O.T.U.S.) to the Federal Register and broadened what streams, rivers, ponds, wetlands, ditches, and waterways are subject to federal regulations under the Clean Water Act. This rule marks … Continue reading EPA’s W.O.T.U.S. rule would affect much of Florida