By Giovanna da Silva Last year, Hurricanes Harvey and Irma brought price gouging back into the national spotlight. During and after Hurricane Irma, the Florida Attorney General, Pam Bondi, received over 14,000 complaints of price gouging. While there are 10 active ongoing investigations of price gouging, only one case has been resolved since December. Price … Continue reading Anti-Price Gouging Laws Hinder Hurricane Recovery Efforts
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
Raising the Gas Tax Will Not Help Finance Public Infrastructure
By Giovanna da Silva As a part of his plan to revamp US public infrastructure, President Donald Trump recently suggested increasing the gasoline tax to 25 cents a gallon from the current rate of 18.4 cents per gallon to help fund his $1.5 trillion infrastructure plan. This isn’t a new idea, however, as proposals for … Continue reading Raising the Gas Tax Will Not Help Finance Public Infrastructure
Regulation of Ride Sharing Services Unnecessary Based on Evidence
By Justin Langford The emergence of ridesharing has revolutionized the transportation industry. By providing an online interface to connect passengers to drivers nearby, Transportation Network Companies (TNCs) such as Uber and Lyft offer an inexpensive and convenient alternative to traditional taxi services. The rise of TNCs, however, has brought about criticism among legislators and attempts … Continue reading Regulation of Ride Sharing Services Unnecessary Based on Evidence
Private Companies Partner to Conserve and Purify Water
By Caroline Descorbo Having access to clean drinking water is essential to sustaining human life. According to the Center for Disease Control, 780 million people do not have access to “improved,” or sanitary, sources of water. According to the World Bank, 88 percent of diseases contracted in developing nations can be attributed to unsafe drinking water … Continue reading Private Companies Partner to Conserve and Purify Water
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”
Regulations Hinder Growth of Florida’s Solar Energy Sector
By Sam Stadtlander and Giovanna da Silva In 1883, Charles Fritts created the first solar cell and established the path towards developing renewable solar energy. Since then, the 20th and 21st centuries have seen increased demand for technological innovation in the solar sector as an alternative to natural gas and other conventional energy sources. Due to … Continue reading Regulations Hinder Growth of Florida’s Solar Energy Sector
Jones Act Protectionism Hinders Puerto Rican Recovery Efforts
By Giovanna da Silva On September 16, Category 5 Hurricane Maria made landfall on Puerto Rico with sustained winds of 155 miles per hour. Maria set the record as the strongest hurricane to hit the island in 89 years. With millions of displaced Puerto Ricans desperately in need of basic essentials, such as oil, food, … Continue reading Jones Act Protectionism Hinders Puerto Rican Recovery Efforts
The Jones Act is Sinking the Growth of American Industries
By Giovanna DaSilva The Merchant Marine Act of 1920, commonly referred to as the Jones Act, is a law enacted to protect the United States’ maritime industry, regulate commerce, and bolster national defense. While well-intentioned, the act fails to reflect the current needs of the United States. Repealing the Jones Act would prove beneficial to … Continue reading The Jones Act is Sinking the Growth of American Industries
Challenges to Privatizing Flood Insurance
Giovanna Dasilva The National Flood Insurance Program (NFIP), implemented in 1968 to address a market failure in the flood insurance sector, has been the subject of scrutiny following hurricanes Harvey and Irma. Increasing the scope of the private sector has often been cited as a potential solution to the NFIP’s pitfalls. However, there are challenges … Continue reading Challenges to Privatizing Flood Insurance
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
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
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
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
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
Urban gardens face zoning restrictions
By Stephany Bittar Urban gardens are cropping up all over the country, and it’s easy to see why. Growing food inside cities can be cheap, and can provide a new level of control over what we consume. Urban gardens can also strengthen communities by providing a healthy alternative to impoverished areas with limited access to … Continue reading Urban gardens face zoning restrictions