By: Sarah Grace Hutchinson On September 22nd, 2023, the DMC welcomed Austin Eovito, a DMC alum, to host a discussion on Artificial Intelligence (AI). Eovito works for the International Business Machines Corporation (IBM) as a Data Scientist, specifically working for IBM’s Data and Artificial Intelligence Business Unit. Eovito hosted a casual discussion and Q&A about … Continue reading Alumni Spotlight: Data Scientist Austin Eovito Tackles AI at the DMC
Alumni Spotlight: Data Analytics Sets Jimmy Mendez Up for Career Success
By: Mishalynn Brown Students embark on numerous career paths after college. The DMC works to ensure that students are armed with a set of skills that apply to their future endeavors. We were happy to catch up with Jimmy Mendez, an alumnus of the DMC who worked within the Data Analytics Group. Joining the Center … Continue reading Alumni Spotlight: Data Analytics Sets Jimmy Mendez Up for Career Success
A Close Look at Pedestrian Traffic in the Gaines Street Corridor
By Samantha Murray Tallahassee’s CollegeTown area may be one of the most vibrant places in the city with its popular restaurants and rising art scene. Yet, its road infrastructure has not kept pace with development. In order to sustainably support potential economic growth, future urban development should prioritize increasing walkability in the CollegeTown urban space. … Continue reading A Close Look at Pedestrian Traffic in the Gaines Street Corridor
Does Digital Learning Level the Economic Playing Field for Marginalized Groups?
By Andje Louis The internet and related technologies–smartphones, computers, search engines, social media platforms–have become ingrained tools in everyday life. As more services and resources are made available online, digital inequality has come to mirror income and healthcare gaps among the world’s more marginalized populations, such as low-income and underrepresented groups. While most people use … Continue reading Does Digital Learning Level the Economic Playing Field for Marginalized Groups?
Data Science and the Humanities: A Mutually Beneficial Relationship
By: Angel Purganan A popular misconception is that entering a STEM field requires a technical or scientific degree. However, the varying academic backgrounds in today’s tech industry reveal a different reality. LinkedIn data indicates that liberal arts majors entering the technology industry outpaced computer science and engineering majors by 10%. The presence of non-STEM majors … Continue reading Data Science and the Humanities: A Mutually Beneficial Relationship
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
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”
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
Beyond Recidivism: Addressing Behavioral Change within American Prisons
By Stephany Bittar Two-thirds of the 2.3 million Americans that are currently housed in the U.S. state and federal prison systems are expected to reoffend within three years of their release. Recidivism, or the tendency of a criminal to reoffend, is one of the most prevalent social problems facing current and former prisoners. High recidivism … Continue reading Beyond Recidivism: Addressing Behavioral Change within American Prisons
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
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
Special District Spending Priorities and Political Entrepreneurship
By Matt Kelly and Tyler Worthington Special districts are small local governments created by state statute or local ordinance to fulfill a particular purpose in a specified geographic area. Some special districts control the mosquito population in an area, while others are in charge of things like fire protection, library administration, or utility services. Unlike … Continue reading Special District Spending Priorities and Political Entrepreneurship
Microfinancing: Good for the Poor?
By Logan Shewmaker Many businesses start on loans. Traditionally, the loan process works by allowing a business owner or individual to approach a bank, receive the money upfront, and then pay back the amount loaned out over a period of time. Bank loans range anywhere from a few hundred dollars to millions. Eligibility criteria usually … Continue reading Microfinancing: Good for the Poor?
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
Top 2% of state employees see faster rise in income than bottom 98% since the Great Recession
By: Igor Lukashevich In 2014, the world was abuzz with talk of Thomas Piketty’s treatise on global economic inequality, Capital in the Twenty-First Century. The rising global disparity of income, the author argued, will inevitably result in social and economic instability across the world. It is interesting to note that income inequality also exists, and … Continue reading Top 2% of state employees see faster rise in income than bottom 98% since the Great Recession
Health Care and Education Departments Spend the Most of Florida’s State Budget
By: Nick Hyder and Tian Ma With 2015 behind us, it’s worthwhile to take stock of last year’s spending by state government. A state’s spending says a lot about its priorities, and accountability to taxpayers is an important component of a democracy. The Agency for Health Care Administration tops the list of spending by state … Continue reading Health Care and Education Departments Spend the Most of Florida’s State Budget
Duval county tops spending per person, followed by some of Florida’s smallest counties
By: Nick Hyder, Tian Ma, Igor Lukashevich, and Nadia James Out of the 67 counties in the state of Florida, Duval County spends the most per capita. Duval County is home to Florida’s most populous city, Jacksonville, which has a population over twice as large as Miami, Florida’s second most populous city. In 2014, Duval … Continue reading Duval county tops spending per person, followed by some of Florida’s smallest counties
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
Measuring Liberty: The Economic Freedom of the World Index
By Matt Kelly Defining freedom can be a difficult endeavor, yet the ability to compare relative economic and social liberties among countries is of significant importance for economic research. With that aim in mind, Florida State University professor and DeVoe Moore scholar James Gwartney and Robert Lawson of Southern Methodist University, have compiled the Economic … Continue reading Measuring Liberty: The Economic Freedom of the World Index
Taxis and Ridesourcing Companies Serve Different Customers
By Matt Kelly Uber, Lyft, Sidecar, and other “ridesourcing” services have been the subject of a near continuous stream of popular news stories, lawsuits, protests, and even regulatory reforms across the world. The reporting has often bordered on sensationalism, but a handful of recent economic studies have tried to objectively examine the effects of “ridesourcing” … Continue reading Taxis and Ridesourcing Companies Serve Different Customers
New Study Sheds Light on Ridesharing’s Labor Market
By Matt Kelly Few economic issues have been more talked about this year than the disruptive forays into the taxi market by ridesharing technology companies like Uber and Lyft. It seems reasonable to assume ridesharing drivers are of the same ilk as traditional taxi drivers, yet little academic research has been done...until now. A recent … Continue reading New Study Sheds Light on Ridesharing’s Labor Market
New Study Tests the Merits of Surge Pricing
By Matt Kelly As Uber, Lyft and other “ridesharing” services continue to revolutionize the urban transportation landscape, more complaints are surfacing questioning the efficiency and fairness of the innovative services they provide. One of the more recent is “surge pricing,” the idea that services provided during peak periods carry a higher charge or fee. A … Continue reading New Study Tests the Merits of Surge Pricing
Do UberX Driveres Really Earn Three Times More than Taxi Drivers?
Original post date: September 16, 2014 Article by: Ben Douglas In May, Uber revealed annual median incomes for UberX drivers in New York and San Francisco of $90,766 and $74,191, respectively. In contrast, 2013 median annual taxi driver incomes in New York and San Francisco are $29,910 and $28,060 according to the Bureau of Labor … Continue reading Do UberX Driveres Really Earn Three Times More than Taxi Drivers?
Obamacare Opens Up New Opportunities for Profit
Original post date: December 03, 2013 Article by: Anonymous The Affordable Care Act has many flaws and critics, but entrepreneurial individuals have found a way to profit from the law, and investors are eager to take advantage of these openings. With new online exchanges, new policies and regulations, and millions of individuals affected, several service … Continue reading Obamacare Opens Up New Opportunities for Profit
Wealth Migration Pays Florida
State. It is also worth noting that you can track individual counties. For Florida, the biggest winners were a strip along the Gulf coast (from Citrus County to Collier) and most of the Atlantic coast. Of course, there are other factors at play. The elderly (who are more likely to be wealthy) have been retiring … Continue reading Wealth Migration Pays Florida
Housing Formation in a Recession
Post date: June 27, 2013 Article by: Gary Chong-Qui In past years, a stigma seems to have followed people moving back in with their parents after college. Most undergrads think they’ll have their lives sorted out by the time graduation day comes, or at the very least have some direction for moving on. The statistics … Continue reading Housing Formation in a Recession
Public Debt: How Does Florida Stack Up?
Original post date: June 20, 2013 Article by: Anonymous 5/8/2023 Edits: Some links that were no longer working have been fixed. Over at the Tax Foundation, a recent Monday Map highlights the debt per capita of each state. The good news is that Florida ranks fairly low on the list, coming in at #40; I’ll … Continue reading Public Debt: How Does Florida Stack Up?
Do Left-Leaning Cities Oppose New Housing?
Original post date: February 25, 2013 Article by: Anonymous Matthew E. Kahn of UCLA’s Institute of Environment concludes in a study published in the Journal of Urban Economics that cities with a majority of citizens registered in political parties with liberal tendencies—the Democratic Party, Green Party, and Peach and Freedom Party—issued fewer new housing permits … Continue reading Do Left-Leaning Cities Oppose New Housing?