By: Shayna Cohen With approximately two out of every three high school graduates enrolled in university or college, higher education is an expectation for adults in the United States. By working hard in college, people hope to increase their social standing, job prospects, and earning potential. However, affording the high price tag of these aspirations … Continue reading Financing America’s Colleges: The Reality of Pell Grants
By Kristen Carpenter and Giovanna da Silva Entrepreneurship often serves as a means to achieve social change. In the Middle East, social enterprises such as Glowork foster advancement by providing the disenfranchised with empowerment and professional development opportunities. Many entrepreneurs and employment seekers in the area, however, face regulatory hurdles to starting their own business. … Continue reading Middle Eastern Entrepreneurs Face Regulatory Hurdles
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
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
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?
By: Igor Lukashevich and Nadia James The top six Florida counties for revenue intake per capita are as follows: Duval, Monroe, Miami-Dade, Franklin, Charlotte, and Collier. Total revenues for counties follow very closely with total expenditures, as the same six counties also topped the list for expenditures per capita. This relationship makes sense because the … Continue reading The Top 10 Highest Earning Counties in Florida
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
By Erick Winterkamp Policymakers experience conflicting pressure concerning taxation. Corporations want taxation on competing products and industries, government officials often need more taxation to cover rising expenses, and the public would rather taxes be levied on anyone but themselves. Balancing these opposing factors, along with elected officials’ desire for reelection, results in a myriad … Continue reading Florida’s Tourism Development Tax
By Matt Kelly A battle over railroads is underway in the Sunshine State. Activists in Florida have stridently protested All Aboard Florida (AAF), which will launch the United State’s first privately funded and operated intercity rail service in over 50 years. AAF’s opponents strongly doubts the enterprise’s financial viability. Generally, rail services across the country … Continue reading Is Florida All Aboard for Intercity Railroads?
Original post date: October 10, 2014 Article by: Ben Douglas Uber CEO Travis Kalanick recently released his vision for the future, touting “a million fewer cars on the road,” along with reduced congestion, emissions, and DUIs. If this vision is realized, in combination with an aging driving demographic and the rise of driverless cars, it … Continue reading The Changing Landscape of Urban Transportation
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?