By: Ethan Forberg Florida parents and students now have more control over where they want to attend school. The March 2023 signing of House Bill 1 (HB-1) means more families have access to school vouchers and fewer families will be constrained to traditional school district boundaries. Specifically, HB-1 eliminated the income requirements for school vouchers, … Continue reading School Choice and Charter Schools: Are Florida Children Prepared for their Futures?
Charter Schools Outperform Traditional Public Schools in STEM Subjects
By: Lauren Winslow The availability of school options in a given location significantly influences home purchases. In 2021, approximately 13% of all homebuyers in Florida reported that the quality of the school district was a factor in choosing the location of their future home. The passing of House Bill 1 (HB-1) expanded school choice to … Continue reading Charter Schools Outperform Traditional Public Schools in STEM Subjects
The Lack of Nuisance Laws in South Florida Sugarcane Farming
By: Mae Baltz In 2021, the United States produced over 33 million tons of sugarcane, with a majority of the crop harvested in the fields of Belle Glade, Florida. The city has a median household income of $28,028, with the sugar industry as one of its largest employers. As such, many of the Glade’s citizens … Continue reading The Lack of Nuisance Laws in South Florida Sugarcane Farming
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?
Expanded Voucher Programs May Lead to Greater Neighborhood Diversity
By Danielle Waidley Florida Gov. Ron DeSantis signed legislation (H.B. 7045) greatly expanding Florida’s already pioneering school choice programs at the end of the state legislature’s 2021 session. This expansion will likely be a boon for parents and children looking for alternatives to conventional public schools. But more attention should be given to another unintended … Continue reading Expanded Voucher Programs May Lead to Greater Neighborhood Diversity
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
Financing America’s Colleges: The Reality of Pell Grants
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
Entrepreneurs Create Wealth that Builds Civil Society
By Giovanna da Silva On March 4, Whole Foods CEO John Mackey led a discussion on social entrepreneurship at LibertyCon, an international pro-liberty student conference hosted annually by Students For Liberty in Washington DC. Mackey detailed his political and business journey from being the owner of a small organic food store to heading one of … Continue reading Entrepreneurs Create Wealth that Builds Civil Society
Gentrification in Frenchtown: A Nuanced Perspective
By Jordan Greer Gentrification has been contentious since British sociologist Ruth Rich coined the word in the 1960s. Rich used the term to describe the process of wealthy citizens, landlords, and developers moving into British working class neighborhoods and renovating the area. This process of redevelopment, she argued, drove up the costs of housing and … Continue reading Gentrification in Frenchtown: A Nuanced Perspective
Why the U.S. Should Adopt the Nordic Approach to Private Roads
By Giovanna da Silva Many view the United States as a free market capitalist state and Nordic countries such as Sweden and Finland as socialist due to their extensive welfare system. Yet, in the United States, most roads, highways, and other transportation infrastructure are publicly owned and operated. Meanwhile, the vast majority of roads in … Continue reading Why the U.S. Should Adopt the Nordic Approach to Private Roads
Middle Eastern Entrepreneurs Face Regulatory Hurdles
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
Property Tax Appeal Process Benefits Wealthy, Non-minority Homeowners
Property taxes in Florida are based on annual assessments of property values made by county officials. Homeowners in Florida can challenge assessments that they believe overvalue their property and inflate their tax bill. Informally, the homeowner may meet with the assessor to negotiate for a reduced assessment. The homeowner may also petition for a formal … Continue reading Property Tax Appeal Process Benefits Wealthy, Non-minority Homeowners
Defunding Florida’s Film Industry Incentives was Example of Evidence-Based Policy
By Marisa Lupica and Matt Kelly States have been competing fiercely for movie productions with tax incentives since the early 2000s. Such incentives include cash grants, income tax credits, sales tax rebates, or payroll tax credits. Today, 37 states offer tax incentives for film productions. However, recent economic research shows that film tax incentives fail … Continue reading Defunding Florida’s Film Industry Incentives was Example of Evidence-Based Policy
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
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
New Study Examines Spillover Effects of Real Estate Owned Properties
Since the housing market collapse, banks have repossessed large numbers of homes. These REO or real estate owned properties are often vacant and rundown and can lower the values of nearby residences. While research confirms this spillover effect of REOs on other properties, few studies have evaluated its relative magnitude in different neighborhoods. DeVoe Moore … Continue reading New Study Examines Spillover Effects of Real Estate Owned Properties
Local Government Revenue Indicates Sluggish Recovery for Florida’s Businesses
By Benjamin Petersen and Matthew Laird Revenue collected by Florida’s local governments has grown dramatically in the last few decades, raising the importance that Floridians have an accurate understanding of how our governments raise and spend taxdollars. Revenue collected by local governments from permits, fees, and licenses is of particular importance for Florida’s business and … Continue reading Local Government Revenue Indicates Sluggish Recovery for Florida’s Businesses
Tourism Vital to Florida’s Economy
By Erick Winterkamp Florida is known around the world for its white sandy beaches, diverse wildlife and theme parks. These environmental and manmade attractions make it a hotspot for domestic and international tourism. State and local taxes and spending have impacted the tourism industry, but Florida would likely be a tourism destination with or without … Continue reading Tourism Vital to Florida’s Economy
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
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 Facing the Wrong Direction on Immigration Reform
By Selene Capparelli The US immigration system has been badly broken for many decades. Mass deportation, enhanced border security, and keeping undocumented workers in perpetual illegal status have been proven to be very costly and ineffective methods to handle the constant influx of new immigrants.These policies result in hundreds of border-crossing deaths each year, abject … Continue reading Florida Facing the Wrong Direction on Immigration Reform
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
Occupational Licensing For Florida’s Barbers Does More Harm Than Good
By Jamaal Gill The rise of occupational licensing has become a major concern to Florida’s businesses. These regulations affect everyone from doctors to restauranteurs; barbers to financial advisors. The main justifications for occupational licensing are the promotion of consumer welfare, public health, and a higher quality service. However, in many professions, occupational licensing keeps … Continue reading Occupational Licensing For Florida’s Barbers Does More Harm Than Good
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
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
Overbearing Licensing of Farm Labor Contractors
Original post date: September 25, 2014 Article by: Dan Davy According to a recent Institute for Justice study, Florida has the fourth most burdensome occupational licensure laws in the nation. One of the many occupations Florida licenses is farm labor contracting. A farm labor contractor is anyone who employs other farm workers for a third party or furnishes employees … Continue reading Overbearing Licensing of Farm Labor Contractors
Taxes, Inequality, and Business Climate
Original post date: September 19, 2014 Article by: Dan Davy Today, states are left with a difficult choice between maintaining revenue growth and providing a competitive business climate. Taxes that promote the most competitive business climates tend to be less progressive and have lower growth rates. Standard and Poor’s (S&P) released a new report finding that states … Continue reading Taxes, Inequality, and Business Climate
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?
Transit as an Inferior Good
Original post date: November 25, 2013 Article by: Ben Douglas 6/6/2023 Edits: Some links that were no longer working have been fixed. Mass transit is frequently accompanied by mass-subsidization, cartelization, and monopolies. This chronic need for artificial support might be an indication of its inherent inferiority as an economically valued good or service. If consumers … Continue reading Transit as an Inferior Good
Preliminary Prices on Obamacare Exchanges Exceeds Estimates
Original post date: October 30, 2013 Article by: Anonymous Now that October 1 has passed, the online marketplaces for health insurance under Obamacare are open for business. Individuals are free to browse the site and choose any policy available to them after answering some questions and being guided through their options. So far, site traffic … Continue reading Preliminary Prices on Obamacare Exchanges Exceeds Estimates
Florida Does Not Need More Corporate Welfare
Original post date: March 27, 2013 Article by: Anonymous 5/8/2023 Edits: Some links that were no longer working have been fixed. Even amongst fiscal conservatives, the argument is often made that the public funding of sports stadiums is justified because of the economic benefits they bring to their communities. According to TBO, the state senate … Continue reading Florida Does Not Need More Corporate Welfare
Buildings Don’t Create Permanent Jobs
Original post date: March 22, 2013 Article by: Sam Staley 5/8/2023 Edits: Some links that were no longer compatible have been fixed. Gaines Street is the "it" place for Tallahassee's economic redevelopment initiatives, skirting the northern edge of the southern border of the Frenchtown/Southside Community Redevelopment Area. With large new projects going up along the … Continue reading Buildings Don’t Create Permanent Jobs
The Pope, Entrepreneurship, and Human Dignity
Original post date: March 20, 2013 Article by: Sam Staley 5/8/2023 Edits: Some links that were no longer working have been fixed. The new Pope may be more sympathetic to entrepreneurship as a way to alleviate poverty than previous pontiffs. He seems to understand that individual freedom and liberty are essential to creating wealth, and … Continue reading The Pope, Entrepreneurship, and Human Dignity
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?
Municipal Pension Forcing Florida Over a Fiscal Cliff
Original post date: October 05, 2012 Article by: Anonymous 5/8/2023 Edits: Some links that were no longer compatible have been fixed. Florida public pension programs have become a cause for concern in recent years, and the debate just ramped up with the publication of a new report by Florida State University’s Leroy Collins Institute. Florida … Continue reading Municipal Pension Forcing Florida Over a Fiscal Cliff