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

Florida’s Tourism Development Tax

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

Fix the FRS Before It Breaks

By Randall G. Holcombe, Ph.D. In a recent blog post I argued in favor of shifting the Florida Retirement System (FRS) that provides pensions for retired state workers to a defined contribution system, and privatizing the system. Governor Scott and many legislators favor the shift to a defined contribution system, and because many private companies … Continue reading Fix the FRS Before It Breaks

Privatize the Florida Retirement System

By Randall G. Holcombe, Ph.D. Over the past few years both Governor Scott and several members of the Florida legislature have been pushing the idea of transforming the Florida Retirement System (FRS), which pays pensions to retired state workers, from a defined benefit system into a defined contribution system.  A defined benefit system, which covers … Continue reading Privatize the Florida Retirement System

Florida Risks Government Shutdown

Florida’s legislature failed to pass a budget in this years legislative session. The House and Senate are opposed on major issues related to health care policy and medicaid expansion. Interested readers will want to visit the Beacon, the blog at The Independent Institute’s website, where DeVoe Moore Scholar Dr. Randall Holcombe posted a blog on … Continue reading Florida Risks Government Shutdown

The Foundations of Political Capitalism

By Matt Kelly Thomas Piketty’s Capital in the Twenty-First Century raised quite a stir last year among economists. Piketty identifies rising wealth inequality as inherent in capitalism, and recommends a worldwide wealth tax to temper its effects. Many have taken issue with Piketty’s data and analysis, and the idea that inequality is rising at all … Continue reading The Foundations of Political Capitalism

The Two Kinds of Capitalism

Original post date: February 12, 2014 Article by: Ben Douglas 6/7/2023 Edits: Some links that were no longer working have been fixed. The term “capitalism” is often thrown around in American political discourse without a specified or coherent meaning. Frequently in a debate, opposing parties will attack or defend their own perceived ideas of what … Continue reading The Two Kinds of Capitalism