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
By Matt Kelly The ridesharing technology company Uber has created quite a controversy overthe past year for its unprecedented disruption of the traditional taxi industry. Users praise the California-based company for shorter wait times and cheap fares, along with features like its driver rating system. Given the mobile app’s popularity with customers, many are now … Continue reading Florida Legislators Seek To Clarify Ridesharing Regulations
Original post date: November 04, 2013 Article by: Ben Douglas The careful application of economics to policy reveals a host of ironies. Minimum wages create unemployment among the very unskilled laborers policymakers intend to help. Rent control destroys housing in the very cities it is intended to save. Adam Smith’s entire concept of an “invisible hand,” … Continue reading Go Green, Don’t Expand Transit
Original post date: August 15, 2013 Article by: Sam Staley Elon Musk unveiled his pneumatic tube inspired Hyperloop, a “fifth mode” of transportation that he hopes will revolutionize intercity travel on Monday. His “technical paper” sketches out the engineering and technical plausibility of the concept, and the proposal seems surprisingly robust as I point out … Continue reading Will Elon Musk’s Hyperloop Doom High-Speed Rail?
Original post date: November 29, 2012 Article by: Anonymous Despite all of the controversy surrounding the soundness of Florida’s public pension programs, a report by Jagadeesh Gokhale at the Cato Institute recognizes Florida as the number one state in terms of public pension plan health. This may be surprising due to all of the scrutiny Florida’s … Continue reading Florida’s Public Pension Funding #1