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
FSU’s CARE Program Combat First-Generation Student Dropout Rates
By: Shayna Cohen Students in American colleges and universities that identify as first-generation, minority, and/or low-income are at a higher risk to drop-out of college. The consequences of higher drop rates include lost consumer spending and savings, increases in the national debt, and a less-educated workforce. Students who graduate from college tend to earn more … Continue reading FSU’s CARE Program Combat First-Generation Student Dropout Rates
Time to Revisit Private History of Mass Transit
By Giovanna Da Silva Tallahassee’s public bus transportation system, Starmetro, has been the subject of criticism among community members who use the buses. With a 3.0 star rating (out of five) on Google reviews, many complain about the poor quality of service, lack of cleanliness, tardiness, and limited bus routes and times. Complaints about public … Continue reading Time to Revisit Private History of Mass Transit
Is Open Enrollment Effective Market-Based Education Reform?
By Andrea Medici Since the 1950s school choice has been implemented in many forms to support the education system in the United States. Open enrollment is one such approach that requires school districts to enroll students who reside in other districts. This is a particularly pertinent subject to Florida as the 2017-18 school year marked … Continue reading Is Open Enrollment Effective Market-Based Education Reform?
How Technology is Enabling a Revolution in Effective, Efficient Self-Regulation
By Maia Hass As the world becomes more technologically advanced, the online peer-to-peer sharing economy grows with it. In the last decade, digital platforms such as Airbnb, VRBO, and HomeAway have introduced more personalized lodging options. However, the unique features associated with these platforms have raised concerns among consumers and legislators about the lack of … Continue reading How Technology is Enabling a Revolution in Effective, Efficient Self-Regulation
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
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
New Study Explores Crony Capitalism in Florida
A new study published by The James Madison Institute by DeVoe L. Moore Center Policy Analyst Matthew Kelly and Center Director Samuel Staley explores two examples of crony capitalism in Florida's government policy: sports stadium subsidies and film tax incentives. The authors urge Floridians to remain vigilant over the spending of their tax dollars by government … Continue reading New Study Explores Crony Capitalism in Florida
Preparing Florida’s Government Policy for The Next Big Hurricane
by Chad Thomas Political and economic conditions in New Orleans before 2005 left the city unprepared for Hurricane Katrina. The government bureaucracies responsible for levee maintenance were mismanaged and corrupt officials diverted needed funds. Weak economic performance before Katrina also set up affected areas for slow recovery afterward. New Orleans’ experience shows how government can … Continue reading Preparing Florida’s Government Policy for The Next Big Hurricane
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
Despite Problems, Florida’s Qualified Target Industry Tax Refund is Best Performing Incentive
By Marisa Lupica The Qualified Target Industry (QTI) tax refund is offered to attract high wage jobs in target industries to Florida. The program is administered by the Department of Economic Opportunity, Enterprise Florida, Inc. (EFI), and the Department of Revenue. Among Florida’s tax incentive programs, QTI is the largest and has the highest return … Continue reading Despite Problems, Florida’s Qualified Target Industry Tax Refund is Best Performing Incentive
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?
Measuring Success and Failure in Public Transportation: The Case of Sunrail
By Santiago Arango In May, SunRail, Orlando’s commuter rail system, celebrated its first year of operation and was awarded a $93 million federal grant. Phase II of SunRail’s construction will add four more stations and 17.2 miles of rail into neighboring Osceola County within two years. Orlando is the 4th fastest growing city in … Continue reading Measuring Success and Failure in Public Transportation: The Case of Sunrail
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
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
New Study Sheds Light on Property Taxes in Florida
By Matt Kelly A new study by DeVoe Moore Eminent Scholar Keith Ihlanfeldt and economist Kevin Willardsen explores property taxes in Florida. The authors challenge the conventional wisdom that governments only consider the “public interest” when writing their budgets and setting tax rates. With property taxes accounting for 31% of Florida’s total revenues, understanding how … Continue reading New Study Sheds Light on Property Taxes in Florida
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