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
By Leesa Newbon and Giovanna da Silva Transparency and government accountability are considered essential components to maintaining a healthy democracy and reducing corruption. With the rise of technological advancements in the digital media era, entrepreneurs can facilitate demands for transparency by developing online programs and apps that allow citizens to monitor government institutions and agencies. … Continue reading Entrepreneur Develops Technology to Monitor Police Interactions
By Matt Kelly The so-called “sharing economy” has revolutionized the way people travel, lodge, eat, and work through companies such as Uber, Lyft, Airbnb, and OpenTable. Buyers and sellers are increasingly transacting on online platforms that use a mix of demand pricing, reputation mechanisms, and computer algorithms to match users. This innovation represents a dramatic challenge … Continue reading Regulators Adapt to the Sharing Economy
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 Katie Dawson Last month, the DeVoe L. Moore Center had the opportunity to co-sponsor a one-day conference with the Foundation for Economic Education (FEE) at Florida State University. FEE is an organization dedicated to educating individuals on free-markets and economics in a way that is both easily digestible and interesting. On February 28, their … Continue reading FSU Students Learn about Emerging Sharing Economy
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: 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?
Original post date: February 06, 2014 Article by: Anonymous Solar powered homes are becoming increasingly ubiquitous as US citizens move toward more environmentally sustainable ways of using energy. In 2013 rooftop solar systems were being installed at a rate of one new installation every 4 minutes. Although the Obama Administration is pushing for public and … Continue reading Solar Energy Users Left in the Dark by Utilities
Original post date: November 25, 2013 Article by: Ben Douglas 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 preferred the bus or metro over other transportation alternatives, and if it … Continue reading Transit as an Inferior Good
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?