There’s also evidence that sports betting provides a consumption benefit to people, meaning they enjoy the act of betting even if they don’t expect to win. Fining or throwing people in jail for doing something they enjoy that doesn’t directly harm anyone else seems like a poor use of scarce police resources. For these reasons, even though legalizing sports betting is bad tax policy, it’s still a good idea.
Florida lawmakers did not boost their incomes while in office. Serving as chamber or party leader, or holding a seat on a prestigious committee, did not change income. In fact, being appointed to the Rules Committee — a stepping stone to become a future House leader — reduced income.
When Hurricane Maria became a threat to Puerto Rico, Bridget’s deployment was extended and she became the Deputy Air Operations Director for the largest Air Operations section in U.S. history – ten months after graduation. She coordinated Federal, State, and local resources for six weeks after Maria, including over 120 aircraft.
Among ageism’s most significant social consequences is its pitting of the young against the old – the two most vulnerable age segments of our population. This strategy deflects our attention from the deep economic divide that profoundly shapes how our entire lives unfold.
Tallahassee is not immune to this contested mode of economic production. The Gaines Street corridor, itself a site of gentrification and urban renewal, has become a key area of residential and commercial development and, presumably, an economic driver for the city.
This piece first published on the IMF blog (November 9, 2017). Roads or schools? It’s a question akin to the “guns or butter” choice that governments around the world confronted in the 20th century: How to spend a nation’s finite resources to produce the maximum benefit for its people. In our recent IMF Working Paper, we find …
Market pricing for parking is no longer the pie-in-sky theory of economics textbooks. The technology exists to charge for parking on a real-time basis. Harnessing this technology to manage supply and demand more effectively will ensure that parking exists at peak periods for those willing to pay for accessibility, while creating a sustainable revenue stream for transportation facilities.
Our work raises some cautionary notes. As the composition of the media landscape continues to evolve, changes in how outlets cover important political issues may also have repercussions for the quality of our ongoing national conversation. Similarly, our findings appear to be in line with the notion that coordinated campaigns pushing misinformation (whether through established news outlets or newly invented ones) can have a surprisingly large impact in this era of online media consumption.
This piece first appeared in Forbes (November 22, 2017). Americans consume a lot of sodium, and many doctors believe it would do us good to cut back on the salt. The recent debate over federal tax reform has highlighted a different kind of salt that we should also cut: the state and local tax (SALT) deduction. Many …
The 2017 hurricane season is certainly one for the record books. The records will be examined for additional clues about what might happen in the future.