economy

One look at the Brazilian flag and you think: This must be a space-age, high-tech country. That star-spackled orb in the middle glowing like a planetarium. The banner wrapped around it hailing "Order and Progress." Engineers must be rock stars there, right?

Håkan Dahlström / Flickr

The line for the new Miami-Dade IKEA has been in place for two days and boasts tents, fans, and a lot of IKEA passion.

The Swedish store’s location, adjacent to Dolphin Mall in Sweetwater, will start selling it’s affordable, assemble-yourself, modern furniture. At 416,000 square feet, the store will be the second largest in the country and also have Florida’s biggest solar panel array on its roof.

Tony Grandson got to IKEA at 5 a.m. on Monday. As the first person in line of about 40 people, he has a chance to win bragging rights and a brand new sofa.

Daniel Reichert (Creative Commons License: https://creativecommons.org/licenses/by-sa/2.0/)

Miami’s post-recession recovery is going relatively well; Hialeah’s is not, according to a new study from WalletHub.

The company, which provides online financial analysis tools for individuals and small businesses, looked at 18 different metrics to develop their own recovery ranking: changes in home value, the poverty rate and the foreclosure rate, to name a few.

twitter.com/timharford

02/24/14 - Monday’s Topical Currents is with popular economist, journalist and broadcaster Tim Harford.  His book, THE UNDERCOVER ECONOMIST sold millions internationally.

North American Bitcoin Conference Comes To Miami

Jan 27, 2014
Hillary Lindwall/WLRN

Bitcoin users from around the world attended this year's North American Bitcoin Conference this past weekend at the Miami Beach Convention Center.

Moe Levin, who organized the conference, says attendance exceeded his expectations.

"I was expecting 800 people and now there are 1,200," Levin said. "It [was] a hugely successful Bitcoin conference."

Conference goers attended workshops held by Bitcoin-accepting and facilitating merchant vendors, like bitpay and 3DCart.  

WLRN's Five Most Popular Stories For Jan. 6-10

Jan 14, 2014
Jessica Meszaros / WLRN

This week's top attention-grabbing  stories include:  A proposal to add a Satanic statue in the Oklahoma Capitol, a Vero Beach company employing all-day surveillance of company smartphones and computers,  a free trolley giving locals access to Biscayne and Everglades national parks, and more.

Tom Hudson

Squeezed between South Florida's neighborhoods and the Everglades is a multi-billion-dollar-a-year industry. Tomatoes, beans and avocados all sprout from the rocky South Florida soil along with one of the largest nursery industries growing trees, shrubs and other landscaping plants.

Agriculture generates a direct $700 million dollars a year in Miami-Dade County alone. The economic impact of the plowing, growing and picking of those crops is much larger.

Brookings Institution

There are two basic realities about Cuba’s communist dictatorship that U.S. policy, and the anti-Castro hardliners that shape it, prefer to ignore. The first is that the Castro brothers will almost certainly die in power. The second is that market-oriented economic reforms, albeit tentative, are as much a part of Cuba’s landscape today as 1956 Chevrolets.

Gov. Scott's Top Business Recruiter Gets A Pay Hike

Oct 31, 2013
Rachel Morello

The outlook was largely positive as Governor Rick Scott, government officials and business leaders gathered in Coral Gables to discuss progress in boosting Florida’s economy.

The Oct. 31 gathering coincided with a board meeting of Enterprise Florida, the state’s public-private economic development agency.

Gov. Scott opened the discussion by praising both the public and private sectors for contributing to recent signs of economic recovery. He cited an increased focus on education and the addition of 365,000 private sector jobs since he took office.

tampabay.com

Florida’s Senate Gaming Committee held its first public workshop recently to hear local perspectives about the future of gambling in the state as well as the potential social and economic impact expanded gaming would have on South Florida.

Early last year, state lawmakers shot down a bill to allow major casinos in South Florida. But now they’re reconsidering that decision, and possibly changing other state laws on gambling --- and that has plenty of people concerned.

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