The University of Florida has been given permission to hire "100 faculty members to fill new positions it will create as part of a push to join the nation’s top 10 public research institutions," The Chronicle reports. [HT Pete Boettke] According to the university, the main fields targeted for expansion "are life sciences, massive data, cybersecurity, Latin American development." Given demographics and geography, the first and last of these priorities make eminent sense, of course. (I ignore here the non-trivial issue to what degree Florida should be investing in higher education rather than, say, in K1-12.)
Now, earlier in the year this very same university made national headlines by acknowledging that it is basically terminating its PhD program in economics. Given that "massive" data-mining is increasingly taking over economics, there is some logic in this decision (recall and here, here). But before any philosopher has misplaced schadenfreude over the demise of the once-imperial human science in the face of market-forces, it is worth noting that the economics department was "offered the opportunity to move to the College of Liberal Arts and Sciences but opted to remain within the business college and become smaller." One wonders what is known about the investment priorities of the Gator's college of LAS. For more on the internal political economy at UF called "responsibility-centered management", see here.