Will Wilkinson is quite right in stating that "[t]here’s something about Uber, the popular ride-sharing service, that brings out the nutty in people." And he is also quite right to mock those who call for "socializing" Uber. The complaints about surge-pricing automatically kicking in when Uber cars were in high demand during the hostage standoff in …
Your Non-Shocking News of the Day
Free market competition can lower prices and help consumers: In major cities throughout the United States, taxi medallion prices are tumbling as taxis face competition from car-service apps like Uber and Lyft. The average price of an individual New York City taxi medallion fell to $872,000 in October, down 17 percent from a peak reached …
Your Absolutely Non-Shocking News of the Day
Competition in the marketplace is a good thing! It’s like Uber, for economists. Simply click on the website of the Economic Experts panel hosted by the Initiative on Global Markets at the University of Chicago, and it will immediately summon an easily digested summary of the insights of mainstream economics into continuing political controversies. As …
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Uber and Micropolitics
Count me as one who is pleased to see the Republican party take the side of Uber, Lyft and other such services. It is certainly the right thing to do from a policy angle; there certainly needs to be more competition when it comes to limousine/taxi services, and companies like Uber, Lyft and Sidecar can …
Virginia Is for Cartels
Do you want there to be competition and diversity in limousine/ride-sharing/taxicab services? Do you live in Virginia? If the answer to both questions is "yes," then it sucks to be you. Of course, it shouldn't suck to be you, but this is what happens when government is too large and too powerful, and when it …
It Is 2013. Soon, It Will Be 2014.
I think that I and others can be trusted to make our own taxi choices without government interference and special interest rent-seeking. Don't you?
Pejman Yousefzadeh 