In which We Are Reminded that Raising the Minimum Wage Can Do More Harm than Good

Team Obama and the Democratic party like to cite Warren Buffett as an authority for the proposition that taxes have to be raised in order to address inequality in society; never mind the fact that the so-called "Buffett Rule" for taxes would work out rather well for Warren Buffett. I wonder what they will have …

Seattle, Meet Brussels. You Two Will Get Along Just Fine.

I suppose that I should look on the bright side in reading this story; maybe as a takeaway, I can be comforted by the fact that certain American cities don't have a monopoly on perpetrating outrages against their citizens and the free market. But I confess to believing that any such comfort is of the cold variety: …

Seattle’s City Council Fails Its Constituents

I don't know what possessed Seattle's city council to side with the taxicab cartel instead of siding with the residents of the city, but I do know that the move is utterly unjustified, goes against the interests of the residents of the city, and makes a mockery of free market competition. I can only hope …

Uber, Traditional Taxicabs and the Failure of Regulation

Read Larry Downes's comparison of UberX to a traditional metered cab, and you will readily understand why the following is happening: So traditional taxi and limo services are responding the only way they know how to—by using legal challenges and regulatory obstacles to block or even ban the services.  In some cities, including Portland and …