Portland’s Mayor Hates His Constituents and Wants Them to Have Less Consumer Choice

That's the only conclusion one can draw after reading this: Uber reached an agreement with Portland to suspend operations in the city for three months while regulators work to revise rules around taxis that currently prohibit ridesharing apps. The city agreed to let Uber resume operations after three months whether or not new regulations have …

Uber-Craziness

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 …

“No Consumer Choice, Please. We Are French.”

Another day, another report about how taxicab cartels are scared of competition: Uber's low-cost ride ride-hailing service will be banned in France from the start of next year, the government said Monday as hundreds of taxi drivers blocked roads around Paris to protest what they claim are its unfair business practices. A new law tightening …

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 …

No Consumer Choice, Please. We’re Coloradans.

It turns out that if you use Uber in Colorado, you might have the car you're riding in pulled over. You might have your own license examined by police (remember, you are a passenger, not a driver), you might be placed in danger, and you might have to deal with a police officer who doesn't …

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: …