There has been a fair bit of discussion over the Ocker court decision re Uber and their dishonest ways. In many countries, including Oz and New Zealand, Uber came in and set up illegal operations. In New Zealand they put anyone who wanted a go on their books. At that time New Zealand had rather […]
Uber
Tullock Lecture: Richard Epstein
20 Dec 2018 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, economics of regulation, industrial organisation, labour economics, labour supply, law and economics, occupational choice, occupational regulation, politics - USA, poverty and inequality, property rights, Public Choice, rentseeking, Richard Epstein, survivor principle Tags: employment law, employment regulation, Uber
@SenSanders loving Big @Uber patron denounces #Uber
25 Aug 2018 Leave a comment
in economics of regulation, politics - USA Tags: regressive left, taxi regulation, Uber
The Fall of New York City’s Taxi King
27 Jun 2018 Leave a comment
in applied price theory, economics of regulation, Public Choice, rentseeking Tags: creative destruction, taxi regulation, transitional gains trap, Uber
How Uber destroyed the NYC cab market
12 Jun 2018 Leave a comment
in applied price theory, economics of regulation, occupational choice, Public Choice, rentseeking Tags: taxi regulation, Uber
Uber-Losers: NYC Taxi Medallion Owners Are Screwed
27 May 2018 Leave a comment
in applied price theory, economics of regulation, politics - USA, Public Choice, rentseeking Tags: creative destruction, taxi regulation, transitional gains trap, Uber
How to Calculate the Gender Pay Gap: The case of Uber
26 May 2018 Leave a comment
in applied price theory, discrimination, gender, labour economics, transport economics Tags: gender wage gap, Uber
Uber: Revolutionary but Controversial – (The Story of Uber)
30 Mar 2018 Leave a comment
in economics of bureaucracy, entrepreneurship, industrial organisation, Public Choice, rentseeking, survivor principle, transport economics Tags: creative destruction, taxi regulation, Uber
How will ride-sharing shape the future of transport?
17 Jan 2017 Leave a comment
in entrepreneurship, industrial organisation, survivor principle, transport economics Tags: creative destruction, Uber
#Uber and creative destruction in The Knowledge
21 Sep 2016 Leave a comment
in economics of regulation, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction, entrepreneurial alertness, taxi regulation, Uber
I used Uber for the first time over the weekend. My car was towed away and a friend had the app on his phone. We used it to go to the tow away yard to pay the $275 release fee.
One of the things I noticed was the the driver could immediately use his GPS because it was pre-programmed by the booking.
When you book a regular cab, they do not know where you are going until they arrive. This is to stop drivers avoiding picking up short trips. It also means that they must know where they are going rather than waste time programming the GPS. Prior to the GPS, they simply had to know where everything was.
The Knowledge, knowledge of London streets necessary to qualify for a black cab License is so difficult that neurologists study the brains of black cabdrivers to see how they are different from others in memory capacity.
Uber destroyed the Knowledge in a wave of creative destruction by linking the app booking request to GPSs. No diver needs to know where anything because the destination and pickup points are both pre-programmed into their GPS.
Creative destruction in top ICT company pay
05 May 2016 Leave a comment
in human capital, industrial organisation, labour economics, labour supply, occupational choice, survivor principle Tags: Apple, CEO pay, creative destruction, entrepreneurial alertness, Facebook, Google, Microsoft, superstar wages, superstars, top 1%, Twitter, Uber, Yahoo
I am surprised to see that Yahoo is in business much less competing for top talent. Microsoft is in decline too. Apple does not pay people as much as everybody else.
Source: Paysa Company Rank | Paysa.
Some other colours seem to duplicate so you will have to work out which is which by when they exploded in hiring top talent.
Why taxi drivers are suddenly getting nicer?
07 Jan 2016 1 Comment
in applied price theory, economics of regulation, rentseeking, transport economics Tags: creative destruction, taxi regulation, Uber
Where I live, taxis suddenly starting texting to say they are five minutes away or outside.
Source: Why taxi drivers are suddenly getting nicer – The Washington Post
Utopia, you are standing in it! 
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