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City Hall and Uber Clash in Struggle Over New York Streets

3 点作者 kanamekun将近 10 年前

1 comment

davidf18将近 10 年前
The mayor claims to be a man of the people but really he is representing Taxi fleet owners with their $1 million <i>per taxi</i> medallions over the needs of people who want to work as drivers and other people who want to hire the Uber Cabs.<p>Basically, the mayor is supporting using politics to continue the market inefficiency where politics originally limited the number of Taxi medallions (Microeconomics term is &quot;rent seeking&quot;). Thankfully, Uber and others had a mechanism to undermine that market inefficiency, the rent seeking. Now the Mayor wants to introduce yet more politics to create market inefficiencies for the multi-million dollar fleet owners.