Taxi Cabs Can’t Go Bankrupt Too Soon!

Taxi cabs and their governments are acting criminally toward people who are willing to offer rides in their cars for a low price. You have a car but you are “between jobs” and are not making enough income to meet your expenses. So what do you do? One thing you might try is offering your services on the internet to people who want and need your services. If you have a vehicle, one obvious service you can offer is a ride in your car. Another person might have unexpected car repairs that leave Read more […]

A Court Declares an Amazing Ruling on Uber

Uber cannot be punished because the taxi industry is incapable of successfully competing with it. We expect everyone to hate Uber. Bernie Sanders hates Uber. Hillary Clinton hates Uber. A judge in California rules against Uber.  So when you hear that a judge in New York City has ruled on Uber, there is not much reason to be optimistic. But the court’s ruling was shockingly good! Crain’s New York Business reports, “Judge rules on taxi industry lawsuit: Compete with Uber or die.” A Read more […]

Confirmed: War against Ridesharing is War against Poor

Ridesharing is half as expensive and twice as fast. So politicians want to steal it from us. The study was paid for by Uber, so there will be plenty of denials. But the test looks valid to me: The design could hardly have been simpler; we sent pairs of riders to call for taxi service or use an app to summon UberX for travel along pre-planned routes. The riders recorded how long it took – starting from the moment of picking up the phone or opening the app – before they were actually in a car Read more […]

Just Say No to the Taxi Bailout

A New York City monopolist wants a taxi bailout because he is too big to fail. The great news here is that innovative technology led to legal loopholes that, for the first time in ages, brought competition to the taxi monopoly. As a result, we are about to see our first major failure of the old business. Thus, the New York Times reports, A medallion’s value is determined by the expectation of future taxi revenue. The real income generated by medallions is affected by competition from Uber, Read more […]

The Attack on Ridesharing Doesn’t Go Anywhere

Why the attack on ridesharing? Taxi Cab companies are corrupt monopolies that benefit a few in city government and a few who can pay off the city government and are putting transportation out of reach of the poor. So they attack competition. Naturally, a source of corrupt money attracts defenders. So we get this editorial in the Washington Post: “Who will win the ridesharing war? Probably not consumers?” Up until internet based ridesharing was started up, taxi cab companies had government-enforced Read more […]

Carpoolers Threatened With Vehicle Confiscation to Prop Up Taxi Cab Companies

This article caught my eye because it began with the case of Tesla Motors being attacked by state governments. The topic, however, is not automobile companies using government to hurt Tesla in the marketplace. Rather, it is another kind of anti-business crusade being launched by local governments to ruin new businesses in order to protect an older business. Now the same principle is being applied to stymie the emergence of another set of companies in the transportation sector — cloud-driven ride-sharing Read more […]