Why Economists Love Uber (And Bernie Should, Too)Guest Post
Why Economists Love Uber (And Bernie Should, Too) by Corey Iacono, Foundation For Economic Education
Curb Your Regulatory Enthusiasm
Over the summer of 2015, senator and presidential candidate Bernie Sanders said that he had “serious problems” with ridesharing company Uber because it was “unregulated.”
Indeed, Uber is relatively unregulated in comparison to traditional taxi services. Economists Judd Cramer and Alan B. Krueger note,
In many jurisdictions . . .
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