Monthly Archives: November 2013

Transit as an Inferior Good

Original post date: November 25, 2013 Article by: Ben Douglas Mass transit is frequently accompanied by mass-subsidization, cartelization, and monopolies. This chronic need for artificial support might be an indication of its inherent inferiority as an economically valued good or … Continue reading

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Customers Rise Up to Support Taxi Innovator

Original post date: November 19, 2013 Article by: Ben Douglas Finding a more textbook example of regulatory capture than the taxicab industry is difficult, as the case of the innovative on-demand taxi service Uber clearly demonstrates. Despite the highly regulated … Continue reading

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Entrenched Interests Fight Innovation in Taxi Industry

Original post date: November 19, 2013 Article by: Ben Douglas A revolutionary new smartphone app is changing the nature of the taxicab business, but stiff opposition from entrenched taxi companies risks keeping their innovations from benefiting customers. Uber is a … Continue reading

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Equal Access to Transportation, a Right?

Original post date: November 06, 2013 Article by: Anonymous Ray LaHood, the recently retired secretary of the Department of Transportation, said that equal access to transportation is “one of the most fundamental of American rights.” Mobility is a crucial aspect … Continue reading

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Go Green, Don’t Expand Transit

Original post date: November 04, 2013 Article by: Ben Douglas The careful application of economics to policy reveals a host of ironies. Minimum wages create unemployment among the very unskilled laborers policymakers intend to help. Rent control destroys housing in the … Continue reading

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