By Matt Kelly As Uber, Lyft and other “ridesharing” services continue to revolutionize the urban transportation landscape, more complaints are surfacing questioning the efficiency and fairness of the innovative services they provide. One of the more recent is “surge pricing,” the idea that services provided during peak periods carry a higher charge or fee. A … Continue reading New Study Tests the Merits of Surge Pricing
The Changing Landscape of Urban Transportation
Original post date: October 10, 2014 Article by: Ben Douglas Uber CEO Travis Kalanick recently released his vision for the future, touting “a million fewer cars on the road,” along with reduced congestion, emissions, and DUIs. If this vision is realized, in combination with an aging driving demographic and the rise of driverless cars, it … Continue reading The Changing Landscape of Urban Transportation
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 very cities it is intended to save. Adam Smith’s entire concept of an “invisible hand,” … Continue reading Go Green, Don’t Expand Transit