To protect the environment, the way forward is through the promotion of markets and innovation, including the sharing economy, which can solve the problem far more effectively than state regulation.
Last month, I wrote a post that asked whether Manhattan should tax ride-shares, tax all vehicles, do something else, or do nothing at all. And you had some ideas about that. Below, I have tried to combine your answers (I got nearly 30) into a manageable set of categories. Responses were about evenly split among […]
Charging “prices” does not a market make.
To see the sharing economy as merely “cheaper taxis and cheaper hotels” is to miss the point entirely.
Last night, millions of movie buffs, entertainment fiends, and celebrity gawkers from across the globe tuned in for the Oscars. While a few of us aficionados waited with bated breath for the announcement of Best Live-Action Short (Timecode was robbed!), for many viewers the awards ceremony isn’t the main event: The red carpet is what […]
Airbnb is now facing greater opposition in New York thanks to a recent bill signed by Governor Andrew Cuomo which bans advertising of short-term rentals.
This week Apple released its iPhone 7, the latest tech marvel from Silicon Valley, which has enjoyed relative freedom from government regulation. In contrast, the healthcare industry, which is controlled by countless regulations and edicts, is floundering. Premiums are expected to rise by double-digits again next year, a problem that was supposed to be solved by […]
The English poet John Donne once wrote that “no man is an island.” It often feels quite the opposite what with the ever increasing technological advances made and the preoccupied-with-our-phone age we find ourselves in. Yet, the same technology that sometimes feels divisive is actually one of the best ways to stay connected. (Think Pokémon Go). The […]
In order to run a taxi in New York, you need a medallion. Because the number of medallions is restricted by the government (artificially restricting the supply, and thus, competition), getting your hands on a medallion can be extremely expensive. As Bloomberg Business explains: “To own a cab in New York, you need a medallion—a […]
Earlier this year, I was making travel arrangements for a trip to Charleston. I booked my flight and hotel, and was about to book a rental car when I thought “wait a second. Charleston has Uber, doesn’t it?” It does, and I took UberX—the service that allows anyone who meets Uber’s requirements to drive for […]