Proof That Uber Adds Economic Value – NYC Credit Unions Go Bust Over Taxi Medallion Price Slumps


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Of course, we have other ways of establishing that Uber is creating economic value–that millions are delighted to use the services is a good clue. But that taxi medallion prices are collapsing, lenders along with them, is proof that economic rents are being destroyed. Good.

Vía Forbes Real Time http://ift.tt/2v3VHs2