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

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.

from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/07/15/proof-that-uber-adds-economic-value-nyc-credit-unions-go-bust-over-taxi-medallion-price-slumps/
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