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Re:Uber Makes Economists Sad by OrwellianChild on Thursday July 10, 2014 @01:53PM (#8016064)
You're attempting to compensate for an external inequity (some people are rich, some for reasons not pertaining to their own merit) by reducing the availability of a scarce resource in favor of mandating a free-for-all that will occasionally benefit a lucky lower income individual.

This is, unfortunately, one of the most inefficient and expensive ways to institute social reform. It is also being applied to a system for which there is also a far more regulated counterpart in the taxi system. Except, guess what? Dispatch says you won't be getting a cab for hours because they're already booked.

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