Posted tagged ‘Rideshare Services Uber and Lyft’

Must Reads For The Week 8/16/14

August 16, 2014
The pen is mightier than the sword...

 The pen is mightier than the sword… (Photo credit: mbshane)

Institute For Justice Takes On Unconscionable ‘Forfeiture Machine,’ That Turns Cops And Prosecutors  Into Robbers, by Mark J. Perry, at aei-ideas.org. People get worn down by the States bureaucratic maze and deep pockets. People who haven’t committed a crime give up rather than continuing the fight. This is another example of the break down of the rule of law.

Support Shaneen Allen, at economicpolicyjournal.com. Shaneen Allen got a concealed carry permit in Pennsylvania because she got robbed twice last year coming home from work. After getting pulled over in New Jersey for a traffic violation, she told the officer she had a concealed carry permit and a gun, not knowing the Pennsylvania permit wasn’t recognized in New Jersey. She now faces three years in prison. The Judge, and the cop, told her telling the truth got her in trouble. The moral of the story: Don’t volunteer information to cops, it can and will be used against you.

US Postal Service: Over $47 Billion In Losses In The Past Decade And Counting, at zerohedge.com. “Neither snow not rain nor heat nor operating in the red…..” Even though the Post Office is a Government agency, it is an example of how a crony capitalist business works. It generates revenue, but not enough to cover it’s costs and therefore must be subsidized by tax payers. Where as the Post Office started as a Government agency, a crony capitalist business starts as a free market entity and lobbies government for help via subsidy and regulation.

Creating Disrespect For The Law, by Milton Friedman, at libertypenblog.blogspot.com. This short video is from Milton Friedman’s 1980 Free To Choose series on PBS. The last half of the  video about the lady starting her own mail delivery service is interesting considering the above article.

District Drops Federal Lunch Program, by Jessica Brown, at cincinnati.com. The Federal Government gets people addicted to federal money just like a drug pusher gets someone addicted to heroin. Fort Thomas Independent schools in Kentucky was able to kick the heroin addiction. The lure of federal tax dollars is too tempting for most school districts to resist.

Remember When Obama Promised He Would Not Take Vacations If Elected President, youtube video. I don’t have any problem with Presidents, congressmen, and senators taking vacations. In fact, I wish all of them would take a 365 day vacation every year. No laws would get passed which means we would not loose anymore freedom, resulting in the country functioning better. This video also shows it’s easier being a candidate for President, than actually being the President.

NYC Taxi Medallion Prices Have Flat Lined For The Last Year, ‘ The Uber Effect‘, by Mark J. Perry, at aei-ideas.org. Competition from ride sharing services, Uber and Lyft, is breaking the Taxi Cartel in NYC.

Markets In Everything: A Sharing Service Like Lyft for Moving, by Mark J. Perry, at aei-ideas.org. Buddytruk provides a moving and hauling service using the same concept that Lyft and Uber use in providing ride sharing services.

Renewable Energy Is Not Working, by Matt Ridley, at rationaloptimist.com. Renewable (green) energy, even with subsidies, is more expensive and less reliable than carbon based fuels. Government tax payer subsidies are the only thing that is keeping this uneconomical idea propped up.

The Welfare State Summarized In One Cartoon, at zerohedge.com. Will the producers be able to keep pushing more and more people uphill?

https://i1.wp.com/www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/08/20140812_welfare.jpg

Must Reads For The Week 4/12/14

April 11, 2014
The pen is mightier than the sword...

 The pen is mightier than the sword… (Photo credit: mbshane)

Equal Occupational Fatality Day Will Occur On December 20 2023, by Mark J. Perry, at aei-ideas.org. When it comes to work related deaths, a huge gender gap exists that needs to be addressed. Women earn only 7.7% of the fatalities on the job, compared to the 92.3% of the fatalities that men collect. Why aren’t women’s rights groups and opportunistic politicians screaming for equality in this area?

The Value Of A Taxi Medallion In NYC Has Increased 5X Faster Than The S&P 500, by Mark J. Perry, at aei-ideas.org. It’s simple supply and demand. When supply is restricted it makes a scarce resource artificially more scarce. The price has to go up in order to ration the scarce resource. Quote from the article, “In fact, there are fewer NYC taxi medallions today (13,605) than there were in 1937 (16,900) when the medallion system first created the NYC taxi cartel.” Ultimately the free market rides to the rescue of the consumer. Read this quote, “… the app-driven ridesharing genie is out of the bottle” and too many consumers in too many cities have “gotten a taste” of the convenience and affordability of ridesharing services like Uber and Lyft, and they’ll never want to go back to the traditional taxi cartel model….”

Former Obama Girl Finds The Light, by Chris Rossini, at economicpolicyjournal.com. I’ve found that many young people are starting to naturally move toward the libertarian ideology. This is good news because young people have more energy, are more tech savvy, and aren’t as risk averse compared to us older people. They will lead the way toward individual freedom and away from big government. Our job is to mentor them, not tell them what to do.

Is Paul Krugman The New Economic Adviser In Rahmaland? at economicpolicyjournal.com. Funny video about the economic benefits of not fixing potholes. It is a version of the broken window fallacy.

Consumer Spending “Recovery” Stalls As Pent Up Demand Fails To Appear, at  zerohedge.com. When will we learn that in an unhampered free market, spending {consumption} doesn’t create wealth, stimulate production, or make an economy grow. Spending {consumption} can only happen as a result of production. You can’t consume something that hasn’t been produced. In a hampered market counterfeiting money can bring about consumption before production. But ultimately counterfeiting destroys wealth, misallocates scarce resources into areas of production that can’t be sustained, and slows or shrinks economic growth.

The Game Is Up For Climate Change Believers, by Charles Moore, at telegraph.co.uk. People are starting to see through the man-made global warming hoax.

I saw these cartoons at theburningplatform.com.

146504 600 How To Deter Putin cartoons

146712 600 Saving for Retirement cartoons