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Ep. 4: Free Market Smashes the Government-Protected Taxi Industry

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During my trip to California last week, I had a few chance conversations with professional drivers regarding ride sharing services.  I spoke with a ride share driver and a taxi driver and it turned out they both left a little to be desired in the area of the basic principles of economics.  And while I didn’t act like a jerk and try to educate them on the subject, I feel my listeners could benefit from a brief discussion of how the unfettered free market is handling your needs in a far superior fashion than the government protected monopoly that is the taxi industry.  Have a listen and find out how the free market is crushing the government’s taxi industry.

References

How Capitalism Saved America: The Untold History of Our Country, from the Pilgrims to the Present


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