Comments on: Taxicabs vs. Uber in Chicago

By: Ron Miller

Ron Miller — Thu, 26 Feb 2015 16:10:17 +0000

The free market, using technology, just invented a better system. It is tough on whoever bears the brunt of the changing economic landscape. Those guys can go buy a black car and go work for Uber. It is a lot worse if you are a coal miner in West Virginia where there is not logic place to jump.

By: spodula

spodula — Mon, 23 Feb 2015 09:49:20 +0000

To be fair, from what I have read about taxi medallion prices in Chicago, I doubt they could drop their prices any more without starving.

I really can’t see why there should ever be a commodities market (and these things change hands for $1/4m) for what’s basically a license to practice.

By: Hugo S Cunningham

Hugo S Cunningham — Mon, 23 Feb 2015 02:39:46 +0000

It was more of a brief “demonstration” than a genuine “strike” of workers withdrawing from the market until they believe sufficient demands have been met.

By: John fembup

John fembup — Mon, 23 Feb 2015 00:48:40 +0000

Strike against your competitor?

What a novel idea. Wonder why no one ever thought of it before?

By: jdgalt

jdgalt — Mon, 23 Feb 2015 00:46:21 +0000

What a great way to shoot themselves in the foot.