“Vested interests may be harmed by the injection of consumer choice into the market, but the reaction – to ban and aggressively regulate – may not stem the appearance of flexible electronic facilities that enable consumer choice in a variety of industries. Electronic aps like Airbnb and Uber are bringing down prices and contributing to traveling convenience. Despite efforts to do away with such services, the likelihood of long-term success is probably no better than that of Luddites who used to smash machines with pickaxes and sledgehammers. The ‘machine age’ survived and so probably will Airbnb and Uber – or at least variants.”
Related posts:
Kansas AG Seeks Invalidation Of Voter-Approved Marijuana Ordinance
Barnes & Noble Slides Toward Bankruptcy
As Italy Sentences 23 CIA Agents in Rendition Case, Obama Refuses To Prosecute Over Torture
Listen to Patraeus?
eBay Loophole Allows Sale of Bitcoin
The NSA Has All Non-Gun Show Sales in Its Files.
DEA Agents Sold Opioids, Stole Cash, and Falsely Identified Drug Suspects
Researchers: Government shouldn't use AI if it can’t explain decisions
Feds May Cut Off Water For Legal Marijuana Crops
The Best Enemy Money Can Buy
TSA Abuse
Alabama candidate wins by 72 votes after sorority offers voters free drinks
The New York Times Calls (again) for Higher Taxes on Middle-Class Americans
Mob Rule in Boston
Sweet success for Bees Brothers, world’s youngest bitcoin entrepreneurs
