Thursday, May 28, 2015

Freeing Innovators

For John, BLUFWhy is Boston Government beating down Uber?  Nothing to see here; just move along.

Even before we kill all the lawyers, we need to kill all the headline writers.  This item from The Hill is a prime example, "Warren:  Explosion of contract workers 'a problem'".

Senator E Warren is concerned about unemployment benefits for Uber workers and their ilk.  This is a legitimate concern and we need creative solutions.  What worries me is that a too quick jump to a permanent solution will stifle innovation and thus (1) hurt consumers and (2) result in people who might otherwise have chances at employment being unemployed.  This is another problem for Dr Hernando De Soto.

Here is the last paragraph of the article.

The Republican National Committee has said that sharing economy companies like Uber and Airbnb are evidence of the kind of innovations they say can be stifled by regulation.
Hat tip to Mr Rob Eno, of Red Mass Group, via Facebook.

Regards  —  Cliff

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