If you haven’t tried Uber or Lyft, you really should. Drivers are nice, the service is quick, and unlike a taxi, everything from hailing to tipping is done easily through your phone. While taxi unions are crying foul at regulators for slashing fares and upping driver numbers, economists want to see more pink mustaches traversing our city streets. Recently 40 leading economists all either agreed or strongly agreed that ride-sharing is good for the economy. A driving factor behind the vote is that competition increases consumer welfare, and leads to the best prices.
Ride-sharing is good for the economy
More of Today's Solutions
The EPA implements solutions for forever chemical cleanup
In a remarkable step toward environmental protection, the Environmental Protection Agency (EPA) took decisive steps last Friday to address the dangers of two forever ...
Read MoreWhat is “weaponized kindness” and how can you protect your relationship from it?
In the delicate dance of love, kindness often serves as the melody that orchestrates harmony between couples. From modest gestures like morning coffees to ...
Read MoreHow to cook your veggies to boost their anti-inflammatory powers
Every year the cold winter weather doesn’t only put frost on the grass, it also brings an increased chance of getting sick. And that’s ...
Read MoreNewly discovered “nano-chameleon” fits atop your fingertip
In the northern regions of Madagascar, scientists have discovered the smallest reptile species known to humankind: the Brookesia nana, also known as the nano-chameleon. ...
Read More
