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Price controls == SHORTAGE. Great to read that Uber is embracing economics 101. The "price gouging" group is a bunch of fools. Price controls always results in shortages, just see the gas lines after Sandy!
1 year, 9 months ago on Uber Temporarily Drops ‘Surge Pricing’ for Riders in NYC After Price-Gouging Complaints
Yay for variable pricing! Taxi price controls (like all price controls) result in shortages!
1 year, 9 months ago on The Uber resolution – always a reliable ride!
@garethseltzer @DSOUL @TravisKalanick NYC price controls result in NYE cab shortages. I love uber market based pricing.
1 year, 9 months ago on Surge Pricing Followup
@TravisKalanick @FarahCouncil Me too! Price controls == SHORTAGE. Look at those New Jersey fools, standing in line for gas after Sandy because their price controls meant gas suppliers would lose money brining in gas!
@FarahCouncil You are an absolute fool! Any price control == SHORTAGE, a fact that has been proven time and time again throughout history. Have fun getting your taxi on NYE, I'll be paying market price to get my Uber.
@rreisman Uber is the reasonable level. Any price control == SHORTAGE. It's a basic economic fact that has been proven time and time again.
@cjsnee @MichelleBroderick Looking for a government handout! Price regulation = SHORTAGE. It's simple Econ 101 that has been proven time and time again.
1 year, 9 months ago on NYE Surge Pricing Explained
@cjsnee What a fool! Regulated pricing == SHORTAGE! I love surge pricing. I'll be getting my Uber while others are waiting in the cold for a taxi on the corner!