Viewpoint – Ride-Sharing Applications and the Future of Urban Transportation

Ride-sharing applications like Uber, Lyft and Sidecar are currently revolutionizing the urban transportation industry. By allowing taxi drivers to find clients more rapidly, and other individuals to offer transportation services more easily, these technologies could lead to considerable improvements for customers. Sensible economic policy should avoid hindering their adoption by consumers while compensating those who are negatively affected by obsolete government regulations from the past.

Media release: New ride-sharing applications can benefit everyone, says the MEI

Economic Note on supply management policies in the taxi industry (“The Taxi Industry: On the Road to Reform” – August 25, 2010)