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© (c) Copyright Thomson Reuters 2016.Economists see ride-hailing industry as ripe for competition
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sangetsu03
Contemporary economists are incapable of understanding the reality of business, politics or economics. The likes of Rasputin have now been replaced by Stiglitz and Krugman. A kid running a lemonade stand understands more about real-world economics than most economists.
michaelqtodd
Even after 7 years Uber is losing $2.5 billion a year and Lyft also loses a lot. Customers are winning I guess