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
Struggling to cut down on sugar? These 4 strategies are sure to help
Are you trying to prioritize your health by committing to a more nutrient-dense diet but, like many others, feel “hooked” on sugar? At times, ...
Read MoreUK announces groundbreaking ‘Flee Funds’ scheme for domestic abus...
The UK Home Office is taking a significant step forward in the fight against domestic abuse by launching a £2 million (just over $2.5 ...
Read More4 tips for everyday eco-friendly living
In the face of climate change, many people question the importance of individual actions in ensuring a sustainable future. While institutional change is necessary, ...
Read MoreHow arts and crafts can boost life satisfaction even more than work
BY THE OPTIMIST DAILY EDITORIAL TEAM In a society where productivity and work are often considered the markers of success, it's encouraging to learn ...
Read More
