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Articles on Uber

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Taxi drivers in Jakarta staged a strike over operations of app-based transportation service Uber. Reuters/Garry Lotulung

Indonesia sets new rules for ride-sharing companies

The Indonesian government recently announced it would start to regulate app-based ride-sharing services such as Uber, Grab Taxi and Gojek.
The idea of a sharing platform that renders the financial warehouse obsolete is fanciful. Image sourced from www.shutterstock.com

Uberbanking, with limits

Financial services are being digitally disrupted, but the idea of a financial “sharing” economy replacing traditional banking ignores reality.
A third generation of Online Marketplaces that combine workflow and networks are changing the underlying economics of many industries. tiffany98101/flickr

Why startup investors love online marketplaces

As online marketplaces mature, a raft of new service-based companies are popping up around them.
Uber drivers gather outside Uber San Diego to protest against a 30% driver fee cut. Wayne S. Grazio/Flickr

Three things unions can learn from Uber drivers

Unions are in a self-described crisis. The well-known tale of union decline in Australia continues with the latest figures revealing less than 15% of workers are members of unions, with that dropping to…
Dave Hunt/AAP

Why Uber’s surge pricing is naive economics

Economists love Uber’s surge pricing. But it is doomed, because customers hate it. Why? Surge pricing occurs when the supply and demand for Uber vehicles becomes unbalanced, for example, due to inclement…
Bastiat would understand would Uber is going through in Paris. Reuters

The tale of Uber and a 19th-century French economist

The economist Frédéric Bastiat didn’t experience the “sharing economy,” but he knew the ludicrousness of wailing against a “foreign technology.”

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