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John Stossel: Media shows ignorance about basic economics

After subway shooting and violence in New York, demand for Uber and Lyft surges as do prices.

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John Stossel: Media shows ignorance about basic economics

After subway shooting and violence in New York, demand for Uber and Lyft surges as do prices.

New-york , United-states , Don-boudreaux , John-stossel , New-york-times , New-york-post , New-york-city , Bill-de-blasio ,

Uber Clueless About the Market

The media's ignorance about basic economics is galling.

I expect it from politicians. I expect it from The New York Times. But it's sad to see in the New York Post, my town's rare alternative to Democrat media.

Recently the tabloid freaked out over higher prices imposed by ride-share companies. “New Yorkers are fed up with forking over excessive amounts for Uber and Lyft rides.”

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Uber Clueless About the Market

Uber Clueless About the Market
newsbusters.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsbusters.org Daily Mail and Mail on Sunday newspapers.

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Uber Clueless

The media's ignorance about basic economics is galling.I expect it from politicians. I expect it from The New York Times. But it's sad to see in the New York Post,

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John Stossel: Uber Clueless | The Patriot Post

"Gouging" is often illegal. But that's only because when it comes to what makes markets work, well, most politicians and reporters are just clueless.

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Want to Further Economic Woes? Put in Price Controls

Politicians ignorantly blame inflation on “corporate greed” and suggest price controls. That will only invite further economic calamity.

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