Tags » Vested Interest

Privileges, Rents and Vested Interests: the Taxi Cartel threatens violence to protect its rents

The biggest news story in the world of transport over the past year has been the rise and rise of Uber. Uber is a technology company which has created a smartphone application which allows people who need to get somewhere, and other people who are happy to drive them there, in their own car, for a price, bypassing the taxi network. 1,449 more words

Economic Rent

Just another "meme"?

I was quickly informed by friends, soon after sharing this image on my personal Facebook, that this is “just another meme”.  While it is obviously very easy to fake this kind of graphic it still received some interesting comments, which are worth airing.  645 more words