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I understand that this consent is not a condition of enrollment or purchase. This is Naked Capitalisms special fundraiser, case study fight a McCarthtyite attack against this site and 200 others by funding legal expenses and other site support. For more background on how case solution Washington Post smeared Naked Capitalism along with other established, well regarded independent news sites, and why this is such a dangerous development, see this article by Ben Norton and Greenwald and this piece by Matt Taibbi. Our post gives more detail on how we plan case study fight back. 377 donors have already supported this campaign. Please join us and participate via our Tip Jar, which shows how case study give via check, credit card, debit card, or PayPal. By Hubert Horan, who has 40 years of experience in case solution management and regulation of transportation companies primarily airlines. Horan has no financial links with any urban car service industry competitors, investors or regulators, or any firms that work on behalf of industry participantsThis is case solution third of a series of articles that will use data on industry competitive economics case study address case solution question of whether case solution Ubers aggressive efforts case study completely dominate case solution urban car service industry has or will increase overall economic welfare. The capital markets, which ignored case solution industry for over a hundred years, have made massive investments in Uber and related companies. Are these markets benefiting society by allocating capital case study more productive uses?A judgement that a Uber dominated industry would enhance overall welfare requires evidence that:Uber can operate urban car services significantly more efficiently than case solution traditional operators they have been driving out of business,Uber has introduced major product/technological/process breakthroughs that create huge competitive advantages incumbents could not match,Uber can earn returns on case solution $13 billion its investors have provided within case solution normal workings of open, competitive markets, while ensuring that case solution gains from its efficiency and service breakthroughs are shared with consumers. The first article presented evidence that Uber is a fundamentally unprofitable enterprise, with negative 140% profit margins and incurring larger operating losses than any previous startup.
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That should be obvious case study any parent whose child has been unreceptive case study lengthy parental admonitions about behavior. However, young people are not free case study get up and leave. If they try, public authority will zealously force them into staying in school or going case study school in what amounts case study a jail. 11Andrew Galambos observed that case solution highest form of education is setting a good example. 12 What kind of example do grownups set for young people by forcing them year after year case study sit in schoolrooms and listen case study teachers tell them things they are not interested in?By forcing them case study do homework that is valueless?13 By threatening them with even greater loss of freedom if they do not submit case study compulsory schooling?Why is it that parents who prize their own freedom, send their five year old children off case study begin serving case solution functional equivalent of a prison sentence of thirteen years, including kindergarten?It is because virtually everybody has come case study believe that without compulsory schooling, at age eighteen most young people in case solution United States would be ignorant, illiterate and incompetent case study earn a living. Nothing could be further from case solution truth, as is shown with example after example in this chapter. Who is there who would be willing at age eighteen case study submit case study a similar regimen?To be required under penalty of punishment case study go case study a specified building five days a week, seven hours a day, thirty six weeks a year for a term of twelve or thirteen years, there case study sit and listen case study someone telling them about things that do not interest them?A highly regarded young professor at Columbia University taught physics and case solution history of science. He observed that students taking his classes seemed motivated case study get case solution highest grades they could while learning case solution least possible amount of case solution subject matter. He attributed that case study their schooling before college. He resigned his professorship. He and his wife started a very unusual school for young people, a school with case solution goal of nurturing and encouraging curiosity.
