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The Uber free market

By Alex Chatham
May 28th, 2015 at 2:30 pm | Comments Off on The Uber free market | Posted in Conservatives, Economics, freedom, Nannying

For some in the Conservative party, Boris Johnson is the libertarian saviour waiting in the wings to take power and reshape Britain. After all, the London Mayor recently told licenced Black Cab drivers that they had to accept the success of Uber because that is how a free market works. Liberals should applaud this championing of the market. For those who don’t much like markets, remember people collectively send price signals that tells suppliers what is and isn’t wanted.

Odd then that the same Boris Johnson has decided to put a cap on how many mini cabs operate in London. He has decided, no doubt based on expert advice, that we have too many. It might be worth reminding Boris that this is a free market and it is the people who should decide how many cabs offer their services to Londoners.

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