Progressive City Governments Are Holding Back Progress

Could the purchase of a car save a neighborhood? In the past the answer to the previous question would have been quick and dismissive no. But thanks to technological advances, previous economic truths have become a bit more nuanced. With the arrival of “ride sharing” companies like Uber and Lyft, cars don’t necessarily lose value the minute they leave the proverbial lot. Nowadays they’re capital goods that their owners can utilize to transport passengers around in remunerative fashion.

Source: Progressive City Governments Are Holding Back Progress – Foundation for Economic Education – Working for a free and prosperous world

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