On: Sweden proposes ban on ride-sharing services that ...

[GFK_of_xmaspast → miguelrochefort]

What about this proposal is in violation of your model of 'basic economics.'

[miguelrochefort → GFK_of_xmaspast]

They're trying to prevent people from earning money in exchange for a service.

Let's say I have a garden, and grew a bunch of tomatoes. Should I be allowed to sell them for money, or should I only be allowed to trade them for other tomatoes?

[GFK_of_xmaspast → miguelrochefort]

There are lots of services out there in the universe that I am not allowed to exchange money for.

[miguelrochefort → GFK_of_xmaspast]

It shouldn't be.

[SixSigma → miguelrochefort]

Uber makes $2bn loss on $1.8bn revenue.

I'm not sure who thinks that's basic economics

[miguelrochefort → SixSigma]

I'm not talking about Uber. I'm talking about allowing people to make a profit from ride-sharing.

[GFK_of_xmaspast → miguelrochefort]

"Profit" and "revenue" are two very different things and getting them mixed up is how you get all sorts of economic excitement that's best viewed from the distance of history.