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points by cowlevel 4 days ago | 0 comments
> Uber was a pareto improvement in my view: we are in a better world both for consumers & for low-income wages having ridesharing as a backstop.

Which has led to the interesting phenomenon that a sequence of Pareto improvements (each of which makes everyone better off) has seemed to leave everyone worse off.

[–] whimsicalism 4 days ago
Causal evidence indicates that uber entrance raises wages and reduces unemployment among the poorest, even who are not working for uber. Riders also get value.

How the hell is that leaving everyone worse off?

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